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About Turquoise Hill Resources (NYSE:TRQ)
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company engages in mining copper, gold, silver, and molybdenum. Its principal material mineral resource property is the Oyu Tolgoi copper-gold mine located in the southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. The company was founded in 1994 and is headquartered in Vancouver, Canada.
Industry, Sector and Symbol
Industry Metal mining
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:TRQ
CUSIPN/A
Phone604-688-5755
Debt
Debt-to-Equity Ratio0.51
Current Ratio5.60
Quick Ratio5.04
Price-To-Earnings
Trailing P/E Ratio26.36
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$939.78 million
Price / Sales6.00
Cash Flow$0.2345 per share
Price / Cash11.94
Book Value$4.02 per share
Price / Book0.70
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$181.24 million
Net Margins23.84%
Return on Equity2.82%
Return on Assets1.77%
Miscellaneous
Employees2,530
Outstanding Shares2,012,310,000
Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions
What is Turquoise Hill Resources' stock symbol?
Turquoise Hill Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRQ."
How were Turquoise Hill Resources' earnings last quarter?
Turquoise Hill Resources (NYSE:TRQ) announced its quarterly earnings data on Tuesday, May, 8th. The basic materials company reported $0.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.01 by $0.03. The basic materials company had revenue of $245.59 million for the quarter, compared to analyst estimates of $279.41 million. Turquoise Hill Resources had a return on equity of 2.82% and a net margin of 23.84%. Turquoise Hill Resources's revenue for the quarter was up 3.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.02 EPS. View Turquoise Hill Resources' Earnings History.
When is Turquoise Hill Resources' next earnings date?
What price target have analysts set for TRQ?
3 equities research analysts have issued 1 year target prices for Turquoise Hill Resources' stock. Their predictions range from $4.00 to $5.50. On average, they anticipate Turquoise Hill Resources' stock price to reach $4.75 in the next twelve months. View Analyst Ratings for Turquoise Hill Resources.
Who are some of Turquoise Hill Resources' key competitors?
Some companies that are related to Turquoise Hill Resources include South32 (SOUHY), First Quantum Minerals (FQVLF), Fortescue Metals Group (FSUGY), Lundin Mining (LUNMF), Compańia de Minas Buenaventura (BVN), Vedanta Resources (VDNRF), Cleveland-Cliffs (CLF), Centamin (CELTF), Nexa Resources (NEXA), Hudbay Minerals (HBM), Pretium Resources (PVG), North American Palladium (PALDF), Lithium Americas (LAC), Mountain Province Diamonds (MPVD) and Fission Uranium (FCUUF).
Who are Turquoise Hill Resources' key executives?
Turquoise Hill Resources' management team includes the folowing people:
- Mr. Jeffery D. Tygesen, Chief Exec. Officer and Director (Age 60)
- Mr. Brendan Lane, VP of Operations & Devel.
- Mr. Luke Colton, Chief Financial Officer
- Mr. Dustin Sean Isaacs, Gen. Counsel and Corp. Sec.
- Bob Williamson, VP of Corp. Communications
Has Turquoise Hill Resources been receiving favorable news coverage?
News articles about TRQ stock have been trending positive on Saturday, according to Accern. The research group ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Turquoise Hill Resources earned a media sentiment score of 0.36 on Accern's scale. They also gave media stories about the basic materials company an impact score of 47.59 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Turquoise Hill Resources' major shareholders?
Turquoise Hill Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include
SAILINGSTONE CAPITAL PARTNERS LLC
(11.49%), Capital Growth Management LP (1.92%), Russell Investments Group Ltd. (0.35%), Royal Bank of Canada (0.34%), Legal & General Group Plc (0.24%) and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (0.19%). View Institutional Ownership Trends for Turquoise Hill Resources.
Which major investors are selling Turquoise Hill Resources stock?
TRQ stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, The Manufacturers Life Insurance Company , Capital Growth Management LP, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Swiss National Bank, Toronto Dominion Bank, Schroder Investment Management Group and Hsbc Holdings PLC. View Insider Buying and Selling for Turquoise Hill Resources.
Which major investors are buying Turquoise Hill Resources stock?
TRQ stock was bought by a variety of institutional investors in the last quarter, including Legal & General Group Plc, Royal Bank of Canada, Russell Investments Group Ltd., PM CAPITAL Ltd, BW Gestao de Investimentos Ltda., Wells Fargo & Company MN, CIBC World Markets Inc. and Global X Management Co. LLC. View Insider Buying and Selling for Turquoise Hill Resources.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Turquoise Hill Resources' stock price today?
One share of TRQ stock can currently be purchased for approximately $2.80.
How big of a company is Turquoise Hill Resources?
Turquoise Hill Resources has a market capitalization of $5.84 billion and generates $939.78 million in revenue each year. Turquoise Hill Resources employs 2,530 workers across the globe.
How can I contact Turquoise Hill Resources?
