Turquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company's principal material mineral resource property. The Company's Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes). The Company's Oyu Tolgoi mine is located approximately 550 kilometers south of Ulaanbaatar, Mongolia's capital city, and 80 kilometers north of the Mongolia-China border. The Company's Mineralization on the property consists of porphyry-style copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) of deposits throughout this trend. They include, from south to north, the Heruga Deposit, the Oyut deposit and the Hugo Dummett deposits (Hugo South, Hugo North and Hugo North Extension).
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Integrated Mining
- Sub-Industry: N/A
- Symbol: NYSE:TRQ
- CUSIP: N/A
- Web: www.turquoisehill.com
Capitalization:- Market Cap: $6.18 billion
- Outstanding Shares: 2,012,314,000
Average Prices:- 50 Day Moving Avg: $2.67
- 200 Day Moving Avg: $3.00
- 52 Week Range: $2.44 - $3.80
P/E:- Trailing P/E Ratio: 47.46
- Foreward P/E Ratio: -153.50
- P/E Growth: -142.50
Sales & Book Value:- Annual Revenue: $1.02 billion
- Price / Sales: 6.06
- Book Value: $4.36 per share
- Price / Book: 0.70
Profitability:- EBIDTA: $209.87 million
- Net Margins: 13.03%
- Return on Equity: 1.68%
- Return on Assets: 1.07%
Debt:- Debt-to-Equity Ratio: 0.52%
- Current Ratio: 7.66%
- Quick Ratio: 6.99%
Misc:- Average Volume: 3.37 million shs.
- Beta: 0.34
- Short Ratio: 4.75
Frequently Asked Questions for Turquoise Hill Resources (NYSE:TRQ)
What is Turquoise Hill Resources' stock symbol?
Turquoise Hill Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRQ."
How were Turquoise Hill Resources' earnings last quarter?
Turquoise Hill Resources Ltd. (NYSE:TRQ) posted its quarterly earnings results on Monday, May, 15th. The company reported $0.02 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.03. The firm had revenue of $237.50 million for the quarter, compared to the consensus estimate of $233.49 million. Turquoise Hill Resources had a return on equity of 1.68% and a net margin of 13.03%. The company's revenue for the quarter was down 43.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 earnings per share. View Turquoise Hill Resources' Earnings History.
Where is Turquoise Hill Resources' stock going? Where will Turquoise Hill Resources' stock price be in 2017?
5 brokerages have issued 1 year price objectives for Turquoise Hill Resources' shares. Their predictions range from $4.00 to $5.50. On average, they expect Turquoise Hill Resources' share price to reach $4.90 in the next twelve months. View Analyst Ratings for Turquoise Hill Resources.
Who are some of Turquoise Hill Resources' key competitors?
Some companies that are related to Turquoise Hill Resources include Teck Resources Ltd (TECK), Fresnillo Plc (FRES), South32 Ltd (S32), Polymetal International PLC (POLY), KAZ Minerals PLC (KAZ), Yamana Gold (AUY), Allegheny Technologies Incorporated (ATI), Vedanta Resources plc (VED), New Gold (NGD), Pretium Resources (PVG), New Gold (NGD), MAG Silver Corp (MAG), McEwen Mining (MUX), Fortuna Silver Mines (FSM), Seabridge Gold (SA), SolGold plc (SOLG), Central Asia Metals Ltd (CAML) and Gold Resource (GORO).
Who are Turquoise Hill Resources' key executives?
Turquoise Hill Resources' management team includes the folowing people:
- R. Peter Gillin, Chairman of the Board, Independent Director
- Jeffery D. Tygesen, Chief Executive Officer, Non-independent
- Owen Thomas, Acting Chief Financial Officer
- Brendan Lane, Vice President - Operations and Development
- Dustin Isaacs, Corporate Secretary
- James W. Gill, Independent Director
- Russel C. Robertson, Independent Director
- Maryse Saint-Laurent, Independent Director
- Craig Stegman Ph.D., Independent Director
Who owns Turquoise Hill Resources stock?
Turquoise Hill Resources' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.30%), Hexavest Inc. (0.14%), Quantitative Systematic Strategies LLC (0.01%), Aperio Group LLC (0.01%), APG Asset Management N.V. (0.01%) and Mn Services Vermogensbeheer B.V. (0.01%). View Institutional Ownership Trends for Turquoise Hill Resources.
Who sold Turquoise Hill Resources stock? Who is selling Turquoise Hill Resources stock?
Who bought Turquoise Hill Resources stock? Who is buying Turquoise Hill Resources stock?
How do I buy Turquoise Hill Resources stock?
Shares of Turquoise Hill Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Turquoise Hill Resources' stock price today?
One share of Turquoise Hill Resources stock can currently be purchased for approximately $3.07.
