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 4 hold ratings 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.
View analyst ratings for Turquoise Hill Resources or view top-rated stocks.

Wall Street analysts have given Turquoise Hill Resources a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Turquoise Hill Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Turquoise Hill Resources is scheduled to release its next quarterly earnings announcement on Friday, November 12th 2021.
View our earnings forecast for Turquoise Hill Resources.

Turquoise Hill Resources Ltd. (TSE:TRQ) posted its quarterly earnings data on Wednesday, May, 12th. The company reported $1.49 earnings per share (EPS) for the quarter. The business earned $666.81 million during the quarter.
View Turquoise Hill Resources' earnings history.

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. Since then, TRQ shares have increased by 3,204.8% and is now trading at C$20.82.
View which stocks have been most impacted by COVID-19.

4 analysts have issued 12-month target prices for Turquoise Hill Resources' shares. Their forecasts range from C$1.20 to C$2.00. On average, they expect Turquoise Hill Resources' stock price to reach C$1.60 in the next twelve months. This suggests that the stock has a possible downside of 92.3%.
View analysts' price targets for Turquoise Hill Resources or view top-rated stocks among Wall Street analysts.

Some companies that are related to Turquoise Hill Resources include Katanga Mining Limited (KAT.TO) (KAT), Lundin Mining (LUN), Aurubis (NDA), Hudbay Minerals (HBM), Capstone Mining (CS), Ero Copper (ERO), Nevsun Resources (NSU), Nevsun Resources (NSU), Copper Mountain Mining (CMMC), Atalaya Mining (AYM), Imperial Metals (III), Atalaya Mining (ATYM), Western Copper and Gold (WRN), Nevada Copper (NCU) and Amerigo Resources (ARG).
View all of TRQ's competitors.

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).

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.
Compare Top Brokerages Here.

One share of TRQ stock can currently be purchased for approximately C$20.82.

Turquoise Hill Resources has a market capitalization of C$4.19 billion and generates C$1.47 billion in revenue each year.

Turquoise Hill Resources employs 3,093 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.