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$7.77 billion
- Outstanding Shares: 2,012,314,000
Average Prices:- 50 Day Moving Avg: C$3.97
- 200 Day Moving Avg: C$3.80
- 52 Week Range: C$3.25 - C$5.03
P/E:- Trailing P/E Ratio: 64.33
- P/E Growth: 78.70
Sales & Book Value:- Annual Revenue: C$892.02 million
- Price / Sales: 8.71
- Book Value: C$4.37 per share
- Price / Book: 0.88
Profitability:- EBIDTA: C$159.41 million
- Net Margins: -0.19%
- Return on Equity: 1.09%
- Return on Assets: -0.01%
Misc:- Average Volume: 1.10 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 Tornton 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 earnings results on Monday, November, 10th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.04 by $0.02. The firm earned $527.90 million during the quarter. Turquoise Hill Resources Ltd had a negative net margin of 0.19% and a positive return on equity of 1.09%. 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 targets for Turquoise Hill Resources Ltd's stock. Their predictions range from C$5.00 to C$6.50. On average, they anticipate Turquoise Hill Resources Ltd's share price to reach C$5.79 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), Parex Resources (PXT), Parex Resources (PXT), Tahoe Resources (THO), Hudbay Minerals (HBM), Pretium Resources (PVG), Westshore Terminals Investment Corp (WTE), Arch Coal, Inc. Class A (ARCH), NovaGold Resources (NG), Superior Plus Corp. (SPB), Boralex (BLX) 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$3.86.
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$5.79 |
Analysts' Ratings History for Turquoise Hill Resources Ltd (TSE:TRQ)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/15/2017 | CIBC | Reiterated Rating | Outperform | C$5.00 |  |
| 8/17/2017 | Eight Capital | Reiterated Rating | Buy | | |
| 8/2/2017 | Scotiabank | Reiterated Rating | Outperform | C$6.00 | |
| 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 9/24/2015 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: $0.02 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)
| Source: |
|
| Date | Headline |
|---|
 | Pre-Market Technical Pulse on Metals & Minerals Stocks ... - PR Newswire (press release)
www.prnewswire.com - September 16 at 9:50 AM |
 | CIBC Reiterates C$5.00 Price Target for Turquoise Hill Resources Ltd (TRQ)
www.americanbankingnews.com - September 15 at 2:34 PM |
 | Turquoise Hill Resources Ltd (TRQ) Reports Resignation of Craig Stegman from Board - StreetInsider.com
www.streetinsider.com - September 14 at 11:41 AM |
 | Turquoise Hill announces resignation of director Craig Stegman
finance.yahoo.com - September 14 at 11:41 AM |
| Turquoise Hill Resources Ltd (TRQ) Names Luke Colton as CFO - StreetInsider.com
www.streetinsider.com - September 12 at 11:12 AM |
| Turquoise Hill appoints new Chief Financial Officer
finance.yahoo.com - September 12 at 11:12 AM |
| Turquoise Hill Resources Ltd (TRQ) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - September 11 at 2:22 AM |
| Turquoise Hill Resources Ltd (TRQ) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - August 17 at 4:38 PM |
| Turquoise Hill Resources Ltd (TRQ) Rating Reiterated by Eight Capital
www.americanbankingnews.com - August 17 at 2:22 PM |
| See what the IHS Markit Score report has to say about Turquoise Hill Resources Ltd.
