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How to buy Turquoise Hill Resources (TRQ) stocks

Learn how to easily invest in Turquoise Hill Resources stocks.

Turquoise Hill Resources is a copper business based in Canada. Turquoise Hill Resources stocks (TRQ.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$19.91 – a decrease of 8.56% over the previous week. Turquoise Hill Resources employs 3,093 staff and has a trailing 12-month revenue of around C$1.9 billion.

How to buy shares in Turquoise Hill Resources

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – TRQ – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Turquoise Hill Resources stock price (TO:TRQ)

Use our graph to track the performance of TRQ stocks over time.

Turquoise Hill Resources shares at a glance

Information last updated 2022-01-18.
Latest market closeC$19.12
52-week rangeC$12.15 - C$26.45
50-day moving average C$18.40
200-day moving average C$19.59
Wall St. target priceC$18.25
PE ratio 6.341
Dividend yield N/A (0%)
Earnings per share (TTM) C$3.30

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Is it a good time to buy Turquoise Hill Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Turquoise Hill Resources price performance over time

Historical closes compared with the close of C$19.12 from 2022-01-24

1 week (2022-01-19) -9.60%
1 month (2021-12-24) -11.77%
3 months (2021-10-26) 15.53%
6 months (2021-07-26) 1.81%
1 year (2021-01-26) 38.15%
2 years (2020-01-24) 2,123.26%
3 years (2019-01-25) 769.09%
5 years (2017-01-26) 304.23%

Is Turquoise Hill Resources under- or over-valued?

Valuing Turquoise Hill Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Turquoise Hill Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Turquoise Hill Resources's P/E ratio

Turquoise Hill Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Turquoise Hill Resources shares trade at around 6x recent earnings.

Turquoise Hill Resources's PEG ratio

Turquoise Hill Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 41.12. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Turquoise Hill Resources's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Turquoise Hill Resources's EBITDA

Turquoise Hill Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$1.1 billion.

The EBITDA is a measure of a Turquoise Hill Resources's overall financial performance and is widely used to measure a its profitability.

Turquoise Hill Resources financials

Revenue TTM C$1.9 billion
Operating margin TTM 50.66%
Gross profit TTM C$408.7 million
Return on assets TTM 4.39%
Return on equity TTM 8.37%
Profit margin 28.23%
Book value C$49.43
Market capitalisation C$4.2 billion

TTM: trailing 12 months

Turquoise Hill Resources's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Turquoise Hill Resources.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Turquoise Hill Resources's total ESG risk score

Total ESG risk: 42.68

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Turquoise Hill Resources's overall score of 42.68 (as at 01/01/2019) is pretty weak – landing it in it in the 91st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Turquoise Hill Resources is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Turquoise Hill Resources's environmental score

Environmental score: 21.64/100

Turquoise Hill Resources's environmental score of 21.64 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Turquoise Hill Resources is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Turquoise Hill Resources's social score

Social score: 17.22/100

Turquoise Hill Resources's social score of 17.22 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Turquoise Hill Resources is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Turquoise Hill Resources's governance score

Governance score: 16.31/100

Turquoise Hill Resources's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Turquoise Hill Resources is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Turquoise Hill Resources's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Turquoise Hill Resources scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Turquoise Hill Resources has, for the most part, managed to keep its nose clean.

Turquoise Hill Resources share dividends

We're not expecting Turquoise Hill Resources to pay a dividend over the next 12 months.

Have Turquoise Hill Resources's shares ever split?

Turquoise Hill Resources's shares were split on a 1:10 basis on 26 October 2020. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Turquoise Hill Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Turquoise Hill Resources shares which in turn could have impacted Turquoise Hill Resources's share price.

Turquoise Hill Resources share price volatility

Over the last 12 months, Turquoise Hill Resources's shares have ranged in value from as little as C$12.15 up to C$26.45. A popular way to gauge a stock's volatility is its "beta".

TRQ.TO volatility(beta: 1.78)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Turquoise Hill Resources's is 1.7755. This would suggest that Turquoise Hill Resources's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Turquoise Hill Resources overview

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.

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