NYSE:TRQ Turquoise Hill Resources Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Turquoise Hill Resources Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.86 -0.02 (-2.27 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$0.85Now: $0.86▼$0.8950-Day Range$0.83MA: $0.93▼$1.1652-Week Range$0.30Now: $0.86▼$1.20Volume2.23 million shsAverage Volume2.83 million shsMarket Capitalization$1.74 billionP/E Ratio5.08Dividend YieldN/ABeta1.95 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It primarily develops and operates the Oyu Tolgoi mine located in the southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was founded in 1994 and is headquartered in Vancouver, Canada. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingTurquoise Hill Resources has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.72, Turquoise Hill Resources has a forecasted upside of 99.4% from its current price of $0.86.Amount of Analyst CoverageTurquoise Hill Resources has only been the subject of 4 research reports in the past 90 days. Previous Next 1.7 Community Rank Outperform VotesTurquoise Hill Resources has received 263 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTurquoise Hill Resources has received 524 “underperform” votes. (Add your “underperform” vote.)Community SentimentTurquoise Hill Resources has received 66.58% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources and other stocks. Vote “Outperform” if you believe TRQ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRQ will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldTurquoise Hill Resources does not currently pay a dividend.Dividend GrowthTurquoise Hill Resources does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Turquoise Hill Resources insiders have not sold or bought any company stock.Percentage Held by Institutions35.51% of the stock of Turquoise Hill Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Turquoise Hill Resources is 5.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Turquoise Hill Resources is 5.08, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 35.84.Price to Book Value per Share RatioTurquoise Hill Resources has a P/B Ratio of 0.22. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.58 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:TRQ Previous SymbolNYSE:IVN CUSIPN/A CIK1158041 Webwww.turquoisehill.com Phone514-848-1567Debt Debt-to-Equity Ratio0.52 Current Ratio3.62 Quick Ratio3.28Price-To-Earnings Trailing P/E Ratio5.08 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.17 billion Price / Sales1.49 Cash Flow$0.32 per share Price / Cash Flow2.68 Book Value$3.94 per share Price / Book0.22Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-150,460,000.00 Net Margins38.73% Return on Equity4.10% Return on Assets2.53%Miscellaneous Employees2,854 Outstanding Shares2,012,314,000Market Cap$1.74 billion Next Earnings Date11/10/2020 (Estimated) OptionableOptionable $0.86 -0.02 (-2.27 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TRQ News and Ratings via Email Sign-up to receive the latest news and ratings for TRQ and its competitors with MarketBeat's FREE daily newsletter. Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions How has Turquoise Hill Resources' stock price been impacted by COVID-19? Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRQ shares have increased by 88.7% and is now trading at $0.8627. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Turquoise Hill Resources? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Turquoise Hill Resources. When is Turquoise Hill Resources' next earnings date? Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020. View our earnings forecast for Turquoise Hill Resources. How were Turquoise Hill Resources' earnings last quarter? Turquoise Hill Resources Ltd (NYSE:TRQ) issued its earnings results on Tuesday, July, 28th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.03. The basic materials company earned $277.97 million during the quarter. Turquoise Hill Resources had a return on equity of 4.10% and a net margin of 38.73%. View Turquoise Hill Resources' earnings history. What price target have analysts set for TRQ? 6 equities research analysts have issued twelve-month price targets for Turquoise Hill Resources' stock. Their forecasts range from $0.85 to $2.50. On average, they anticipate Turquoise Hill Resources' share price to reach $1.72 in the next year. This suggests a possible upside of 99.4% from the stock's current price. View analysts' price targets for Turquoise Hill Resources. Who are some of Turquoise Hill Resources' key competitors? Some companies that are related to Turquoise Hill Resources include First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), Jaguar Mining (JAGGF), Centamin (CELTF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Hudbay Minerals (HBM), Lithium Americas (LAC), North American Palladium (PALDF), Nexa Resources (NEXA), Jaguar Mining (JAGGD), Great Panther Mining (GPL) and EMX Royalty (EMX). View all competitors. What other stocks do shareholders of Turquoise Hill Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Turquoise Hill Resources investors own include Stillwater Mining (SWC), Imax (IMAX), Integrated Device Technology (IDTI), Skyworks Solutions (SWKS), Kinross Gold (KGC), Sandstorm Gold (SAND), Bombardier, Inc. Class B (BBD.B), Advanced Micro Devices (AMD), First Majestic Silver (AG) and Yamana Gold (AUY). Who are Turquoise Hill Resources' key executives? Turquoise Hill Resources' management team includes the following people: Mr. Ulf Quellmann, CEO & Director (Age 53)Mr. Luke Colton, Chief Financial OfficerMr. Brendan Lane, VP of Operations & Devel.Ed Jack, Head of Investor RelationsMr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec. What is Turquoise Hill Resources' stock symbol? Turquoise Hill Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRQ." Who are Turquoise Hill Resources' major shareholders? Turquoise Hill Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (3.88%), Vanguard Group Inc. (1.36%), Oregon Public Employees Retirement Fund (0.82%), Georgetown University (0.56%), Swiss National Bank (0.11%) and Goldman Sachs Group Inc. (0.08%). Which institutional investors are selling Turquoise Hill Resources stock? TRQ stock was sold by a variety of institutional investors in the last quarter, including Exane Derivatives, Vanguard Group Inc., Bank of America Corp DE, Marshall Wace LLP, and HighTower Advisors LLC. Which institutional investors are buying Turquoise Hill Resources stock? TRQ stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Russell Investments Group Ltd., Georgetown University, Swiss National Bank, Virtu Financial LLC, Jane Street Group LLC, Goldman Sachs Group Inc., and Great West Life Assurance Co. Can. How do I buy shares of Turquoise Hill Resources? Shares of TRQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Turquoise Hill Resources' stock price today? One share of TRQ stock can currently be purchased for approximately $0.86. How big of a company is Turquoise Hill Resources? Turquoise Hill Resources has a market capitalization of $1.74 billion and generates $1.17 billion in revenue each year. Turquoise Hill Resources employs 2,854 workers across the globe. What is Turquoise Hill Resources' official website? The official website for Turquoise Hill Resources is www.turquoisehill.com. How can I contact Turquoise Hill Resources? Turquoise Hill Resources' mailing address is 1 PLACE VILLE-MARIE SUITE 3680, MONTREAL A8, H3B 3P2. The basic materials company can be reached via phone at 514-848-1567 or via email at [email protected] This page was last updated on 9/20/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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