NYSE:TRQTurquoise Hill Resources Stock Price, Forecast & News

Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TRQ stock has increased by 64.5% and is now trading at $0.7519. View which stocks have been most impacted by Coronavirus.

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.

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Turquoise Hill Resources.

Turquoise Hill Resources Ltd (NYSE:TRQ) issued its earnings results on Wednesday, May, 13th. The basic materials company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.04. The basic materials company earned $130.66 million during the quarter. Turquoise Hill Resources had a negative net margin of 21.85% and a positive return on equity of 4.96%. View Turquoise Hill Resources' earnings history.

5 analysts have issued 1-year price objectives for Turquoise Hill Resources' stock. Their forecasts range from $0.85 to $2.00. On average, they anticipate Turquoise Hill Resources' stock price to reach $1.62 in the next twelve months. This suggests a possible upside of 115.0% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Media coverage about TRQ stock has been trending very negative this week, according to InfoTrie. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Turquoise Hill Resources earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave 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 impact on the company's share price in the next several days. View the latest news about Turquoise Hill Resources.

Turquoise Hill Resources saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 16,660,000 shares, a drop of 6.8% from the May 31st total of 17,880,000 shares. Based on an average daily volume of 2,220,000 shares, the days-to-cover ratio is currently 7.5 days. Currently, 1.7% of the shares of the company are short sold. View Turquoise Hill Resources' Current Options Chain.

Some companies that are related to Turquoise Hill Resources include First Quantum Minerals (FQVLF), IMPALA PLATINUM/S (IMPUY), Lundin Mining (LUNMF), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Compania de Minas Buenaventura SAA (BVN), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Nexa Resources (NEXA), North American Palladium (PALDF), Hudbay Minerals (HBM), Lithium Americas (LAC), Jaguar Mining (JAGGF), Rubicon Minerals (RBYCF) and Fission Uranium (FCUUF). View all competitors.

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), Kinross Gold (KGC), Advanced Micro Devices (AMD), Bombardier, Inc. Class B (BBD.B), Encana (ECA), First Majestic Silver (AG) and Bank of America (BAC).

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

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 $0.75.

Turquoise Hill Resources has a market capitalization of $1.51 billion and generates $1.17 billion in revenue each year. Turquoise Hill Resources employs 2,854 workers across the globe.

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

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 or via email at [email protected]