NYSE:TRQ - Turquoise Hill Resources Stock Price, Forecast & News

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

Turquoise Hill Resources Ltd (NYSE:TRQ) posted its earnings results on Tuesday, November, 12th. The basic materials company reported $0.04 EPS for the quarter. The basic materials company had revenue of $209.20 million for the quarter. Turquoise Hill Resources had a negative net margin of 12.60% and a positive return on equity of 5.34%. View Turquoise Hill Resources' Earnings History.

Turquoise Hill Resources is scheduled to release their next quarterly earnings announcement on Thursday, March 12th 2020. View Earnings Estimates for Turquoise Hill Resources.

5 Wall Street analysts have issued 1-year target prices for Turquoise Hill Resources' stock. Their forecasts range from $2.00 to $3.30. On average, they expect Turquoise Hill Resources' stock price to reach $2.43 in the next year. This suggests a possible upside of 252.0% from the stock's current price. View Analyst Price Targets for Turquoise Hill Resources.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Turquoise Hill Resources.

News articles about TRQ stock have been trending positive recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Turquoise Hill Resources earned a news sentiment score of 2.9 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Turquoise Hill Resources.

Turquoise Hill Resources saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 4,710,000 shares, a drop of 40.2% from the December 15th total of 7,880,000 shares. Based on an average daily trading volume, of 3,780,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.5% of the company's stock are sold short. View Turquoise Hill Resources' Current Options Chain.

Some companies that are related to Turquoise Hill Resources include Lundin Mining (LUNMF), Compania de Minas Buenaventura SAA (BVN), 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), Jaguar Mining (JAGGF), Fission Uranium (FCUUF), Amerigo Resources (ARREF) and Rubicon Minerals (RBYCF).

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), First Majestic Silver (AG), Rio Tinto (RIO), BlackRock (BLK) and InvenSense (INVN).

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 $0.69.

Turquoise Hill Resources has a market capitalization of $1.39 billion and generates $1.18 billion in revenue each year. Turquoise Hill Resources employs 2,615 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]