MarketBeat Community Rating for Turquoise Hill Resources (NYSE TRQ)MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Turquoise Hill Resources (NYSE:TRQ) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.40) |
| Consensus Price Target: | $4.90 (59.61% upside) |
Analysts' Ratings History for Turquoise Hill Resources (NYSE:TRQ)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/25/2017 | Royal Bank Of Canada | Reiterated Rating | Hold | $4.00 | Medium |  |
| 4/18/2017 | Credit Suisse Group | Reiterated Rating | Neutral | | Medium | |
| 11/14/2016 | Canaccord Genuity | Upgrade | Hold -> Buy | | N/A | |
| 11/8/2016 | Scotiabank | Reiterated Rating | Sector Perform | $5.50 | N/A | |
| 11/6/2016 | TD Securities | Reiterated Rating | Buy | $5.50 | N/A | |
| 4/24/2016 | CIBC | Reiterated Rating | Sector Perform | $4.50 | N/A | |
| 11/9/2015 | Macquarie | Upgrade | Neutral -> Outperform | | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for Turquoise Hill Resources (NYSE:TRQ)Earnings History by Quarter for Turquoise Hill Resources (NYSE TRQ)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/15/2017 | 3/31/2017 | ($0.01) | $0.02 | $233.49 million | $237.50 million | View | N/A | |
| 3/27/2017 | 12/31/2016 | ($0.01) | $0.05 | $215.65 million | $224.60 million | View | N/A | |
| 11/3/2016 | Q316 | ($0.03) | ($0.02) | $221.19 million | $226.30 million | View | N/A | |
| 5/5/2016 | Q116 | $0.01 | $0.06 | $388.14 million | $422.70 million | View | N/A | |
| 3/17/2016 | Q415 | $0.02 | $0.10 | $425.01 million | $355.60 million | View | N/A | |
| 11/5/2015 | Q315 | $0.02 | $0.01 | $522.85 million | $431.70 million | View | N/A | |
| 8/5/2015 | Q215 | $0.04 | $0.02 | $412.72 million | $421.30 million | View | N/A | |
| 5/11/2015 | Q115 | $0.01 | $0.03 | $113.90 million | $426.00 million | View | N/A | |
| 3/24/2015 | Q414 | $0.07 | $0.06 | $613.00 million | $634.10 million | View | N/A | |
| 11/10/2014 | Q314 | $0.03 | ($0.02) | $604.00 million | $466.00 million | View | N/A | |
| 5/12/2014 | Q1 | ($0.02) | ($0.03) | $523.00 million | $113.14 million | View | N/A | |
| 3/26/2014 | | ($0.07) | $0.10 | $135.85 million | | View | N/A | |
| 11/11/2013 | Q3 | ($0.03) | ($0.09) | $233.06 million | | View | Listen | |
| 3/26/2013 | | ($0.06) | ($0.17) | $79.00 million | $41.60 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Turquoise Hill Resources (NYSE:TRQ)Current Year EPS Consensus Estimate: $-0.01 EPS
Next Year EPS Consensus Estimate: $-0.02 EPS
Dividend History for Turquoise Hill Resources (NYSE:TRQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Turquoise Hill Resources (NYSE:TRQ)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Turquoise Hill Resources (NYSE:TRQ)
Latest Headlines for Turquoise Hill Resources (NYSE:TRQ)
| Source: |
|
| Date | Headline |
|---|
 | Turquoise Hill Resources Ltd. (TRQ) Raised to "Buy" at BidaskClub
www.americanbankingnews.com - July 19 at 6:52 PM |
 | ETFs with exposure to Turquoise Hill Resources Ltd. : July 12, 2017
finance.yahoo.com - July 13 at 10:44 AM |
| Turquoise Hill Resources Ltd. (TRQ) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 4 at 12:56 PM |
| Turquoise Hill Resources Ltd. breached its 50 day moving average in a Bullish Manner : TRQ-US : June 27, 2017
finance.yahoo.com - June 27 at 9:19 AM |
| Turquoise Hill Resources Ltd. (TRQ) Upgraded to "Hold" by BidaskClub
www.americanbankingnews.com - June 24 at 3:38 PM |
| ETFs with exposure to Turquoise Hill Resources Ltd. : June 19, 2017
finance.yahoo.com - June 20 at 8:44 AM |
| Turquoise Hill Resources Ltd. :TRQ-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 17 at 6:47 AM |
| Turquoise Hill Resources Ltd (TRQ) Upgraded to Sell by BidaskClub
www.americanbankingnews.com - June 10 at 4:56 PM |
| Turquoise Hill Resources Ltd (TRQ) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 9 at 2:38 PM |
| Turquoise Hill Resources Ltd (TRQ) Cut to "Hold" at ValuEngine
www.americanbankingnews.com - June 2 at 11:06 PM |
| These Factors Hit Rio Tinto’s Earnings Most
finance.yahoo.com - June 2 at 3:33 PM |
| Turquoise Hill Resources Ltd. – Value Analysis (NYSE:TRQ) : May 30, 2017
finance.yahoo.com - May 30 at 7:55 PM |
| Turquoise Hill Resources Ltd. breached its 50 day moving average in a Bearish Manner : TRQ-US : May 26, 2017
