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) 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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How to buy Turquoise Hill Resources stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – TRQ. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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

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

Turquoise Hill Resources stocks at a glance

Information last updated 2023-08-26.
52-week rangeC$0.00 - C$0.00
50-day moving average C$41.34
200-day moving average C$37.15
Wall St. target priceC$39.96
PE ratio 11.9086
Dividend yield C$0 (0%)
Earnings per share (TTM) 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.

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 C$8.7 billion
EBITDA 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."

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

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.

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
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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