HOW MANY TURQUOISE HILL RESOURCES LTD (TSE:TRQ)’S ANALYSTS ARE BULLISH?
Out of 2 analysts covering Turquoise Hill Resources (TSE:TRQ), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Turquoise Hill Resources has been the topic of 2 analyst reports since November 9, 2015 according to StockzIntelligence Inc. Below is a list of Turquoise Hill Resources Ltd (TSE:TRQ) latest ratings and price target changes.
11/12/2015 Broker: TD Securities Old Rating: Hold New Rating: Buy Upgrade
09/11/2015 Broker: Scotia Capital Rating: Sector Perform Old Target: $5.00 New Target: $5.50 Target Up
The stock increased 5.34% or $0.19 on April 29, hitting $3.75. About 1.41 million shares traded hands or 58.21% up from the average. Turquoise Hill Resources Ltd (TSE:TRQ) has risen 5.63% since September 24, 2015 and is uptrending. It has underperformed by 1.25% the S&P500.
Turquoise Hill Resources Ltd. is an international mining firm focused on mining activities in Mongolia. The company has a market cap of $7.52 billion. The Company’s principal and only material mineral resource property is the Oyu Tolgoi copper-gold mine in southern Mongolia. It has a 19.33 P/E ratio. The Oyu Tolgoi Mine is approximately 550 kilometers south of Ulaanbaatar, Mongolia’s capital city, and 80 kilometers north of the Mongolia-China border.