NYSE:TRQ Turquoise Hill Resources - TRQ Stock Forecast, Price & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: 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. Add Compare Share Share Today's Range$31.41▼$31.4150-Day Range$30.66▼$31.7052-Week Range$14.32▼$32.09VolumeN/AAverage Volume1.23 million shsMarket Capitalization$6.32 billionP/E Ratio11.26Dividend YieldN/APrice Target$40.20 ProfileAnalyst RatingsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media About Turquoise Hill Resources (NYSE:TRQ) StockTurquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of the Oyu Tolgoi copper-gold mine located in 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 incorporated in 1994 and is headquartered in Montreal, Canada. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group.Read More Receive TRQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Turquoise Hill Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address TRQ Stock News HeadlinesJanuary 2, 2023 | thestreet.comTurquoise Hill Resources (TRQ) Stock Coverage Initiated at BMO CapitalJanuary 2, 2023 | thestreet.comTurquoise Hill Resources (TRQ) Stock Climbs Following Oyu Tolgoi Development DealFebruary 6, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! December 16, 2022 | markets.businessinsider.comRio Tinto Closes Acquisition Of Turquoise HillDecember 16, 2022 | theglobeandmail.comRio Tinto completes $3.3-billion Turquoise Hill deal for larger share in Mongolia projectDecember 16, 2022 | finance.yahoo.comRio Tinto completes acquisition of Turquoise HillDecember 11, 2022 | fool.com.auRio Tinto share price falls despite Turquoise Hill takeover progressDecember 9, 2022 | theglobeandmail.comTurquoise Hill shareholders approve Rio Tinto’s $3.3-billion buyout bidFebruary 6, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 9, 2022 | bloomberg.comTurquoise Hill Shareholders Back Rio Tinto’s $3.1 Billion TakeoverDecember 9, 2022 | finance.yahoo.comTurquoise Hill’s Shareholders Approve Arrangement with Rio TintoNovember 25, 2022 | seekingalpha.comTurquoise Hill Resources sets holder vote on Rio Tinto deal for Dec. 9November 18, 2022 | seekingalpha.comTurquoise Hill dissidents agreed to end previous deal with Rio Tinto - reportNovember 14, 2022 | theglobeandmail.comTurquoise Hill reports US$40-million third quarter profit, raises gold guidanceNovember 14, 2022 | finance.yahoo.comTurquoise Hill Announces Financial Results and Review of Operations for the Third Quarter of 2022November 8, 2022 | msn.comRio Tinto's takeover of Turquoise Hill postponed again as Quebec regulator steps inNovember 7, 2022 | msn.comTurquoise Hill delays shareholder vote on Rio Tinto plan to take company privateNovember 6, 2022 | theglobeandmail.comFormer OSC chair says Rio Tinto deal with dissident shareholders is illegal, regulators likely to stop Turquoise Hill takeoverNovember 1, 2022 | theglobeandmail.comDeal uncertainty swirls as Turquoise Hill postpones shareholder vote on proposed acquisition by Rio TintoNovember 1, 2022 | finance.yahoo.comTurquoise Hill Announces Postponement of the Special Meeting regarding Proposed Arrangement with Rio Tinto to November 8, 2022November 1, 2022 | finance.yahoo.comIIROC Trading Halt - TRQNovember 1, 2022 | finance.yahoo.comIIROC Trade Resumption - TRQNovember 1, 2022 | finance.yahoo.comTurquoise Hill's $3.1 Billion Takeover in Doubt as Rio Requests Vote DelayOctober 31, 2022 | finance.yahoo.comTurquoise Hill Announces extension of the proxy deadline for the Special Meeting to 6:00 p.m. (Eastern time) October 31, 2022September 29, 2022 | finance.yahoo.comTurquoise Hill Announces Receipt of Interim Order for Proposed Arrangement with Rio Tinto and Provides Details of Shareholders’ MeetingSeptember 23, 2022 | finance.yahoo.comTurquoise Hill Resources Ltd. (TRQ)September 21, 2022 | seekingalpha.comRio Tinto CEO says latest bid for Turquoise Hill is final offerSee More Headlines Receive TRQ Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Turquoise Hill Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address TRQ Company Calendar Last Earnings11/14/2022Today2/05/2023Next Earnings (Estimated)3/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:TRQ Previous SymbolNYSE:IVN CUSIPN/A CIK1158041 Webwww.turquoisehill.com Phone(514) 848-1567Fax604-688-7168Employees3,478Year FoundedN/APrice Target and Rating Average Stock Price Forecast$40.20 High Stock Price Forecast$43.00 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+28.