TSE:TRQTurquoise Hill Resources Stock Price, Forecast & News

C$1.04

+0.03 (+2.97 %)

(As of 06/2/2020 10:20 AM ET)

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Today's Range

C$1.02

Now: C$1.04▼

C$1.04

50-Day Range

C$0.64

MA: C$0.76▼

C$1.03

52-Week Range

C$0.43

Now: C$1.04▼

C$1.78

Volume42,621 shs

Average Volume745,150 shs

Market CapitalizationC$2.09 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, silver, and molybdenum deposits. It primarily develops and operates the Oyu Tolgoi mine located in the 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 founded in 1994 and is headquartered in Vancouver, Canada.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
Turquoise Hill Resources has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.63, Turquoise Hill Resources has a potential upside of 56.6% from its current price of C$1.04.
Amount of Analyst Coverage
Turquoise Hill Resources has received no research coverage in the past 90 days.

2.2 Community Rank

Outperform Votes
Turquoise Hill Resources has received 267 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Turquoise Hill Resources has received 344 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Turquoise Hill Resources has received 56.30% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Turquoise Hill Resources and other stocks. Vote “Outperform” if you believe TRQ will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TRQ will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Turquoise Hill Resources does not currently pay a dividend.
Dividend Growth
Turquoise Hill Resources does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Turquoise Hill Resources insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Turquoise Hill Resources are expected to decrease by -100.00% in the coming year, from C$0.13 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Turquoise Hill Resources is -10.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Turquoise Hill Resources is -10.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Turquoise Hill Resources has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Turquoise Hill Resources has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.20 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Copper

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:TRQ

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.turquoisehill.com

Phone+1-604-6885755

Debt

Debt-to-Equity Ratio53.03

Current Ratio3.72

Quick Ratio2.83

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio8.00

P/E Growth1.68

Sales & Book Value

Annual SalesC$943.99 million

Price / Sales2.22

Cash FlowC$0.90 per share

Price / Cash Flow1.16

Book ValueC$4.58 per share

Price / Book0.23

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees2,615

Outstanding Shares2,012,314,000

Market CapC$2.09 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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Turquoise Hill Resources (TSE:TRQ) Frequently Asked Questions

How has Turquoise Hill Resources' stock been impacted by COVID-19 (Coronavirus)?

Turquoise Hill Resources' stock was trading at C$0.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TRQ shares have increased by 65.1% and is now trading at C$1.04. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Turquoise Hill Resources?

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.

When is Turquoise Hill Resources' next earnings date?

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.

How were Turquoise Hill Resources' earnings last quarter?

Turquoise Hill Resources Ltd (TSE:TRQ) issued its quarterly earnings results on Friday, March, 20th. The company reported $0.08 earnings per share for the quarter. The company had revenue of $292.18 million for the quarter. View Turquoise Hill Resources' earnings history.

What price target have analysts set for TRQ?

3 analysts have issued 1 year price targets for Turquoise Hill Resources' shares. Their forecasts range from C$0.85 to C$2.75. On average, they expect Turquoise Hill Resources' share price to reach C$1.63 in the next twelve months. This suggests a possible upside of 56.6% from the stock's current price. View analysts' price targets for Turquoise Hill Resources.

Has Turquoise Hill Resources been receiving favorable news coverage?

News coverage about TRQ stock has trended very positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Turquoise Hill Resources earned a coverage optimism score of 3.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutTurquoise Hill Resources.

Who are some of Turquoise Hill Resources' key competitors?

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

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), 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).

Who are Turquoise Hill Resources' key executives?

Turquoise Hill Resources' management team includes the following people:

Mr. Ulf Quellmann, CEO & Director (Age 53)
Mr. Luke Colton, Chief Financial Officer
Mr. Brendan Lane, VP of Operations & Devel.
Ed Jack, Head of Investor Relations
Mr. Dustin Sean Isaacs, VP, Gen. Counsel & Corp. Sec.

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 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' stock price today?

One share of TRQ stock can currently be purchased for approximately C$1.04.

How big of a company is Turquoise Hill Resources?

Turquoise Hill Resources has a market capitalization of C$2.09 billion and generates C$943.99 million in revenue each year. Turquoise Hill Resources employs 2,615 workers across the globe.

What is Turquoise Hill Resources' official website?

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

How can I contact Turquoise Hill Resources?

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.

This page was last updated on 6/2/2020 by MarketBeat.com Staff