About Turquoise Hill Resources Ltd (TSE:TRQ)
Turquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company's principal material mineral resource property. The Company's Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes). The Company's Oyu Tolgoi mine is located approximately 550 kilometers south of Ulaanbaatar, Mongolia's capital city, and 80 kilometers north of the Mongolia-China border. The Company's Mineralization on the property consists of porphyry-style copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) of deposits throughout this trend. They include, from south to north, the Heruga Deposit, the Oyut deposit and the Hugo Dummett deposits (Hugo South, Hugo North and Hugo North Extension).
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Industrial Metals & Minerals
- Sub-Industry: N/A
- Symbol: TSE:TRQ
- CUSIP: N/A
- Web: www.turquoisehill.com/
Capitalization:- Market Cap: C$8.07 billion
- Outstanding Shares: 2,012,314,000
Average Prices:- 50 Day Moving Avg: C$3.98
- 200 Day Moving Avg: C$3.78
- 52 Week Range: C$3.25 - C$5.03
P/E:- Trailing P/E Ratio: 66.83
- P/E Growth: 40.35
Sales & Book Value:- Annual Revenue: C$892.02 million
- Price / Sales: 9.05
- Book Value: C$4.37 per share
- Price / Book: 0.92
Profitability:- EBITDA: C$159.41 million
- Net Margins: -0.19%
- Return on Equity: 1.09%
- Return on Assets: -0.01%
Misc:- Average Volume: 1.07 million shs.
- Short Ratio: 5.91
Frequently Asked Questions for Turquoise Hill Resources Ltd (TSE:TRQ)
What is Turquoise Hill Resources Ltd's stock symbol?
Turquoise Hill Resources Ltd trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TRQ."
How were Turquoise Hill Resources Ltd's earnings last quarter?
Turquoise Hill Resources Ltd (TSE:TRQ) issued its quarterly earnings data on Monday, November, 10th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.02. The firm had revenue of $527.90 million for the quarter. Turquoise Hill Resources Ltd had a positive return on equity of 1.09% and a negative net margin of 0.19%. View Turquoise Hill Resources Ltd's Earnings History.
When will Turquoise Hill Resources Ltd make its next earnings announcement?
Where is Turquoise Hill Resources Ltd's stock going? Where will Turquoise Hill Resources Ltd's stock price be in 2017?
7 brokerages have issued twelve-month price objectives for Turquoise Hill Resources Ltd's stock. Their forecasts range from C$5.00 to C$6.50. On average, they expect Turquoise Hill Resources Ltd's stock price to reach C$5.71 in the next twelve months. View Analyst Ratings for Turquoise Hill Resources Ltd.
Who are some of Turquoise Hill Resources Ltd's key competitors?
Some companies that are related to Turquoise Hill Resources Ltd include First Quantum Minerals Limited (FM), Lundin Mining (LUN), ARC Resources Ltd (ARX), Cameco Corp (CCO), BRP (DOO), Ivanhoe Mines Ltd (IVN), Peabody Energy Corporation (BTU), Pretium Resources (PVG), Parex Resources (PXT), Parex Resources (PXT), Hudbay Minerals (HBM), Tahoe Resources (THO), Superior Plus Corp. (SPB), Arch Coal, Inc. Class A (ARCH), Westshore Terminals Investment Corp (WTE), Boralex (BLX), NovaGold Resources (NG) and Cascades (CAS).
Who are Turquoise Hill Resources Ltd's key executives?
Turquoise Hill Resources Ltd's management team includes the folowing people:
- R. Peter Gillin, Chairman of the Board, Independent Director
- Jeffery D. Tygesen, Chief Executive Officer, Non-independent
- Owen Thomas, Acting Chief Financial Officer
- Brendan Lane, Vice President - Operations and Development
- Dustin Isaacs, Corporate Secretary
- James W. Gill, Independent Director
- Russel C. Robertson, Independent Director
- Maryse Saint-Laurent, Independent Director
How do I buy Turquoise Hill Resources Ltd stock?
Shares of Turquoise Hill Resources Ltd 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.
What is Turquoise Hill Resources Ltd's stock price today?
One share of Turquoise Hill Resources Ltd stock can currently be purchased for approximately C$4.01.
MarketBeat Community Rating for Turquoise Hill Resources Ltd (TSE TRQ)MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Turquoise Hill Resources Ltd (TSE:TRQ) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 5 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.71) |
| Consensus Price Target: | C$5.71 |
Consensus Price Target History for Turquoise Hill Resources Ltd (TSE:TRQ)
Analysts' Ratings History for Turquoise Hill Resources Ltd (TSE:TRQ)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 10/17/2017 | Scotiabank | Reiterated Rating | Outperform | C$5.50 |  |
| 9/15/2017 | CIBC | Reiterated Rating | Outperform | C$5.00 | |
| 8/17/2017 | Eight Capital | Reiterated Rating | Buy | | |
| 6/22/2017 | Royal Bank Of Canada | Reiterated Rating | Sector Perform | C$5.25 | |
| 4/13/2017 | CSFB | Initiated Coverage | Neutral | C$6.00 | |
| 3/29/2017 | TD Securities | Reiterated Rating | Buy | C$6.00 | |
| 12/12/2016 | Canaccord Genuity | Boost Price Target | | C$6.25 -> C$6.50 | |
(Data available from 10/22/2015 forward)
Earnings History for Turquoise Hill Resources Ltd (TSE:TRQ)Earnings History by Quarter for Turquoise Hill Resources Ltd (TSE TRQ)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/2/2017 | | | | | | | | |
| 11/10/2014 | | C$0.04 | C$0.02 | | C$527.90 million | View | N/A | |
| 5/12/2014 | | C$0.04 | C($0.02) | | C$123.27 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Turquoise Hill Resources Ltd (TSE:TRQ)Current Year EPS Consensus Estimate: $0.04 EPS
Dividend History for Turquoise Hill Resources Ltd (TSE:TRQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Turquoise Hill Resources Ltd (TSE:TRQ)Insider Trades by Quarter for Turquoise Hill Resources Ltd (TSE:TRQ)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/29/2015 | Jill Veronica Gardiner | Director | Buy | 8,700 | C$3.36 | C$29,188.50 | |
(Data available from 1/1/2013 forward)
Headline Trends for Turquoise Hill Resources Ltd (TSE:TRQ)
Latest Headlines for Turquoise Hill Resources Ltd (TSE:TRQ)
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Turquoise Hill Resources Ltd (TRQ) Chart for Sunday, October, 22, 2017
