NYSE:TRQTurquoise Hill Resources Stock Price, Forecast & News

Turquoise Hill Resources' stock was trading at $0.4572 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TRQ stock has increased by 87.1% and is now trading at $0.8553.
View which stocks have been most impacted by COVID-19.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Turquoise Hill Resources.

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Turquoise Hill Resources.

Turquoise Hill Resources Ltd (NYSE:TRQ) announced its quarterly earnings results on Tuesday, July, 28th. 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 earned $277.97 million during the quarter. Turquoise Hill Resources had a net margin of 38.73% and a return on equity of 4.10%.
View Turquoise Hill Resources' earnings history.

5 brokerages have issued 1 year price targets for Turquoise Hill Resources' shares. Their forecasts range from $0.85 to $2.50. On average, they expect Turquoise Hill Resources' share price to reach $1.65 in the next year. This suggests a possible upside of 92.9% from the stock's current price.
View analysts' price targets for Turquoise Hill Resources.

News headlines about TRQ stock have been trending very negative this week, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines 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 effect on the stock's share price in the immediate future.
View the latest news about Turquoise Hill Resources.

Turquoise Hill Resources saw a increase in short interest during the month of January. As of January 31st, there was short interest totaling 14,790,000 shares, an increase of 217.4% from the January 15th total of 4,660,000 shares. Based on an average daily volume of 2,680,000 shares, the short-interest ratio is currently 5.5 days. Currently, 1.5% of the shares of the stock are sold short.
View Turquoise Hill Resources' Short Interest.

Some companies that are related to Turquoise Hill Resources include First Quantum Minerals (FQVLF), Lundin Mining (LUNMF), Centamin (CELTF), Compania de Minas Buenaventura SAA (BVN), EXXARO RESOURCE/S (EXXAY), Cleveland-Cliffs (CLF), Pretium Resources (PVG), Nexa Resources (NEXA), Hudbay Minerals (HBM), North American Palladium (PALDF), Lithium Americas (LAC), Jaguar Mining (JAGGF), Fission Uranium (FCUUF), Rubicon Minerals (RBYCF) and Amerigo Resources (ARREF).
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), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Skyworks Solutions (SWKS), Kinross Gold (KGC), Bombardier, Inc. Class B (BBD.B), Advanced Micro Devices (AMD) and First Majestic Silver (AG).

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

Turquoise Hill Resources' stock is owned by a variety of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (3.88%), Oregon Public Employees Retirement Fund (0.82%), Swiss National Bank (0.11%), Goldman Sachs Group Inc. (0.08%), Marshall Wace LLP (0.03%) and Virtu Financial LLC (0.01%).

TRQ stock was sold by a variety of institutional investors in the last quarter, including Exane Derivatives, Marshall Wace LLP, and HighTower Advisors LLC.

TRQ stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Russell Investments Group Ltd., Swiss National Bank, Virtu Financial LLC, Goldman Sachs Group Inc., Rafferty Asset Management LLC, and UBS Group AG.

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 $0.86.

Turquoise Hill Resources has a market capitalization of $1.72 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]