TSE:TRQ

Turquoise Hill Resources - TRQ Stock Forecast, Price & News

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Today's Range: N/A
50-Day Range: C$41.26
▼
C$43.01
52-Week Range: N/A

Volume: 1.03 million shs
Average Volume: 516,789 shs
Market Capitalization: C$8.65 billion

P/E Ratio: 11.84
Dividend Yield: N/A
Price Target: C$40.33

About Turquoise Hill Resources (TSE:TRQ) Stock

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of 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 incorporated in 1994 and is headquartered in Montreal, Canada. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group.

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TRQ Stock News Headlines

December 29, 2022 | seekingalpha.com

Rio Tinto: Positive Commodity Mix Evolution

November 18, 2022 | finance.yahoo.com

Turquoise Hill Acknowledges Announcement by Rio Tinto of Termination of Agreements with Certain Minority Shareholders of Turquoise Hill and Irrevocable offer to Dissenting Shareholders

March 30, 2023 | Tradewins (Ad)

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November 10, 2022 | finance.yahoo.com

Turquoise Hill to Announce Third Quarter Financial Results on November 14, 2022

November 10, 2022 | theglobeandmail.com

Turquoise Hill delays vote on Rio Tinto acquisition indefinitely, as Quebec regulator studies side deal with dissidents

November 9, 2022 | finance.yahoo.com

Turquoise Hill Announces Postponement of Special Meeting

November 7, 2022 | theglobeandmail.com

Rio Tinto’s Turquoise Hill takeover in doubt as Quebec’s securities regulator studies side deal negotiated with dissidents

November 6, 2022 | finance.yahoo.com

Turquoise Hill Postpones Special Meeting of Shareholders to November 15, 2022

March 30, 2023 | Investor Place Media (Ad)

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November 2, 2022 | benzinga.com

Turquoise Hill Acknowledges Announcement by Rio Tinto of Agreements with Certain Minority Shareholders of Turquoise Hill

November 2, 2022 | theglobeandmail.com

Rio Tinto reaches agreement with dissident shareholders in Turquoise Hill deal

November 2, 2022 | seekingalpha.com

Turquoise Hill paring some gains after investor criticizes deal with dissidents

November 1, 2022 | seekingalpha.com

Turquoise Hill gains after Rio Tinto reaches agreement with some larger holders

October 26, 2022 | finance.yahoo.com

Turquoise Hill Board of Directors Remind Minority Shareholders to Vote FOR the Arrangement Resolution to Receive C$43.00 per share in Cash; a 67% Premium

October 26, 2022 | barrons.com

Institutional Shareholder Services Recommends Turquoise Hill Shareholders Vote "AGAINST" Rio Tinto's C$43/share Privatization Transaction

October 25, 2022 | theglobeandmail.com

Rio Tinto reiterates $3.3-billion offer for Turquoise Hill after proxy advisor recommends voting against deal

October 25, 2022 | seekingalpha.com

Turquoise Hill needs another $3.6B over next two years, Rio Tinto says

October 25, 2022 | finance.yahoo.com

Institutional Shareholder Services Recommends Turquoise Hill Shareholders Vote "AGAINST" Rio Tinto’s C$43/share Privatization Transaction

October 25, 2022 | finance.yahoo.com

Turquoise Hill Board of Directors Continues to Unanimously Recommend that Minority Shareholders Vote FOR the Arrangement Resolution to Receive C$43.00 per share in Cash; a 67% Premium

October 19, 2022 | finance.yahoo.com

Proxy Advisor Glass Lewis Recommends that Turquoise Hill Shareholders Vote "FOR" the Rio Tinto Go-Private Transaction

October 14, 2022 | finance.yahoo.com

Turquoise Hill investor SailingStone to vote against Rio's buyout bid

September 6, 2022 | seekingalpha.com

Turquoise Hill: Rio Tinto Deal Seems Likely To Close, Spread Remains Wide

September 6, 2022 | ca.finance.yahoo.com

Turquoise Hill Resources signs definitive agreement with Rio Tinto

September 6, 2022 | theglobeandmail.com

Canadian copper miner Turquoise Hill Resources signs definitive agreement with Rio Tinto

September 1, 2022 | ca.finance.yahoo.com

Turquoise Hill Resources accepts sweetened Rio Tinto takeover offer

September 1, 2022 | barrons.com

Premarket Movers: MongoDB, Okta Cl A, Turquoise Hill Resources

August 25, 2022 | baystreet.ca

Rio Tinto Again Tries To Acquire Turquoise Hill Resources

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Copper
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:TRQ
CUSIP: N/A
CIK: N/A
Web: www.turquoisehill.com
Phone: +1-604-6885755
Fax: N/A
Employees: 3,478
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$40.33
High Stock Price Forecast: C$48.00
Low Stock Price Forecast: C$30.00
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 11.84
Forward P/E Ratio: N/A
P/E Growth: -0.4
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 42.72
Current Ratio: 0.42
Quick Ratio: 0.18

Sales & Book Value

Annual Sales: C$1.65 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 41.28
Book Value: C$45.51 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 201,231,000
Free Float: N/A
Market Cap: C$8.65 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Steve Thibeault BA (Acc) (Age 63)
CMA, Interim CEO & Non-Independent Director
Comp: $1.4M

Mr. Luke Colton
Chief Financial Officer

Ms. Jo-Anne Dudley
Chief Operating Officer

Mr. Dustin Sean Isaacs
Chief Legal Officer & Corp. Sec.

Mr. Roy McDowall
VP of Investor Relations & Communications

Key Competitors

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Insiders

View All Insider Transactions

TRQ Stock - Frequently Asked Questions

Should I buy or sell Turquoise Hill Resources stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Turquoise Hill Resources in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TRQ shares. 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 TRQ analyst ratings or view top-rated stocks.
What is Turquoise Hill Resources' stock price forecast for 2023?: 3 Wall Street analysts have issued 12 month price targets for Turquoise Hill Resources' shares. Their TRQ share price forecasts range from C$30.00 to C$48.00. On average, they expect the company's stock price to reach C$40.33 in the next year.
View analysts price targets for TRQ or view top-rated stocks among Wall Street analysts.
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), 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 (ACB) and Organigram (OGI).
What is Turquoise Hill Resources' stock symbol?: Turquoise Hill Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRQ."

How do I buy shares of Turquoise Hill Resources?: Shares of TRQ stock 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.
Compare Top Brokerages Here.
How much money does Turquoise Hill Resources make?: Turquoise Hill Resources (TSE:TRQ) has a market capitalization of C$0.00 and generates C$1.65 billion in revenue each year.
How many employees does Turquoise Hill Resources have?: The company employs 3,478 workers across the globe.
How can I contact Turquoise Hill Resources?: Turquoise Hill Resources' mailing address is 354-200 Granville St, VANCOUVER, BC V6C 1S4, Canada. The official website for the company is www.turquoisehill.com. The company can be reached via phone at +1-604-6885755.

This page (TSE:TRQ) was last updated on 3/30/2023 by MarketBeat.com Staff

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