TRQ - Turquoise Hill Resources Ltd.

NYSE - NYSE Delayed price. Currency in USD
3.04
-0.03 (-0.98%)
At close: 4:02PM EDT

3.04 0.00 (0.16%)
After hours: 4:02PM EDT

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Previous close3.07
Open3.09
Bid2.98 x 2400
Ask3.05 x 500
Day's range2.99 - 3.09
52-week range2.44 - 3.59
Volume2,841,165
Avg. volume3,893,608
Market cap6.151B
Beta1.14
PE ratio (TTM)33.78
EPS (TTM)0.09
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est4.00
Trade prices are not sourced from all markets
  • Could Markets Have Pre-Empted Freeport’s Massive Slide?
    Market Realistyesterday

    Could Markets Have Pre-Empted Freeport’s Massive Slide?

    In the previous article, we looked at various factors that may have triggered the massive sell-off in Freeport-McMoRan (FCX) stock yesterday. Southern Copper (SCCO), another pure-play copper miner, also fell on April 24. Along with the abovementioned factors, issues in Indonesia may have made investors wary of Freeport.

  • Freeport-McMoRan’s 1Q18 Earnings: Reading between the Lines
    Market Realist2 days ago

    Freeport-McMoRan’s 1Q18 Earnings: Reading between the Lines

    Freeport-McMoRan (FCX) released its 1Q18 earnings today and reported revenues of $4.8 billion. Freeport’s 1Q18 adjusted EPS (earnings per share) from continuing operations were $0.46, versus $0.13 in the corresponding quarter last year. Despite the sharp yearly increase, Freeport’s 1Q18 earnings fell short of expectations.

  • Will US-China Frictions Reflect in Freeport’s 1Q18 Earnings?
    Market Realist8 days ago

    Will US-China Frictions Reflect in Freeport’s 1Q18 Earnings?

    In the previous part of this series, we noted that Freeport-McMoRan (FCX) expects its 1Q18 copper shipments to be similar to the sequential quarter. Meanwhile, for commodity producers Antofagasta (ANTO), Southern Copper (SCCO), and Rio Tinto (RIO)(TRQ), commodity prices have a higher impact on earnings than shipments. In this article, we’ll see how commodity prices played out in 1Q18 amid the US-China trade war and how it could impact Freeport’s financial performance.

  • Can Freeport-McMoRan Beat Wall Street Revenue Estimates in 1Q18?
    Market Realist8 days ago

    Can Freeport-McMoRan Beat Wall Street Revenue Estimates in 1Q18?

    Freeport-McMoRan (FCX) is scheduled to release its 1Q18 earnings on April 24. In this article, we’ll see what analysts are projecting for Freeport’s 1Q18 revenues. Freeport managed to beat its revenue estimates by a wide margin in the last two consecutive quarters.

  • Uncertainties Surround Freeport’s Indonesia Operations
    Market Realist14 days ago

    Uncertainties Surround Freeport’s Indonesia Operations

    Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia (EIDO) with Rio Tinto (RIO) (TRQ) as a minority partner. While the mine is a crown jewel in Freeport’s portfolio due to its vast size and attractive unit cash costs, its operations have been surrounded by uncertainties. Let’s discuss these uncertainties in perspective.

  • Analysts Weigh In on First Quantum amid Large Zambian Tax Demand
    Market Realist21 days ago

    Analysts Weigh In on First Quantum amid Large Zambian Tax Demand

    How Analysts View Copper Miners amid Sagging Commodity Prices

  • Copper Inventory Games: Not This Time Please!
    Market Realist23 days ago

    Copper Inventory Games: Not This Time Please!

    While inventory levels are a key price driver, offering insights into the underlying demand-supply balance, we’ve also seen sudden arrivals to and withdrawals from LME (London Metal Exchange) warehouses. The LME copper inventory fell from 301,000 on August 3 to 211,000 on September 8, 2017. Looking at current markets, we’ve again seen a sudden spike in the LME copper inventory.

  • What Are Freeport-McMoRan’s Long-Term Growth Drivers?
    Market Realistlast month

    What Are Freeport-McMoRan’s Long-Term Growth Drivers?

    What Could Sustain Freeport’s Rally? In the previous article, we looked at issues facing Freeport-McMoRan’s (FCX) Grasberg operations and compared the stock’s valuation to its peer companies. Notably, Grasberg is a key long-term asset for the company.

  • Marketwiredlast month

    Oyu Tolgoi achieves significant development milestone with completion of Shaft 5 sinking

    Turquoise Hill Resources today announced that Oyu Tolgoi has achieved a significant underground development milestone with the completed sinking of Shaft 5 at a final depth of 1,178 metres. During Q4'17,......

  • Freeport in Indonesia: Best-Case and Worst-Case Scenarios
    Market Realistlast month

    Freeport in Indonesia: Best-Case and Worst-Case Scenarios

    What Could Sustain Freeport’s Rally?

  • Associated Presslast month

    Turquoise Hill posts 4Q profit

    The Vancouver, British Columbia-based company said it had profit of 3 cents per share. The metal and coal mining company posted revenue of $251.7 million in the period. For the year, the company reported ...

  • Marketwiredlast month

    Turquoise Hill announces financial results and review of operations for 2017

    Turquoise Hill Resources today announced its financial results for the year ended December 31, 2017. All figures are in U.S. dollars unless otherwise stated.HIGHLIGHTSFull year 2017Oyu Tolgoi achieved ...

