Turquoise Hill Resources Ltd. (TRQ)
| Market Cap | 2.75B |
| Revenue (ttm) | 1.51B |
| Net Income (ttm) | 622.11M |
| Shares Out | 201.23M |
| EPS (ttm) | 3.09 |
| PE Ratio | 4.31 |
| Forward PE | 13.05 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 494,508 |
| Open | 13.45 |
| Previous Close | 13.62 |
| Day's Range | 13.23 - 13.74 |
| 52-Week Range | 7.49 - 21.89 |
| Beta | 1.94 |
| Analysts | Buy |
| Price Target | 18.97 (+42.2%) |
| Est. Earnings Date | Nov 2, 2021 |
About TRQ
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It develops and operates 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. is a subsidiary of Rio Tinto plc.
Financial Performance
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for TRQ stock is "Buy." The 12-month stock price forecast is 18.97, which is an increase of 42.20% from the latest price.
News
Turquoise Hill reports 256% gold production increase at Oyu Tolgoi in third quarter
(Kitco News) - Turquoise Hill Resources announced Thursday that in Q3 2021, both copper and gold production from the open pit at the Oyu Tolgoi mine in Mongolia were higher compared to Q3 2020 due to hi...
Why Shares of Turquoise Hill Are Crashing Today
Investors see a less lustrous future for this copper producer.
Turquoise Hill announces third quarter 2021 production and provides Oyu Tolgoi mine update
MONTREAL, Oct. 14, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced third quarter 2021 production for Oyu Tolgoi LLC ("Oyu Tolgoi" or "OT") and provi...
Couloir Capital is Pleased to Announce the Initiation of Research Coverage on Turquoise Hill Resources Ltd.
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2021) - Couloir Capital is pleased to announce initiation of research coverage on Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ). The r...
Turquoise Hill Comments on Review of Oyu Tolgoi Mine Increase in Cost and Schedule Extension
MONTREAL, Aug. 9, 2021 /PRNewswire/ - Turquoise Hill Resources (the "Company") today commented on recent media reports in relation to a consulting report addressing the previously announced increase in ...
Turquoise Hill announces financial results and review of operations for the second quarter of 2021
MONTREAL, July 29, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced its financial results for the period ended June 30, 2021.
Turquoise Hill to announce the second quarter financial results on July 29, 2021
MONTREAL, July 20, 2021 /PRNewswire/ - Turquoise Hill Resources will announce its second quarter financial results on Thursday, July 29, 2021 after markets close in North America. The Company will host ...
Why Turquoise Hill Resources Shares Are Trading Lower Today
Turquoise Hill Resources Ltd (NYSE:TRQ) shares are trading lower Friday afternoon after the company announced a second-quarter 2021 product and provided an update on the Oyu Tolgoi mine. Macquarie analy...
Why Turquoise Hill Resources Stock Is Tumbling Today
The copper producer is facing some headwinds.
Turquoise Hill says COVID-19 restrictions adversely impacted Oyu Tolgoi operations in Q2
(Kitco News) - The company said that in Q2 2021, open pit mining activities were impacted by personnel shortages due to COVID-19 restrictions.
Why Turquoise Hill Resources Stock Fell 19% Today
The copper, gold, and silver miner had a great first quarter, but all the news in its earnings update wasn't good.
Turquoise Hill Announces Results of Voting for Directors
MONTREAL, May 12, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. (TSX:TRQ) (NYSE:TRQ) ("Turquoise Hill" or the "Company") today announced that the nominees set forth in its management proxy circular ...
Turquoise Hill announces financial results and review of operations for the first quarter of 2021
MONTREAL, May 12, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced its financial results for the period ended March 31, 2021.
The New Bitcoin? Why You Should Watch Copper Stocks Like SCCO, TRQ and FCX Today
Copper stocks like FCX stock are getting a boost as a supply-demand imbalance drives copper prices to record-high levels. The post The New Bitcoin?
Copper Price Prediction: Where Does the Metal Go Next After All-Time Highs?
The price of copper hit a new all-time high recently and it could continue to soar even higher based on recent predictions. The post Copper Price Prediction: Where Does the Metal Go Next After All-Time ...
Copper Price Forecast 2024: Why One Analyst Thinks We Could Hit $20K+
The price of copper could see a massive increase to $20,0000 per ton by the time 2024 rolls around if one forecast is to be believed. The post Copper Price Forecast 2024: Why One Analyst Thinks We Could...
Turquoise Hill to announce first quarter financial results on May 12, 2021
MONTREAL, May 4, 2021 /PRNewswire/ - Turquoise Hill Resources will announce its first quarter financial results on Wednesday, May 12, 2021 after markets close in North America. The Company will host a c...
Turquoise Hill Provides Update on Oyu Tolgoi LLC International Tax Arbitration
MONTREAL, May 3, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced that the Government of Mongolia ("GOM") filed its statement of defence together wit...
7 Copper Stocks Set To Benefit From a Huge $15K Target
Copper stocks could have years of growth ahead thanks to demand from new technologies. And in that scenario, these seven should lead the way.
Turquoise Hill announces first quarter 2021 production and Oyu Tolgoi mine update
MONTREAL, April 19, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced first quarter 2021 production for Oyu Tolgoi LLC ("Oyu Tolgoi") and provided an ...
3 Capital-Intensive Stocks to Consider
When screening the market for value opportunities amid capital-intensive businesses, investors may want to look at stocks whose price-to-tangible-book-value ratios are more compelling than their peers.
Rio Tinto reaches agreement with Turquoise Hill Resources on financing plan for Oyu Tolgoi
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the “Funding Plan”) for the completi...
Turquoise Hill Resources and Rio Tinto Reach Binding Agreement on Funding Plan for Oyu Tolgoi
MONTREAL, April 9, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") and Rio Tinto today announced that they have entered into a binding Heads of Agreement (HoA) to p...
Turquoise Hill announces financial results and review of operations for 2020
MONTREAL, March 8, 2021 /PRNewswire/ - Turquoise Hill Resources today announced its financial results for the year ended December 31, 2020. All figures are in U.S. dollars unless otherwise stated. "2020...
Pentwater Condemns Rio Tinto's Unethical Termination of Turquoise Hill CEO
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), ...