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.79 Trailing P/E Ratio11.26 Forward P/E RatioN/A P/E GrowthN/ANet Income$524.89 million Net Margins33.00% Pretax Margin27.78% Return on Equity5.89% Return on Assets3.85% Debt Debt-to-Equity Ratio0.35 Current Ratio0.42 Quick Ratio0.24 Sales & Book Value Annual Sales$1.97 billion Price / Sales3.21 Cash Flow$3.43 per share Price / Cash Flow9.17 Book Value$45.27 per share Price / Book0.69Miscellaneous Outstanding Shares201,231,000Free FloatN/AMarket Cap$6.32 billion OptionableOptionable Beta1.40 Key ExecutivesMr. Steve Thibeault BA (Acc) (Age 63)CMA, Interim CEO & Non-Independent Director Comp: $1.03MMr. Luke ColtonChief Financial OfficerMs. Jo-Anne DudleyChief Operating OfficerMr. Dustin Sean IsaacsChief Legal Officer & Corp. Sec.Mr. Roy McDowallVP of Investor Relations & CommunicationsKey CompetitorsMP MaterialsNYSE:MPLithium AmericasNYSE:LACPretium ResourcesNYSE:PVGCleveland-CliffsNYSE:CLFHuntsmanNYSE:HUNView All CompetitorsInsiders & InstitutionsEquitec Proprietary Markets LLCSold 52,300 shares on 1/31/2023Ownership: 0.000%FNY Investment Advisers LLCSold 130 shares on 1/10/2023Ownership: 0.000%Westchester Capital Management LLCBought 544,351 shares on 11/17/2022Ownership: 0.271%Telemetry Investments L.L.C.Bought 35,800 shares on 11/17/2022Ownership: 0.018%Maven Securities LTDBought 11,500 shares on 11/16/2022Ownership: 0.006%View All Institutional Transactions TRQ Stock - Frequently Asked Questions Should I buy or sell Turquoise Hill Resources stock right now? 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. The consensus among Wall Street analysts is that investors should "hold" TRQ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRQ, but not buy additional shares or sell existing shares. View TRQ analyst ratings or view top-rated stocks. What is Turquoise Hill Resources' stock price forecast for 2023? 4 analysts have issued 1-year price targets for Turquoise Hill Resources' shares. Their TRQ share price forecasts range from $34.00 to $43.00. On average, they expect the company's share price to reach $40.20 in the next year. This suggests a possible upside of 28.0% from the stock's current price. View analysts price targets for TRQ or view top-rated stocks among Wall Street analysts. When is Turquoise Hill Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023. View our TRQ earnings forecast. How were Turquoise Hill Resources' earnings last quarter? Turquoise Hill Resources Ltd. (NYSE:TRQ) posted its earnings results on Monday, November, 14th. The basic materials company reported $0.23 EPS for the quarter. The basic materials company had revenue of $391.08 million for the quarter. Turquoise Hill Resources had a net margin of 33.00% and a trailing twelve-month return on equity of 5.89%. When did Turquoise Hill Resources' stock split? Turquoise Hill Resources shares reverse split on the morning of Monday, October 26th 2020. The 1-10 reverse split was announced on Thursday, October 1st 2020. The number of shares owned by shareholders was adjusted after the closing bell on Friday, October 23rd 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. 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), Kinross Gold (KGC), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD), Bombardier, Inc. Class B (BBD.B), First Majestic Silver (AG) and Yamana Gold (AUY). 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 number of institutional and retail investors. Top institutional shareholders include Equitec Proprietary Markets LLC (0.00%), Concourse Financial Group Securities Inc. (0.00%) and FNY Investment Advisers LLC (0.00%). What is Turquoise Hill Resources' stock price today? One share of TRQ stock can currently be purchased for approximately $31.41. How much money does Turquoise Hill Resources make? Turquoise Hill Resources (NYSE:TRQ) has a market capitalization of $6.32 billion and generates $1.97 billion in revenue each year. The basic materials company earns $524.89 million in net income (profit) each year or $2.79 on an earnings per share basis. How many employees does Turquoise Hill Resources have? The company employs 3,478 workers across the globe. How can I contact Turquoise Hill Resources? Turquoise Hill Resources' mailing address is 1 PLACE VILLE-MARIE SUITE 3680, MONTREAL A8, H3B 3P2. The official website for the company is www.turquoisehill.com. The basic materials company can be reached via phone at (514) 848-1567, via email at tony.shaffer@turquoisehill.com, or via fax at 604-688-7168. This page (NYSE:TRQ) was last updated on 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. 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