S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:TRQ

Turquoise Hill Resources Stock Forecast, Price & News

$13.84
-0.95 (-6.42%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$13.76
$14.86
50-Day Range
$10.04
$15.43
52-Week Range
$9.75
$21.89
Volume
937,540 shs
Average Volume
938,220 shs
Market Capitalization
$2.79 billion
P/E Ratio
5.28
Dividend Yield
N/A
Beta
1.98
30 days | 90 days | 365 days | Advanced Chart
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Turquoise Hill Resources logo

About Turquoise Hill Resources

Turquoise Hill Resources Ltd. engages in the exploration and development of mineral properties. It focuses on Oyu Tolgoi Copper-Gold Mine. The company was founded by Robert Martin Friedland on January 25, 1994 and is headquartered in Montreal, Canada.

Headlines

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Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
3,093
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$3.40 per share
Book Value
$44.25 per share

Profitability

Net Income
$406.29 million
Pretax Margin
49.19%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$2.79 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/02/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/14/2022

MarketRank

Overall MarketRank

1.62 out of 5 stars

Basic Materials Sector

178th out of 222 stocks

Metal Mining Industry

17th out of 21 stocks

Analyst Opinion: 2.9Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions

Is Turquoise Hill Resources a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Turquoise Hill Resources stock. 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 analyst ratings for Turquoise Hill Resources
or view top-rated stocks.

How has Turquoise Hill Resources' stock been impacted by COVID-19 (Coronavirus)?

Turquoise Hill Resources' stock was trading at $4.5720 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TRQ stock has increased by 202.7% and is now trading at $13.84.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Turquoise Hill Resources?

Turquoise Hill Resources saw a increase in short interest in October. As of October 29th, there was short interest totaling 2,400,000 shares, an increase of 15.4% from the October 14th total of 2,080,000 shares. Based on an average daily volume of 663,200 shares, the short-interest ratio is currently 3.6 days. Approximately 2.4% of the shares of the stock are short sold.
View Turquoise Hill Resources' Short Interest
.

When is Turquoise Hill Resources' next earnings date?

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Monday, March 14th 2022.
View our earnings forecast for Turquoise Hill Resources
.

How were Turquoise Hill Resources' earnings last quarter?

Turquoise Hill Resources Ltd. (NYSE:TRQ) issued its quarterly earnings data on Tuesday, November, 2nd. The basic materials company reported $0.17 EPS for the quarter. The basic materials company earned $622.79 million during the quarter. Turquoise Hill Resources had a trailing twelve-month return on equity of 6.04% and a net margin of 28.23%.
View Turquoise Hill Resources' earnings history
.

When did Turquoise Hill Resources' stock split? How did Turquoise Hill Resources' stock split work?

Shares of Turquoise Hill Resources 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 market closes on Friday, October 23rd 2020. An investor that had 100 shares of Turquoise Hill Resources stock prior to the reverse split would have 10 shares after the split.

What price target have analysts set for TRQ?

6 brokerages have issued 12 month target prices for Turquoise Hill Resources' stock. Their forecasts range from $12.00 to $24.00. On average, they anticipate Turquoise Hill Resources' share price to reach $16.58 in the next twelve months. This suggests a possible upside of 19.8% from the stock's current price.
View analysts' price targets for Turquoise Hill Resources
or view top-rated stocks among Wall Street analysts.

Who are Turquoise Hill Resources' key executives?

Turquoise Hill Resources' management team includes the following people:
  • Steeve Thibeault, Chief Executive Officer & Director
  • Jo-Anne Dudley, Chief Operating Officer
  • Luke Colton, Chief Financial Officer
  • Roy McDowall, Head-Investor Relations & Communications
  • Dustin S. Isaacs, Secretary & Chief Legal Officer

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), (SAND), 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 retail and institutional investors. Top institutional shareholders include Credit Suisse AG (2.43%), SailingStone Capital Partners LLC (2.33%), Dimensional Fund Advisors LP (0.67%), Mackenzie Financial Corp (0.65%), Invesco Ltd. (0.47%) and Connor Clark & Lunn Investment Management Ltd. (0.32%).

Which major investors are selling Turquoise Hill Resources stock?

TRQ stock was sold by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, SailingStone Capital Partners LLC, Connor Clark & Lunn Investment Management Ltd., Deutsche Bank AG, Franklin Resources Inc., Citadel Advisors LLC, Morgan Stanley, and Jane Street Group LLC.

Which major investors are buying Turquoise Hill Resources stock?

TRQ stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, PEAK6 Investments LLC, Tudor Investment Corp Et Al, Goldman Sachs Group Inc., Voloridge Investment Management LLC, Alberta Investment Management Corp, Janney Montgomery Scott LLC, and Marshall Wace LLP.

How do I buy shares of Turquoise Hill Resources?

Shares of TRQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Turquoise Hill Resources' stock price today?

One share of TRQ stock can currently be purchased for approximately $13.84.

How much money does Turquoise Hill Resources make?

Turquoise Hill Resources has a market capitalization of $2.79 billion and generates $1.08 billion in revenue each year. The basic materials company earns $406.29 million in net income (profit) each year or $2.62 on an earnings per share basis.

How many employees does Turquoise Hill Resources have?

Turquoise Hill Resources employs 3,093 workers across the globe.

What is Turquoise Hill Resources' official website?

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

Where are Turquoise Hill Resources' headquarters?

Turquoise Hill Resources is headquartered at 1 PLACE VILLE-MARIE SUITE 3680, MONTREAL A8, H3B 3P2.

How can I contact Turquoise Hill Resources?

Turquoise Hill Resources' mailing address is 1 PLACE VILLE-MARIE SUITE 3680, MONTREAL A8, H3B 3P2. The basic materials company can be reached via phone at (514) 848-1567, via email at [email protected], or via fax at 604-688-7168.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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