  • Marketwiredlast month

    Turquoise Hill Board of Directors issues letter to shareholders

    The Board of Directors of Turquoise Hill Resources Ltd. today issued a letter to shareholders regarding a recent meeting between members of Turquoise Hill's board of directors and...

  • Marketwiredlast month

    Oyu Tolgoi receives information request from Mongolian Anti-Corruption Authority

    Turquoise Hill Resources today announced that Oyu Tolgoi LLC has received an information request from the Mongolian Anti-Corruption Authority to provide financial information relating to Oyu...

  • Marketwired2 months ago

    Turquoise Hill to announce fourth quarter and full year 2017 financial results on March 15, 2018

    Turquoise Hill Resources will announce its fourth quarter and full year 2017 financial results on Thursday, March 15, 2018 after markets close in North America. The Company will host a conference call ...

  • Reuters - UK Focus2 months ago

    Mongolia's Oyu Tolgoi mine to lift force majeure

    The Oyu Tolgoi copper and gold mine in Mongolia's southern Gobi Desert will lift force majeure effective March 1 and majority owner Turquoise Hill Resources Ltd said on Wednesday that it expected to make ...

  • Marketwired2 months ago

    Oyu Tolgoi to lift force majeure

    Turquoise Hill today announced that Oyu Tolgoi will lift force majeure notice to customers effective March 1, 2018. Safe and normal mine operations, including underground development, have been maintained ...

  • What Makes Grasberg the Crown Jewel of Freeport’s Portfolio
    Market Realist2 months ago

    What Makes Grasberg the Crown Jewel of Freeport’s Portfolio

    As we noted in the previous part of this series, Freeport-McMoRan (FCX) expects its unit cash costs to fall in 2018, largely due to lower production costs at its Grasberg mine (RIO)(TRQ). Freeport expects a byproduct credit of $2.56 per pound at its Grasberg mine this year, bringing down the mine’s unit cash costs after byproduct credits to -$0.57 per pound. To put this figure in context, consider that the company’s unit cash costs after byproduct credits are expected to average $1.67 per pound in North America and $1.63 per pound in South America.

  • Reuters - UK Focus2 months ago

    Mongolia says can build power plant to supply Oyu Tolgoi mine

    Mongolia can build a power plant at its Tavan Tolgoi coal mine by 2021 to supply the Oyu Tolgoi copper project, energy officials said on Tuesday, as the government seeks to hold Rio Tinto to an agreement to use Mongolian power. Tensions have mounted between the Mongolian government and its fellow shareholders in Oyu Tolgoi, where Rio Tinto is operating a huge underground extension.

  • Marketwired2 months ago

    Oyu Tolgoi notified of Government of Mongolia's cancellation of Power Sector Cooperation Agreement

    Turquoise Hill today announced that Oyu Tolgoi has received notification the Government of Mongolia has canceled the Power Sector Cooperation Agreement , which was signed in 2014. The Government's cancellation, ...

  • After Dividend Reinstatement, What’s Freeport’s Next Priority?
    Market Realist2 months ago

    After Dividend Reinstatement, What’s Freeport’s Next Priority?

    As we noted previously, Freeport-McMoRan (FCX) has reinstated its dividend, which was suspended in 2015. In this article, we’ll see what could be Freeport’s management’s next priority after dividend reinstatement. During the 4Q17 earnings call, Richard Adkerson, Freeport’s CEO, said that that he has two personal milestones: “One is when Freeport starts paying dividends again and two is when I can take a group of analysts and shareholders back out to Grasberg to see the place.” While dividend reinstatement was more of a policy decision, Grasberg represents a more complex problem for Freeport.

  • Reuters3 months ago

    Rio Tinto denies Dutch NGO allegation it avoided Oyu Tolgoi tax

    Rio Tinto (RIO.AX) (RIO.L) on Wednesday denied allegations by a Dutch non-profit organisation that it had avoided paying $700 million of tax to Mongolian and Canadian authorities relating to its giant Oyu Tolgoi copper project. Rio Tinto is investing about a $1 billion (£706.5 million) a year at Oyu Tolgoi in the Gobi Desert, where it operates a mine and is building an underground extension that would add approximately 500,000 tonnes of production a year in the next decade. The Centre for Research on Multinational Corporations, known as SOMO, alleged in a report that Rio and its Canadian subsidiary Turquoise Hill used so-called mailbox companies in the Netherlands and Luxembourg to avoid $470 million in Canadian taxes and $230 million in Mongolian taxes.

  • Reuters - UK Focus3 months ago

    Rio Tinto denies Dutch NGO allegation it avoided Oyu Tolgoi tax

    Rio Tinto on Wednesday denied allegations by a Dutch non-profit organisation that it had avoided paying $700 million of tax to Mongolian and Canadian authorities relating to its giant Oyu Tolgoi copper project. Rio Tinto is investing about a $1 billion a year at Oyu Tolgoi in the Gobi Desert, where it operates a mine and is building an underground extension that would add approximately 500,000 tonnes of production a year in the next decade.

  • What’s the Best Outcome for Freeport in Indonesia?
    Market Realist3 months ago

    What’s the Best Outcome for Freeport in Indonesia?

    Freeport-McMoRan (FCX) operates the giant Grasberg mine in Indonesia. Rio Tinto (RIO) (TRQ) is Freeport’s minority partner in the mine (GLEN-L). The operations have been surrounded by controversies in the last few years.

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