Turquoise Hill Resources Stock Price, News & Analysis (NYSE:TRQ)

Turquoise Hill Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRQ."

Turquoise Hill Resources Ltd (NYSE:TRQ) issued its quarterly earnings results on Wednesday, July, 31st. The basic materials company reported $0.08 EPS for the quarter. The basic materials company earned $382.75 million during the quarter. Turquoise Hill Resources had a positive return on equity of 5.04% and a negative net margin of 13.64%. View Turquoise Hill Resources' Earnings History.

Turquoise Hill Resources is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Turquoise Hill Resources.

4 Wall Street analysts have issued 12-month target prices for Turquoise Hill Resources' stock. Their forecasts range from $2.00 to $3.30. On average, they anticipate Turquoise Hill Resources' share price to reach $2.5167 in the next twelve months. This suggests a possible upside of 442.9% from the stock's current price. View Analyst Price Targets for Turquoise Hill Resources.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Turquoise Hill Resources.

News coverage about TRQ stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a daily sentiment score of -1.3 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Turquoise Hill Resources.

Turquoise Hill Resources saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 6,842,900 shares, an increase of 11.0% from the July 31st total of 6,164,900 shares. Based on an average trading volume of 7,150,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.7% of the company's shares are sold short. View Turquoise Hill Resources' Current Options Chain.

Some companies that are related to Turquoise Hill Resources include EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Centamin (CELTF), Nexa Resources (NEXA), Hudbay Minerals (HBM), North American Palladium (PALDF), Lithium Americas (LAC), Mountain Province Diamonds (MPVD), Fission Uranium (FCUUF), Amerigo Resources (ARREF), Opiant Pharmaceuticals (OPNT), Rubicon Minerals (RBYCF), Jaguar Mining (JAGGF) and Santa Fe Gold (SFEG).

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), CA (CA), Barrick Gold (GOLD), InvenSense (INVN), Rio Tinto (RIO), BlackRock (BLK) and Advanced Micro Devices (AMD).

Turquoise Hill Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Pentwater Capital Management LP (9.04%), Russell Investments Group Ltd. (1.58%), Capital Growth Management LP (1.49%), Vanguard Group Inc. (1.33%), Luminus Management LLC (0.83%) and Invesco Ltd. (0.80%).

TRQ stock was sold by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, Anchor Bolt Capital LP, Swiss National Bank, Vanguard Group Inc., Marshall Wace LLP, Parametric Portfolio Associates LLC, Dalton Investments LLC and Bank of New York Mellon Corp.

TRQ stock was acquired by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Nomura Holdings Inc., Capital Growth Management LP, Russell Investments Group Ltd., Luminus Management LLC, Marshall Wace North America L.P., D. E. Shaw & Co. Inc. and Invesco Ltd..

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.

One share of TRQ stock can currently be purchased for approximately $0.4636.

Turquoise Hill Resources has a market capitalization of $932.91 million and generates $1.18 billion in revenue each year. Turquoise Hill Resources employs 2,674 workers across the globe.View Additional Information About Turquoise Hill Resources.

The official website for Turquoise Hill Resources is http://www.turquoisehill.com/.

Turquoise Hill Resources' mailing address is Suite 354 - 200 Granville Street, Vancouver A1, V6C 1S4. The basic materials company can be reached via phone at 604-688-5755 or via email at [email protected]