Turquoise Hill Resources Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Turquoise Hill Resources 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.
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Wall Street analysts have given Turquoise Hill Resources 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 wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for Turquoise Hill Resources.

Turquoise Hill Resources' stock was trading at C$0.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TRQ shares have increased by 2,963.5% and is now trading at C$19.30.
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4 equities research analysts have issued 1 year price targets for Turquoise Hill Resources' stock. Their forecasts range from C$0.85 to C$2.25. On average, they expect Turquoise Hill Resources' share price to reach C$1.64 in the next year. This suggests that the stock has a possible downside of 91.5%.
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Some companies that are related to Turquoise Hill Resources include Lundin Mining (LUN), Katanga Mining Limited (KAT.TO) (KAT), Aurubis (NDA), Hudbay Minerals (HBM), Ero Copper (ERO), Nevsun Resources (NSU), Capstone Mining (CS), Nevsun Resources (NSU), Atalaya Mining (AYM), Copper Mountain Mining Co. (CMMC.TO) (CMMC), Imperial Metals (III), Copper Mountain Mining (CPPMF), Atalaya Mining (ATYM), Nevada Copper Corp. (NCU.TO) (NCU) and Western Copper and Gold Co. (WRN.TO) (WRN).
View all of TRQ's competitors.

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

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

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.
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One share of TRQ stock can currently be purchased for approximately C$19.30.

Turquoise Hill Resources has a market capitalization of C$3.88 billion and generates C$894.54 million 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 is headquartered at 354-200 Granville St, VANCOUVER, BC V6C 1S4, Canada.

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