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]
MarketBeat Community Rating for Turquoise Hill Resources (TRQ)
MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources and other stocks. Vote "Outperform" if you believe TRQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TRQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
Turquoise Hill Resources (NYSE:TRQ) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Turquoise Hill Resources in the last 12 months. Their average twelve-month price target is $4.75, suggesting that the stock has a possible upside of 69.64%. The high price target for TRQ is $5.50 and the low price target for TRQ is $4.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.67 | 2.67 | 2.50 | 2.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $4.75 | $4.75 | $4.75 | $4.75 |
| Price Target Upside: | 69.64% upside | 47.52% upside | 47.52% upside | 47.52% upside |
Turquoise Hill Resources (NYSE:TRQ) Consensus Price Target History
Turquoise Hill Resources (NYSE:TRQ) Analyst Ratings History
Show:
(Data available from 5/26/2016 forward)
Turquoise Hill Resources (NYSE:TRQ) Earnings History and Estimates Chart
Turquoise Hill Resources (NYSE TRQ) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/30/2018 | | | | | | | | |
| 5/8/2018 | 3/31/2018 | $0.01 | $0.04 | $279.41 million | $245.59 million | View | N/A |  |
| 3/15/2018 | n/a | | $0.03 | $253.77 million | $251.70 million | View | N/A | |
| 11/2/2017 | Q3 | | $0.03 | $246.86 million | $246.90 million | View | N/A | |
| 7/31/2017 | 6/30/2017 | ($0.01) | $0.01 | $223.14 million | $203.70 million | View | N/A | |
| 5/15/2017 | 3/31/2017 | ($0.01) | $0.02 | $233.49 million | $237.50 million | View | N/A | |
| 3/27/2017 | 12/31/2016 | ($0.01) | $0.05 | $215.65 million | $224.60 million | View | N/A | |
| 11/3/2016 | Q316 | ($0.03) | ($0.02) | $221.19 million | $226.30 million | View | N/A | |
| 8/2/2016 | Q2 2016 | $0.03 | $0.01 | | $329.74 million | View | N/A | |
| 5/5/2016 | Q116 | $0.01 | $0.06 | $388.14 million | $422.70 million | View | N/A | |
| 3/17/2016 | Q415 | $0.02 | $0.10 | $425.01 million | $355.60 million | View | N/A | |
| 11/5/2015 | Q315 | $0.02 | $0.01 | $522.85 million | $431.70 million | View | N/A | |
| 8/5/2015 | Q215 | $0.04 | $0.02 | $412.72 million | $421.30 million | View | N/A | |
| 5/11/2015 | Q115 | $0.01 | $0.03 | $113.90 million | $426.00 million | View | N/A | |
| 3/24/2015 | Q414 | $0.07 | $0.06 | $613.00 million | $634.10 million | View | N/A | |
| 11/10/2014 | Q314 | $0.03 | ($0.02) | $604.00 million | $466.00 million | View | N/A | |
| 5/12/2014 | Q1 | ($0.02) | ($0.03) | $523.00 million | $113.14 million | View | N/A | |
| 3/26/2014 | | ($0.07) | $0.10 | $135.85 million | $84.00 million | View | N/A | |
| 11/11/2013 | Q3 | ($0.03) | ($0.09) | $233.06 million | $15.70 million | View | Listen | |
| 8/12/2013 | Q2 2013 | ($0.05) | ($0.07) | | $46.90 million | View | N/A | |
| 5/13/2013 | Q1 2013 | ($0.04) | ($0.05) | | $44.00 million | View | N/A | |
| 3/26/2013 | | ($0.06) | ($0.17) | $79.00 million | $41.60 million | View | N/A | |
| 11/14/2012 | Q3 2012 | ($0.06) | ($0.06) | | | View | N/A | |
| 8/14/2012 | Q2 2012 | ($0.03) | ($0.13) | | | View | N/A | |
| 5/15/2012 | Q1 2012 | ($0.06) | ($0.11) | | | View | N/A | |
| 3/20/2012 | Q4 2011 | ($0.06) | ($0.11) | | | View | N/A | |
| 11/14/2011 | | ($0.05) | $0.02 | | | View | N/A | |
| 8/12/2011 | Q2 2011 | | $0.11 | | | View | N/A | |
| 5/13/2011 | Q1 2011 | | ($0.10) | | | View | N/A | |
| 11/10/2010 | Q3 2010 | ($0.02) | ($0.05) | | | View | N/A | |
| 8/16/2010 | Q2 2010 | $0.02 | ($0.17) | | | View | N/A | |
| 5/14/2010 | Q1 2010 | ($0.04) | ($0.11) | | | View | N/A | |
| 3/31/2010 | Q4 2009 | | ($0.35) | | | View | N/A | |
| 11/13/2009 | Q3 2009 | ($0.09) | ($0.16) | | | View | N/A | |
| 8/14/2009 | Q2 2009 | ($0.12) | ($0.08) | | | View | N/A | |
| 5/15/2009 | Q1 2009 | ($0.22) | ($0.18) | | | View | N/A | |
| 11/14/2008 | Q3 2008 | | ($0.26) | | | View | N/A | |
| 5/14/2008 | Q1 2008 | | ($0.19) | | | View | N/A | |
(Earnings results data provided by Zacks Investment Research)
Turquoise Hill Resources (NYSE:TRQ) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Turquoise Hill Resources (NYSE TRQ) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 34.99%
Turquoise Hill Resources (NYSE TRQ) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Turquoise Hill Resources (NYSE TRQ) News Headlines
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Turquoise Hill Resources (NYSE:TRQ) SEC Filings
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Turquoise Hill Resources (NYSE:TRQ) Income Statement, Balance Sheet and Cash Flow Statement
Turquoise Hill Resources (NYSE TRQ) Stock Chart for Saturday, May, 26, 2018
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