NYSE:TRQTurquoise Hill Resources Stock Price, Forecast & News

Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TRQ shares have increased by 62.3% and is now trading at $0.7419. 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) announced its quarterly earnings results on Friday, March, 20th. The basic materials company reported $0.06 EPS for the quarter. The basic materials company earned $221.40 million during the quarter. Turquoise Hill Resources had a positive return on equity of 4.96% and a negative net margin of 21.85%. View Turquoise Hill Resources' earnings history.

5 brokers have issued twelve-month price targets for Turquoise Hill Resources' shares. Their forecasts range from $0.85 to $2.00. On average, they anticipate Turquoise Hill Resources' share price to reach $1.62 in the next twelve months. This suggests a possible upside of 117.9% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Press coverage about TRQ stock has trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Turquoise Hill Resources earned a coverage optimism score of -1.0 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutTurquoise Hill Resources.

Some companies that are related to Turquoise Hill Resources include IMPALA PLATINUM/S (IMPUY), First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), EXXARO RESOURCE/S (EXXAY), Centamin (CELTF), Cleveland-Cliffs (CLF), Compania de Minas Buenaventura SAA (BVN), Pretium Resources (PVG), North American Palladium (PALDF), Hudbay Minerals (HBM), Nexa Resources (NEXA), 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."

Turquoise Hill Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Pentwater Capital Management LP (9.09%), Kopernik Global Investors LLC (4.06%), Russell Investments Group Ltd. (3.33%), Invesco Ltd. (1.43%), Capital World Investors (1.10%) and Tudor Investment Corp Et Al (0.30%).

TRQ stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Pentwater Capital Management LP, Wellington Management Group LLP, and Aperio Group LLC.

TRQ stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Russell Investments Group Ltd., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Kopernik Global Investors LLC, Invesco Ltd., and One68 Global Capital LLC.

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 $0.74.

Turquoise Hill Resources has a market capitalization of $1.49 billion and generates $1.17 billion in revenue each year. Turquoise Hill Resources employs 2,615 workers across the globe.

The official website for Turquoise Hill Resources is 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]