finance.yahoo.com - August 10 at 8:56 AM |
| Today's Research Report Coverage on Metals and Minerals Stocks -- Fairmount Santrol, Rio Tinto, Turquoise Hill ... - PR Newswire (press release)
www.prnewswire.com - August 8 at 7:41 AM |
| Turquoise Hill Resources Ltd. :TRQ-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 5 at 7:56 AM |
| Edited Transcript of TRQ.TO earnings conference call or presentation 1-Aug-17 3:00pm GMT
finance.yahoo.com - August 2 at 8:01 AM |
| Turquoise Hill Resources Ltd (TRQ) Tops Q2 EPS by 3c, Miss on Revenues - StreetInsider.com
www.streetinsider.com - August 1 at 7:03 AM |
 | Turquoise Hill Resources: Catalysts Align In Its Favor - Seeking Alpha
seekingalpha.com - July 28 at 9:02 AM |
| Turquoise Hill Resources Ltd (TSE:TRQ) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - July 27 at 5:20 PM |
| Turquoise Hill to announce second quarter financial results on July 31, 2017
finance.yahoo.com - July 25 at 7:47 AM |
| Turquoise Hill Resources Ltd (TSE:TRQ) Rating Reiterated by Scotiabank
www.americanbankingnews.com - July 18 at 11:00 PM |
| Turquoise Hill Resources Ltd (TRQ) Reports Q2 Production - StreetInsider.com
www.streetinsider.com - July 18 at 9:12 AM |
| Turquoise Hill announces second quarter 2017 production
finance.yahoo.com - July 18 at 9:12 AM |
| Turquoise Hill Resources Ltd. breached its 50 day moving average in a Bullish Manner : TRQ-CA : July 12, 2017
finance.yahoo.com - July 13 at 10:44 AM |
| Turquoise Hill Resources Ltd (TRQ) Given a C$6.00 Price Target at Scotiabank
www.americanbankingnews.com - June 22 at 2:20 PM |
| Turquoise Hill Resources' (TRQ) "Sector Perform" Rating Reaffirmed at Royal Bank Of Canada
www.americanbankingnews.com - June 22 at 11:38 AM |
| Rio Tinto starts new exploration in Mongolia's Gobi desert
finance.yahoo.com - June 20 at 8:44 AM |
| Turquoise Hill Resources Ltd. – Value Analysis (TORONTO:TRQ) : May 30, 2017
finance.yahoo.com - May 30 at 7:55 PM |
| Turquoise Hill Resources Ltd. breached its 50 day moving average in a Bearish Manner : TRQ-CA : May 26, 2017
finance.yahoo.com - May 27 at 6:22 AM |
| Turquoise Hill Resources Ltd (TRQ) PT Set at C$6.00 by Scotiabank
www.americanbankingnews.com - May 17 at 2:08 PM |
| Edited Transcript of TRQ.TO earnings conference call or presentation 16-May-17 3:00pm GMT
finance.yahoo.com - May 17 at 12:36 PM |
| Turquoise Hill Resources +5% on Q1 earnings beat
seekingalpha.com - May 16 at 8:27 PM |
| Turquoise Hill Resources Ltd (TRQ) Reports Q1 EPS of $0.02, Beats on Revenues
www.streetinsider.com - May 15 at 7:28 PM |
| Turquoise Hill posts 1Q profit
finance.yahoo.com - May 15 at 7:28 PM |
| Turquoise Hill to announce first quarter financial results on May 15, 2017
finance.yahoo.com - May 8 at 7:49 PM |
| Turquoise Hill Resources Ltd (TRQ) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 5:52 PM |
| Turquoise Hill Resources Ltd (TRQ) Given a C$6.00 Price Target by Scotiabank Analysts
www.americanbankingnews.com - April 20 at 3:14 PM |
| Turquoise Hill Resources Ltd (TRQ) Earns "Sector Perform" Rating from Royal Bank of Canada
www.americanbankingnews.com - April 20 at 11:38 AM |
| Turquoise Hill Resources Ltd (TRQ) Now Covered by Analysts at CSFB
www.americanbankingnews.com - April 13 at 3:36 PM |
| Turquoise Hill Resources Ltd (TRQ) Earns Sector Perform Rating from Royal Bank of Canada
www.americanbankingnews.com - April 12 at 8:56 PM |
| Turquoise Hill: Outlook Solid
seekingalpha.com - April 11 at 8:06 PM |
| Turquoise Hill Resources Ltd (TRQ) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 4 at 1:55 PM |
| Turquoise Hill Resources Ltd (TRQ) Stock Rating Reaffirmed by TD Securities
www.americanbankingnews.com - March 29 at 2:13 PM |
| Turquoise Hill Resources' (TRQ) "Outperform" Rating Reiterated at Scotiabank
www.americanbankingnews.com - March 29 at 2:13 PM |
| Turquoise Hill Resources Ltd (TRQ) Tops Q4 EPS by 10c - StreetInsider.com
www.streetinsider.com - March 29 at 7:57 AM |
| Edited Transcript of TRQ.TO earnings conference call or presentation 28-Mar-17 3:00pm GMT
finance.yahoo.com - March 29 at 7:57 AM |
| Turquoise Hill Resources' (TRQ) Sector Perform Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - March 28 at 11:22 AM |
| Turquoise Hill Resources Ltd (TRQ) Tops Q4 EPS by 10c
www.streetinsider.com - March 27 at 7:31 PM |
| Q4 2016 Turquoise Hill Resources Ltd Earnings Release - After Market Close
biz.yahoo.com - March 27 at 8:37 AM |
| Turquoise Hill Resources Ltd (TRQ) Set to Announce Earnings on Monday
www.americanbankingnews.com - March 24 at 10:13 PM |
| Mongolia plans no change in Oyu Tolgoi copper stake
seekingalpha.com - March 9 at 3:09 AM |
| Turquoise Hill announces fourth quarter 2016 production
finance.yahoo.com - January 16 at 8:05 PM |
| Oyu Tolgoi resumes concentrate shipments
finance.yahoo.com - December 15 at 6:49 AM |
Turquoise Hill Resources Ltd (TRQ) Chart for Sunday, September, 24, 2017
