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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
'Knock at the Cabin' knocks off 'Avatar' at the box office
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
Europe bans Russian diesel, other oil products over Ukraine
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Biden's State of the Union to tout policy wins on economy
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
How will EU ban and West's price cap on Russian diesel work?
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Evacuations urged in Ohio town as train wreck smolders
'Knock at the Cabin' knocks off 'Avatar' at the box office
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.
Add
Compare
Today's Range
$31.41
▼
$31.41
50-Day Range
$30.66
▼
$31.70
52-Week Range
$14.32
▼
$32.09
Volume
N/A
Average Volume
1.23 million shs
Market Capitalization
$6.32 billion
P/E Ratio
11.26
Dividend Yield
N/A
Price Target
$40.20
TRQ stock logo

About Turquoise Hill Resources (NYSE:TRQ) Stock

Turquoise 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.

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TRQ Stock News Headlines

January 2, 2023 | thestreet.com
Turquoise Hill Resources (TRQ) Stock Coverage Initiated at BMO Capital
January 2, 2023 | thestreet.com
Turquoise Hill Resources (TRQ) Stock Climbs Following Oyu Tolgoi Development Deal
February 6, 2023 | Tradewins (Ad)
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December 16, 2022 | markets.businessinsider.com
Rio Tinto Closes Acquisition Of Turquoise Hill
December 16, 2022 | theglobeandmail.com
Rio Tinto completes $3.3-billion Turquoise Hill deal for larger share in Mongolia project
December 16, 2022 | finance.yahoo.com
Rio Tinto completes acquisition of Turquoise Hill
December 11, 2022 | fool.com.au
Rio Tinto share price falls despite Turquoise Hill takeover progress
December 9, 2022 | theglobeandmail.com
Turquoise Hill shareholders approve Rio Tinto’s $3.3-billion buyout bid
February 6, 2023 | Investor Place Media (Ad)
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December 9, 2022 | bloomberg.com
Turquoise Hill Shareholders Back Rio Tinto’s $3.1 Billion Takeover
December 9, 2022 | finance.yahoo.com
Turquoise Hill’s Shareholders Approve Arrangement with Rio Tinto
November 25, 2022 | seekingalpha.com
Turquoise Hill Resources sets holder vote on Rio Tinto deal for Dec. 9
November 18, 2022 | seekingalpha.com
Turquoise Hill dissidents agreed to end previous deal with Rio Tinto - report
November 14, 2022 | theglobeandmail.com
Turquoise Hill reports US$40-million third quarter profit, raises gold guidance
November 14, 2022 | finance.yahoo.com
Turquoise Hill Announces Financial Results and Review of Operations for the Third Quarter of 2022
November 8, 2022 | msn.com
Rio Tinto's takeover of Turquoise Hill postponed again as Quebec regulator steps in
November 7, 2022 | msn.com
Turquoise Hill delays shareholder vote on Rio Tinto plan to take company private
November 6, 2022 | theglobeandmail.com
Former OSC chair says Rio Tinto deal with dissident shareholders is illegal, regulators likely to stop Turquoise Hill takeover
November 1, 2022 | theglobeandmail.com
Deal uncertainty swirls as Turquoise Hill postpones shareholder vote on proposed acquisition by Rio Tinto
November 1, 2022 | finance.yahoo.com
Turquoise Hill Announces Postponement of the Special Meeting regarding Proposed Arrangement with Rio Tinto to November 8, 2022
November 1, 2022 | finance.yahoo.com
IIROC Trading Halt - TRQ
November 1, 2022 | finance.yahoo.com
IIROC Trade Resumption - TRQ
November 1, 2022 | finance.yahoo.com
Turquoise Hill's $3.1 Billion Takeover in Doubt as Rio Requests Vote Delay
October 31, 2022 | finance.yahoo.com
Turquoise Hill Announces extension of the proxy deadline for the Special Meeting to 6:00 p.m. (Eastern time) October 31, 2022
September 29, 2022 | finance.yahoo.com
Turquoise Hill Announces Receipt of Interim Order for Proposed Arrangement with Rio Tinto and Provides Details of Shareholders’ Meeting
September 23, 2022 | finance.yahoo.com
Turquoise Hill Resources Ltd. (TRQ)
September 21, 2022 | seekingalpha.com
Rio Tinto CEO says latest bid for Turquoise Hill is final offer
See More Headlines
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TRQ Company Calendar

Last Earnings
11/14/2022
Today
2/05/2023
Next Earnings (Estimated)
3/01/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Metal mining
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NYSE:TRQ
Previous Symbol
NYSE:IVN
CUSIP
N/A
CIK
1158041
Web
www.turquoisehill.com
Phone
(514) 848-1567
Fax
604-688-7168
Employees
3,478
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$2.79
Trailing P/E Ratio
11.26
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$524.89 million
Net Margins
33.00%
Pretax Margin
27.78%
Return on Equity
5.89%
Return on Assets
3.85%

Debt

Debt-to-Equity Ratio
0.35
Current Ratio
0.42
Quick Ratio
0.24

Sales & Book Value

Annual Sales
$1.97 billion
Price / Sales
3.21
Cash Flow
$3.43 per share
Price / Cash Flow
9.17
Book Value
$45.27 per share
Price / Book
0.69

Miscellaneous

Outstanding Shares
201,231,000
Free Float
N/A
Market Cap
$6.32 billion
Optionable
Optionable
Beta
1.40

Key Executives

  • Mr. Steve Thibeault BA (Acc) (Age 63)
    CMA, Interim CEO & Non-Independent Director
    Comp: $1.03M
  • Mr. Luke Colton
    Chief Financial Officer
  • Ms. Jo-Anne Dudley
    Chief Operating Officer
  • Mr. Dustin Sean Isaacs
    Chief Legal Officer & Corp. Sec.
  • Mr. Roy McDowall
    VP of Investor Relations & Communications

Key Competitors

View All Competitors

Insiders & Institutions

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