TSE:TRQ

Turquoise Hill Resources Ltd. (TRQ.TO) Stock Forecast, Price & News

C$13.71

-0.13 (-0.94 %)

(As of 01/27/2021 04:25 PM ET)

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Today's Range

C$12.97

Now: C$13.71▼

C$14.05

50-Day Range

C$14.09

MA: C$15.78▼

C$18.36

52-Week Range

C$4.30

Now: C$13.71▼

C$18.58

Volume476,233 shs

Average Volume368,764 shs

Market CapitalizationC$2.76 billion

P/E Ratio7.68

Dividend YieldN/A

BetaN/A

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 copper-gold mine located in 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 Montreal, Canada. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.

MarketRank^™

Overall MarketRank^™

1.02 out of 5 stars

1.1 Analyst's Opinion

Consensus Rating
Turquoise Hill Resources Ltd. (TRQ.TO) has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.64, Turquoise Hill Resources Ltd. (TRQ.TO) has a forecasted downside of 88.1% from its current price of C$13.71.
Amount of Analyst Coverage
Turquoise Hill Resources Ltd. (TRQ.TO) has received no research coverage in the past 90 days.

2.1 Community Rank

Outperform Votes
Turquoise Hill Resources Ltd. (TRQ.TO) has received 268 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Turquoise Hill Resources Ltd. (TRQ.TO) has received 357 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Turquoise Hill Resources Ltd. (TRQ.TO) has received 57.12% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources Ltd. (TRQ.TO) 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.

0.0 Dividend Strength

Dividend Yield
Turquoise Hill Resources Ltd. (TRQ.TO) does not currently pay a dividend.
Dividend Growth
Turquoise Hill Resources Ltd. (TRQ.TO) does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Turquoise Hill Resources Ltd. (TRQ.TO) insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Turquoise Hill Resources Ltd. (TRQ.TO) is 7.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Turquoise Hill Resources Ltd. (TRQ.TO) is 7.68, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.73.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Turquoise Hill Resources Ltd. (TRQ.TO), their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Turquoise Hill Resources Ltd. (TRQ.TO) has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Copper

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:TRQ

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.turquoisehill.com

Phone+1-604-6885755

Employees2,854

Year FoundedN/A

Debt

Debt-to-Equity Ratio51.55

Current Ratio3.17

Quick Ratio2.68

Price-To-Earnings

Trailing P/E Ratio7.68

Forward P/E Ratio7.40

P/E Growth-0.29

Sales & Book Value

Annual SalesC$894.54 million

Price / Sales3.08

Cash FlowC$6.55 per share

Price / Cash Flow2.09

Book ValueC$46.79 per share

Price / Book0.29

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares201,231,000

Market CapC$2.76 billion

Next Earnings Date3/19/2021 (Estimated)

OptionableOptionable

C$13.71

-0.13 (-0.94 %)

(As of 01/27/2021 04:25 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Turquoise Hill Resources Ltd. (TRQ.TO) (TSE:TRQ) Frequently Asked Questions

How has Turquoise Hill Resources Ltd. (TRQ.TO)'s stock been impacted by Coronavirus?

Turquoise Hill Resources Ltd. (TRQ.TO)'s stock was trading at C$0.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRQ stock has increased by 2,076.2% and is now trading at C$13.71.
View which stocks have been most impacted by COVID-19.

Is Turquoise Hill Resources Ltd. (TRQ.TO) a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources Ltd. (TRQ.TO) in the last year. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Turquoise Hill Resources Ltd. (TRQ.TO) stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRQ, but not buy additional shares or sell existing shares.
View analyst ratings for Turquoise Hill Resources Ltd. (TRQ.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Turquoise Hill Resources Ltd. (TRQ.TO)?

Wall Street analysts have given Turquoise Hill Resources Ltd. (TRQ.TO) a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Turquoise Hill Resources Ltd. (TRQ.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Turquoise Hill Resources Ltd. (TRQ.TO)'s next earnings date?

Turquoise Hill Resources Ltd. (TRQ.TO) is scheduled to release its next quarterly earnings announcement on Friday, March 19th 2021.
View our earnings forecast for Turquoise Hill Resources Ltd. (TRQ.TO).

How were Turquoise Hill Resources Ltd. (TRQ.TO)'s earnings last quarter?

