Turquoise Hill Resources (TSE:TRQ) (NYSE:TRQ) will be releasing its earnings data after the market closes on Thursday, March 15th.
Shares of Turquoise Hill Resources (TRQ) opened at C$4.25 on Tuesday. Turquoise Hill Resources has a twelve month low of C$3.25 and a twelve month high of C$4.52. The stock has a market capitalization of $8,380.00, a PE ratio of 29.93 and a beta of -0.30.
Several research firms recently issued reports on TRQ. Scotiabank lowered their price objective on Turquoise Hill Resources from C$5.75 to C$5.00 and set an “outperform” rating on the stock in a report on Tuesday, February 20th. CIBC raised their target price on shares of Turquoise Hill Resources from C$5.00 to C$6.00 in a research note on Monday, January 22nd. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of C$5.65.
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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).
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