finance.yahoo.com - May 27 at 6:22 AM |
| Turquoise Hill Resources Ltd (TRQ) Sees Significant Drop in Short Interest
www.americanbankingnews.com - May 25 at 6:36 PM |
| Turquoise Hill Resources Ltd (TRQ) Rating Reiterated by Royal Bank of Canada
www.americanbankingnews.com - May 25 at 4:18 PM |
 | Traders News Source: Turquoise Hill Financials, Copper Prices, and Analysts Target Price
www.finanznachrichten.de - May 22 at 7:17 PM |
| Turquoise Hill Financials, Copper Prices, and Analysts Target Price
finance.yahoo.com - May 22 at 8:28 AM |
| Turquoise Hill Resources Ltd (TRQ) Releases Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 16 at 10:54 AM |
| Turquoise Hill Resources Ltd (TRQ) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 15 at 11:56 AM |
| Turquoise Hill announces results of voting for directors
finance.yahoo.com - May 15 at 8:49 AM |
| Turquoise Hill Resources (TRQ) Earning Somewhat Favorable Press Coverage, Report Finds
www.americanbankingnews.com - May 2 at 5:42 PM |
 | Turquoise Vs. Nevsun
seekingalpha.com - May 1 at 10:46 AM |
| Turquoise Hill Resources (TRQ) Earns Daily Media Impact Score of 0.31
www.americanbankingnews.com - April 28 at 3:26 PM |
| Turquoise Hill Resources (TRQ) Earning Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 25 at 4:36 PM |
| Turquoise Hill Resources (TRQ) Receiving Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 21 at 9:42 PM |
| Turquoise Hill Resources' (TRQ) Hold Rating Reaffirmed at Royal Bank of Canada
www.americanbankingnews.com - April 19 at 6:52 PM |
| Favorable Media Coverage Somewhat Likely to Affect Turquoise Hill Resources (TRQ) Stock Price
www.americanbankingnews.com - April 18 at 2:40 PM |
| Turquoise Hill Resources Ltd (TRQ) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 18 at 2:10 PM |
| Turquoise Hill Resources Ltd (TRQ) Stock Rating Reaffirmed by Credit Suisse Group AG
www.americanbankingnews.com - April 18 at 12:36 PM |
| Bracing for Freeport’s 1Q17 Results: The Fear of a Third Consecutive Miss
finance.yahoo.com - April 18 at 8:42 AM |
 | Shares of TRQ Now Oversold
www.nasdaq.com - April 17 at 7:10 PM |
| ETFs with exposure to Turquoise Hill Resources Ltd. : April 17, 2017
finance.yahoo.com - April 17 at 7:10 PM |
| Turquoise Hill Resources (TRQ) Receiving Somewhat Negative Media Coverage, Study Shows
www.americanbankingnews.com - April 15 at 1:48 PM |
| ETFs with exposure to Turquoise Hill Resources Ltd. : April 5, 2017
finance.yahoo.com - April 7 at 1:05 PM |
| TURQUOISE HILL RESOURCES LTD. Financials
finance.yahoo.com - April 1 at 7:16 AM |
| Turquoise Hill Resources Ltd (TRQ) Posts Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - March 28 at 9:14 AM |
| Turquoise Hill to announce fourth quarter and full year 2016 financial results on March 27, 2017
finance.yahoo.com - March 20 at 6:28 PM |
| Turquoise Hill Resources Ltd (TRQ) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - March 14 at 8:31 AM |
 | Turquoise Hill Resources Ltd (TRQ) CFO to Retire
www.streetinsider.com - February 27 at 8:45 AM |
| Turquoise Hill announces retirement of CFO
finance.yahoo.com - February 27 at 8:45 AM |
 | Turquoise Hill Resources Ltd. breached its 50 day moving average in a Bullish Manner : TRQ-US : January 4, 2017
us.rd.yahoo.com - January 5 at 7:12 AM |
 | How Do Analysts Rate Copper Producers following Trump’s Election?
us.rd.yahoo.com - December 28 at 8:11 PM |
| What Should Copper Investors Expect from China in 2017?
us.rd.yahoo.com - December 23 at 2:24 AM |
| 8:01 am Turquiose Hill Resources announces FY17 production & capex guidance; expects to produce between 130k-160k tonnes of copper & 100k-140k oz of gold
finance.yahoo.com - December 18 at 3:18 AM |
| Turquoise Hill Resources announces Oyu Tolgoi suspends concentrate shipments due to border crossing matters
us.rd.yahoo.com - December 2 at 7:52 PM |
| 8:01 am Turquiose Hill Resources: Oyu Tolgoi suspends concentrate shipments to the Chinese border following a new requirement at the Chinese-Mongolian border
us.rd.yahoo.com - December 2 at 7:52 PM |
| Turquoise Hill stops shipments from Mongolian mine to China
us.rd.yahoo.com - December 2 at 7:52 PM |
 | Turquoise Hill suspends Mongolia mine shipments to China
uk.finance.yahoo.com - December 2 at 11:02 AM |
Turquoise Hill Resources (TRQ) Chart for Tuesday, July, 25, 2017