Turquoise Hill Resources Ltd. (TRQ.TO) (TSE:TRQ) posted its quarterly earnings data on Friday, November, 13th. The company reported $0.85 EPS for the quarter. The company had revenue of $352.49 million for the quarter.
View Turquoise Hill Resources Ltd. (TRQ.TO)'s earnings history.

What price target have analysts set for TRQ?

4 equities research analysts have issued 1-year price objectives for Turquoise Hill Resources Ltd. (TRQ.TO)'s stock. Their forecasts range from C$0.85 to C$2.25. On average, they anticipate Turquoise Hill Resources Ltd. (TRQ.TO)'s stock price to reach C$1.64 in the next year. This suggests that the stock has a possible downside of 88.1%.
View analysts' price targets for Turquoise Hill Resources Ltd. (TRQ.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Turquoise Hill Resources Ltd. (TRQ.TO)'s key competitors?

Some companies that are related to Turquoise Hill Resources Ltd. (TRQ.TO) include Katanga Mining Limited (KAT.TO) (KAT), Lundin Mining Co. (LUN.TO) (LUN), Aurubis AG (NDA.F) (NDA), Hudbay Minerals Inc. (HBM.TO) (HBM), Nevsun Resources (NSU), Ero Copper Corp. (ERO.TO) (ERO), Nevsun Resources (NSU), Capstone Mining Corp. (CS.TO) (CS), Atalaya Mining Plc (AYM.TO) (AYM), Imperial Metals Co. (III.TO) (III), Copper Mountain Mining Co. (CMMC.TO) (CMMC), Atalaya Mining Plc (ATYM.L) (ATYM), Nevada Copper Corp. (NCU.TO) (NCU), Western Copper and Gold Co. (WRN.TO) (WRN) and Amerigo Resources Ltd. (ARG.TO) (ARG).
View all of TRQ's competitors.

What other stocks do shareholders of Turquoise Hill Resources Ltd. (TRQ.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Turquoise Hill Resources Ltd. (TRQ.TO) investors own include 555025 (SWC), Gerdau (GGB), Ivanhoe Mines Ltd. (IVN.TO) (IVN), IMAX (IMAX), GW Pharmaceuticals (GWPH), Erdene Resource Development Co. (ERD.TO) (ERD), Five Star Senior Living (FVE), Integrated Device Technology (IDTI), Aurora Cannabis Inc. (ACB.TO) (ACB) and OrganiGram Holdings Inc. (OGI.TO) (OGI).

Who are Turquoise Hill Resources Ltd. (TRQ.TO)'s key executives?

Turquoise Hill Resources Ltd. (TRQ.TO)'s management team includes the following people:

Mr. Ulf Quellmann, CEO & Non-Independent Director (Age 54, Pay $1.24M)
Mr. Luke Colton, Chief Financial Officer
Ms. Jo-Anne Dudley, Chief Operating Officer
Mr. Roy McDowall, Head of Investor Relations & Corp. Communications
Mr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec.

What is Turquoise Hill Resources Ltd. (TRQ.TO)'s stock symbol?

Turquoise Hill Resources Ltd. (TRQ.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRQ."

How do I buy shares of Turquoise Hill Resources Ltd. (TRQ.TO)?

Shares of TRQ and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Turquoise Hill Resources Ltd. (TRQ.TO)'s stock price today?

One share of TRQ stock can currently be purchased for approximately C$13.71.

How big of a company is Turquoise Hill Resources Ltd. (TRQ.TO)?

Turquoise Hill Resources Ltd. (TRQ.TO) has a market capitalization of C$2.76 billion and generates C$894.54 million in revenue each year. Turquoise Hill Resources Ltd. (TRQ.TO) employs 2,854 workers across the globe.

What is Turquoise Hill Resources Ltd. (TRQ.TO)'s official website?

The official website for Turquoise Hill Resources Ltd. (TRQ.TO) is www.turquoisehill.com.

How can I contact Turquoise Hill Resources Ltd. (TRQ.TO)?

Turquoise Hill Resources Ltd. (TRQ.TO)'s mailing address is 354-200 Granville St, VANCOUVER, BC V6C 1S4, Canada. The company can be reached via phone at +1-604-6885755.

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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