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How to buy Turquoise Hill Resources stock (TRQ)

Buy Turquoise Hill Resources stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Turquoise Hill Resources is an industrial metals & minerals business based in the US. Turquoise Hill Resources shares (TRQ) are listed on the NYSE and all prices are listed in US Dollars. Turquoise Hill Resources employs 3,478 staff and has a trailing 12-month revenue of around $1.6 billion.

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Turquoise Hill Resources stock price (NYSE: TRQ)

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

Turquoise Hill Resources shares at a glance

Information last updated 2023-02-12.
Latest market close$0.00
52-week range$0.00 - $0.00
50-day moving average $30.41
200-day moving average $28.52
Wall St. target price$29.29
PE ratio 11.8977
Dividend yield $0 (0%)
Earnings per share (TTM) $2.64

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.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Turquoise Hill Resources price performance over time

Historical closes compared with the close of $0 from 2023-01-13

1 week (2024-07-13) nan%
1 month (2024-06-20) nan%
3 months (2024-04-20) nan%
6 months (2024-01-20) nan%
1 year (2023-07-20) nan%
2 years (2022-07-21) -100.00%
3 years (2021-07-23) 14.55
5 years (2019-07-24) 5.919

Is Turquoise Hill Resources stock undervalued or overvalued?

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 12x. In other words, Turquoise Hill Resources shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

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 23.5. 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 $693.6 million.

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 $1.6 billion
Operating margin TTM 31.26%
Gross profit TTM $1.3 billion
Return on assets TTM 2.25%
Return on equity TTM 7.46%
Profit margin 32.4%
Book value $45.51
Market Capitalization $6.4 billion

TTM: trailing 12 months

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 25 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 $0 up to $0. A popular way to gauge a stock's volatility is its "beta".

TRQ.US volatility(beta: 1.55)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Turquoise Hill Resources's is 1.5511. 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 primarily explores for copper, gold, and silver deposits. It engages in the operation and development of 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.

Frequently asked questions

What percentage of Turquoise Hill Resources is owned by institutions?
Currently 38.386% of Turquoise Hill Resources shares are held by institutions.
How many people work for Turquoise Hill Resources?
Latest data suggests 3,478 work at Turquoise Hill Resources.
When does the fiscal year end for Turquoise Hill Resources?
Turquoise Hill Resources's fiscal year ends in December.
Where is Turquoise Hill Resources based?
Turquoise Hill Resources's address is: 1 Place Ville-Marie, Montreal, QC, Canada, H3B 3P2
What is Turquoise Hill Resources's ISIN number?
Turquoise Hill Resources's international securities identification number is: CA9004352071
What is Turquoise Hill Resources's CUSIP number?
Turquoise Hill Resources's Committee on Uniform Securities Identification Procedures number is: 900435108

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