Turquoise Hill Resources Ltd. (NYSE:TRQ) currently has Insider Ownership of 49.5%
Turquoise Hill Resources Ltd. (NYSE:TRQ) traded with the volume of 2.14 Million Yesterday. The Stock Opened its session at $2.99 and closed at 3.04 by showing an increase of 2.36 percent. Turquoise Hill Resources Ltd. has 1 year price target of 4. The stock gained a consensus recommendation of 3 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 03 AMC. The company reported its last quarter on Jun 16.
The 7 analysts offering 12-month price forecasts for Turquoise Hill Resources Ltd have a median target of 3.80, with a high estimate of 4.20 and a low estimate of 3.12. The median estimate represents a +25.15% increase from the last price of 3.04. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Turquoise Hill Resources Ltd. where they believe that the company has the potential to earn average revenue of $225.82 Million for the current quarter. According to their predictions High & Low revenue estimates are 264.65 Million and 208 Million respectively.
Turquoise Hill Resources Ltd. (NYSE:TRQ) topped its 52-week high price of $3.67 on Jul 15, 2016 and 52-Week Low Price of $1.55 on Jan 20, 2016. The Stock currently has the market capitalization of $5.98 Million, P/E (price to earnings ttm) of 16.43 and Weekly volatility of 2.81%% and monthly volatility of 2.65%% respectively.
Turquoise Hill Resources Ltd. Gross Margin percentage stands at 39.2% while its Operating Margin for trailing twelve month is 9.5 percent and Profit margin (ttm) is 22.1 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 0.09% with the 50-Day Simple Moving Average of 0.09 percent. Currently, the company has SMA200 (200-day simple moving average) of 8.17 Percent. The Stock has YTD (year to date) performance of 19.69 percent.
Many research firms have provided their ratings on Turquoise Hill Resources Ltd. (NYSE:TRQ) where RBC Capital Mkts provided Sector Performrating on the stock on 18-Jul-16. Other firms include Macquarie giving Outperform rating on 9-Nov-15.
Turquoise Hill Resources Ltd. is a mining company focused on copper, gold and coal mines in the Asia Pacific region. The company holds interest in Oyu Tolgoi, a copper-gold project located in the south Gobi region of Mongolia. It also holds interests in companies that mine coal in Mongolia, molybdenum and rhenium in Australia, and gold at the Kyzyl Gold Project in Kazakhstan. Turquoise Hill Resources Ltd., formerly known as Ivanhoe Mines Ltd., is based in Vancouver, Canada.
By Rhett Lawson