Turquoise Hill Resources Ltd. (TRQ)
| Market Cap | 4.69B |
| Revenue (ttm) | 1.93B |
| Net Income (ttm) | 549.17M |
| Shares Out | 201.40M |
| EPS (ttm) | 2.76 |
| PE Ratio | 8.44 |
| Forward PE | 20.28 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,723,836 |
| Open | 21.66 |
| Previous Close | 26.25 |
| Day's Range | 21.63 - 23.86 |
| 52-Week Range | 9.75 - 31.05 |
| Beta | 1.70 |
| Analysts | Buy |
| Price Target | 32.84 (+40.9%) |
| Earnings Date | Aug 4, 2022 |
About TRQ
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of the Oyu Tolgoi copper-gold mine located in 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 incorporated in 1994 and is headquartered in Montreal, Canada. Turquoise Hill Resources Ltd. operates as a subsidiary of ... [Read more...]
Financial Performance
In 2021, TRQ's revenue was $1.97 billion, an increase of 82.81% compared to the previous year's $1.08 billion. Earnings were $524.89 million, an increase of 29.19%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for TRQ stock is "Buy." The 12-month stock price forecast is 32.84, which is an increase of 40.94% from the latest price.
News
Why Is Turquoise Hill Resources (TRQ) Stock Down Today?
Source: T. Schneider / Shutterstock Turquoise Hill Resources (NYSE: TRQ ) stock is is falling on Monday after the company rejected a takeover offer from Rio Tinto . In a press release from the company, ...
Rio Tinto reiterates compelling value of proposal to acquire full ownership of Turquoise Hill
LONDON--(BUSINESS WIRE)--Rio Tinto notes the Turquoise Hill announcement today indicating that the Turquoise Hill Special Committee has terminated its review of Rio Tinto's non-binding proposal to acqui...
Turquoise Hill rejects Rio Tinto's $2.7 billion buyout offer
LONDON (Reuters) -Turquoise Hill Resources Ltd on Monday rejected an offer by majority shareholder Rio Tinto Ltd to buy the 49% stake it doesn't already own for $2.7 billion, as it did not reflect the C...
Turquoise Hill Special Committee Finds Rio Tinto's Privatization Proposal Does Not Reflect Full & Fair Value of the C...
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Special Committee Finds Rio Tinto's Privatization Proposal Does Not Reflect Full & Fair Value of the Company
Turquoise Hill announces financial results and review of operations for the second quarter of 2022
MONTREAL--(BUSINESS WIRE)--Turquoise Hill announces financial results and review of operations for the second quarter of 2022
Turquoise Hill to Announce Second Quarter Financial Results on August 4, 2022
MONTREAL--(BUSINESS WIRE)--Turquoise Hill to announce second quarter financial results on August 4, 2022
Turquoise Hill says copper and gold production down at Oyu Tolgoi in second quarter
(Kitco News) - On Thursday, Turquoise Hill Resources (TSX: TRQ) announced Q2 2022 copper production of 30.6 thousand tonnes, a decrease of 17% vs Q2 2021, at the Oyu Tolgoi mine in Mongolia.
Turquoise Hill Announces Second Quarter 2022 Production and Oyu Tolgoi Mine and Corporate Update
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces Second Quarter 2022 Production and Oyu Tolgoi Mine and Corporate Update
Turquoise Hill Announces First Drawbell Firing
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces First Drawbell Firing.
Turquoise Hill Acknowledges Receipt of Notice of Arbitration from Entrée Resources Ltd.
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Acknowledges Receipt of Notice of Arbitration from Entrée Resources Ltd.
Rio Tinto agrees revisions to funding arrangements with Turquoise Hill Resources
LONDON--(BUSINESS WIRE)--Rio Tinto has agreed to amend the previously agreed funding plan with Turquoise Hill Resources (TRQ) (9 April, 2021) in order to provide liquidity of up to $400 million in short...
Turquoise Hill Announces Amendment to Comprehensive Financing Arrangement with Rio Tinto
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces Amendment to Comprehensive Financing Arrangement with Rio Tinto
Turquoise Hill Announces Results of Voting for Directors
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Announces Results of Voting for Directors on May 11, 2022
Turquoise Hill Announces Financial Results and Review of Operations for the First Quarter Of 2022
MONTREAL--(BUSINESS WIRE)--Turquoise Hill announces financial results and review of operations for the first quarter of 2022
Turquoise Hill to Announce First Quarter Financial Results on May 10, 2022
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Resources Ltd. will announce its first quarter financial results on Tuesday, May 10, 2022 after markets close in North America.
Turquoise Hill reports copper and gold production decline at Oyu Tolgoi in Q1 due to lower head grades
(Kitco News) - Turquoise Hill said today that as planned, Q1 2022 copper and gold production at Oyu Tolgoi mine in Mongolia was lower year-over-year due to lower copper and gold head grade.
3 Copper Stocks to Buy for April 2022
These copper stocks will enable investors to ride sector tailwinds. The post 3 Copper Stocks to Buy for April 2022 appeared first on InvestorPlace.
Turquoise Hill Announces First Quarter 2022 Production and Oyu Tolgoi Mine and Corporate Update
MONTREAL--(BUSINESS WIRE)--Turquoise Hill Resources Ltd. today announced first quarter 2022 production and provided an Oyu Tolgoi LLC mine and corporate update.
Turquoise Hill Special Committee Provides Process Update
MONTREAL , April 7, 2022 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today provided an update on its review of the unsolicited non-binding proposal from Rio Tinto In...
Pentwater Delivers Open Letter to Turquoise Hill's Independent Directors
NAPLES, Fla.--(BUSINESS WIRE)--Pentwater Capital Management LP ("Pentwater"), the largest minority shareholder of Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") (TSX:TRQ) (NYSE:TRQ), ...
An Open Letter from SailingStone Capital Partners to Turquoise Hill's Independent Directors
HOUSTON--(BUSINESS WIRE)--SailingStone Capital Partners has delivered an open letter to the Turquoise Hill Independent Directors.
Why Turquoise Hill Stock Soared Today
A big buyout offer is on the table.
Rio Tinto (RIO) Offers to Get Remaining Stake in Turquoise Hill
Rio Tinto (RIO) has made an offer to acquire the remaining 51% stake in Turquoise Hill. If this deal comes through, Rio will hold 66% in the Oyu Tolgoi mine.
Turquoise Hill Resources Is Still Cheap
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