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 shares (TRQ.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian dollars. Turquoise Hill Resources employs 3,478 staff and has a trailing 12-month revenue of around C$1.6 billion.

How to buy shares in Turquoise Hill Resources

  1. Open a brokerage account. Choose from our top broker picks or compare brokers in depth. Then, complete an application.
  2. Fund your account. Add money to your account via bank transfer, debit card or credit card.
  3. Search the platform by ticker symbol. TRQ in this case.
  4. Choose an order type. Place a market order or limit order with your preferred number of shares or dollar amount.
  5. Submit the order. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

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

Review technicals and fundamentals to help you determine if now's a good time for you to invest.

Technical analysis

View Turquoise Hill Resources's price performance, share price volatility, historical data and technicals.

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Is Turquoise Hill Resources under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Turquoise Hill Resources P/E ratio, PEG ratio and EBITDA.

Turquoise Hill Resources's current stock 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's stocks trade at around 12x recent earnings.

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. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

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 stock prices of multiple high-growth companies.

Turquoise Hill Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$693.6 million.

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

Frequently asked questions

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