NYSE:TRQTurquoise Hill Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Turquoise Hill Resources Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.74 0.00 (-0.04 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$0.71Now: $0.74▼$0.7850-Day Range$0.45MA: $0.54▼$0.7452-Week Range$0.30Now: $0.74▼$1.33Volume3.96 million shsAverage Volume2.00 million shsMarket Capitalization$1.49 billionP/E RatioN/ADividend YieldN/ABeta1.8 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It primarily develops and operates the Oyu Tolgoi 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. Turquoise Hill Resources Ltd. was founded in 1994 and is headquartered in Vancouver, Canada. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingTurquoise Hill Resources has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.62, Turquoise Hill Resources has a potential upside of 117.9% from its current price of $0.74.Amount of Analyst CoverageTurquoise Hill Resources has only been the subject of 1 research reports in the past 90 days. Previous Next 1.6 Community Rank Outperform VotesTurquoise Hill Resources has received 256 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTurquoise Hill Resources has received 521 “underperform” votes. (Add your “underperform” vote.)Community SentimentTurquoise Hill Resources has received 67.05% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldTurquoise Hill Resources does not currently pay a dividend.Dividend GrowthTurquoise Hill Resources does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Turquoise Hill Resources insiders have not sold or bought any company stock.Percentage Held by Institutions39.45% of the stock of Turquoise Hill Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Turquoise Hill Resources is -8.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Turquoise Hill Resources is -8.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTurquoise Hill Resources has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 1.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.27 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:TRQ Previous SymbolNYSE:IVN CUSIPN/A CIK1158041 Webwww.turquoisehill.com Phone604-688-5755Debt Debt-to-Equity Ratio0.53 Current Ratio3.72 Quick Ratio3.36Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.17 billion Price / Sales1.28 Cash Flow$0.32 per share Price / Cash Flow2.34 Book Value$3.94 per share Price / Book0.19Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-150,460,000.00 Net Margins-21.85% Return on Equity4.96% Return on Assets3.05%Miscellaneous Employees2,615 Outstanding Shares2,012,314,000Market Cap$1.49 billion Next Earnings Date7/29/2020 (Estimated) OptionableOptionable TRQ Rates by TradingView Receive TRQ News and Ratings via Email Sign-up to receive the latest news and ratings for TRQ and its competitors with MarketBeat's FREE daily newsletter. Turquoise Hill Resources (NYSE:TRQ) Frequently Asked Questions How has Turquoise Hill Resources' stock been impacted by COVID-19 (Coronavirus)? 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. 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. Do Wall Street analysts recommend investors buy shares of Turquoise Hill Resources? 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. When is Turquoise Hill Resources' next earnings date? 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. How were Turquoise Hill Resources' earnings last quarter? Turquoise Hill Resources Ltd (NYSE:TRQ) released its earnings results on Friday, March, 20th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter. The basic materials company had revenue of $221.40 million for 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. What price target have analysts set for TRQ? 5 brokerages have issued 12-month price objectives for Turquoise Hill Resources' stock. Their forecasts range from $0.85 to $2.00. On average, they expect Turquoise Hill Resources' share price to reach $1.62 in the next year. This suggests a possible upside of 117.9% from the stock's current price. View analysts' price targets for Turquoise Hill Resources. Has Turquoise Hill Resources been receiving favorable news coverage? Media headlines about TRQ stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Turquoise Hill Resources earned a coverage optimism score of 2.0 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 media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutTurquoise Hill Resources. Who are some of Turquoise Hill Resources' key competitors? 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. 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), 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). Who are Turquoise Hill Resources' key executives? Turquoise Hill Resources' management team includes the following people: Mr. Ulf Quellmann, CEO & Director (Age 53)Mr. Luke Colton, Chief Financial OfficerMr. Brendan Lane, VP of Operations & Devel.Ed Jack, Head of Investor RelationsMr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec. 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 variety 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%). Which institutional investors are selling Turquoise Hill Resources stock? 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. Which institutional investors are buying Turquoise Hill Resources stock? TRQ stock was purchased 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Turquoise Hill Resources' stock price today? One share of TRQ stock can currently be purchased for approximately $0.74. How big of a company is Turquoise Hill Resources? 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. What is Turquoise Hill Resources' official website? The official website for Turquoise Hill Resources is www.turquoisehill.com. 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] This page was last updated on 6/1/2020 by MarketBeat.com Staff
