TSE:TRQTurquoise Hill Resources Stock Price, Forecast & News

Turquoise Hill Resources' stock was trading at C$0.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TRQ stock has increased by 90.5% and is now trading at C$1.20. View which stocks have been most impacted by Coronavirus.

3 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 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Turquoise Hill Resources.

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.

Turquoise Hill Resources Ltd (TSE:TRQ) announced its earnings results on Wednesday, May, 13th. The company reported $0.04 earnings per share for the quarter. The firm earned $175.40 million during the quarter. View Turquoise Hill Resources' earnings history.

3 brokers have issued 12-month price targets for Turquoise Hill Resources' stock. Their forecasts range from C$0.85 to C$2.75. On average, they expect Turquoise Hill Resources' share price to reach C$1.59 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Press coverage about TRQ stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Turquoise Hill Resources.

Some companies that are related to Turquoise Hill Resources include Lundin Mining (LUN), OZ Minerals (OZL), Aurubis (NDA), Nevsun Resources (NSU), Ero Copper (ERO), Nevsun Resources (NSU), Hudbay Minerals (HBM), Sandfire Resources (SFR), Capstone Mining (CS), Imperial Metals (III), Atalaya Mining (AYM), Atalaya Mining (ATYM), Nevada Copper (NCU), Mod Resources (MOD) and Western Copper and Gold (WRN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Turquoise Hill Resources investors own include Stillwater Mining (SWC), Gerdau (GGB), Imax (IMAX), Ivanhoe Mines (IVN), GW Pharmaceuticals PLC- (GWPH), Five Star Senior Living (FVE), Integrated Device Technology (IDTI), Aurora Cannabis (ACB), Erdene Resource Development (ERD) and OrganiGram (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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

One share of TRQ stock can currently be purchased for approximately C$1.20.

Turquoise Hill Resources has a market capitalization of C$2.41 billion and generates C$943.99 million in revenue each year. Turquoise Hill Resources employs 2,615 workers across the globe.

The official website for Turquoise Hill Resources is www.turquoisehill.com.

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.