How to buy Turquoise Hill Resources (TRQ) stocks

Turquoise Hill Resources is a copper business based in Canada. Turquoise Hill Resources shares (TRQ) 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.

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Turquoise Hill Resources stock price (Toronto Stock Exchange (TSX): TRQ)

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Turquoise Hill Resources stocks at a glance

• Key figures

Information last updated 2023-08-26.

52-week range	C$0.00 - C$0.00
50-day moving average more info button	C$41.34
200-day moving average more info button	C$37.15
Wall St. target price	C$39.96
PE ratio more info button	11.9086
Dividend yield more info button	C$0 (0%)
Earnings per share (TTM) more info button	C$3.61

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.

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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.

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 stocks offer better value, while a higher ratio can be interpreted as meaning the stocks 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 stock 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$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	C$1.6 billion
Operating margin TTM	31.26%
Gross profit TTM	C$1.3 billion
Return on assets TTM	2.25%
Return on equity TTM	7.46%
Profit margin	32.4%
Book value	C$45.51
Market Capitalization more info button	C$8.7 billion
EBITDA more info button	C$693.6 million

TTM: trailing 12 months

Turquoise Hill Resources stock dividends

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

Have Turquoise Hill Resources's stocks ever split?

Turquoise Hill Resources's stocks 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 stocks – just the quantity. However, indirectly, the new 900% higher stock price could have impacted the market appetite for Turquoise Hill Resources stocks, which in turn could have impacted Turquoise Hill Resources's stock price.

Turquoise Hill Resources stock price volatility

Over the last 12 months, Turquoise Hill Resources's stocks have ranged in value from as little as C$0 up to C$0. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Turquoise Hill Resources's is 1.5511. This would suggest that Turquoise Hill Resources's stocks 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.

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Frequently asked questions

What percentage of Turquoise Hill Resources is owned by insiders or institutions?
Currently 52.062% of Turquoise Hill Resources stocks are held by insiders and 38.386% 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: 900435207

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