|Bid||0.5470 x 1200|
|Ask||0.5501 x 1000|
|Day's Range||0.5456 - 0.5619|
|52 Week Range||0.4000 - 2.1300|
|Beta (5Y Monthly)||1.71|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
Turquoise Hill Resources today announced that Oyu Tolgoi LLC (Oyu Tolgoi) has been unable to reach a resolution of its previously-announced dispute with the Mongolian Tax Authority (MTA) with respect to the MTA's tax assessment, and will be proceeding with the initiation of a formal international arbitration proceeding in accordance with the dispute resolution provisions within Chapter 14 of the Oyu Tolgoi Investment Agreement (Investment Agreement) entered into with the Government of Mongolia in 2009 and Chapter 8 of the Oyu Tolgoi Underground Mine Development and Financing Plan entered into with the Government of Mongolia in 2015. The dispute resolution provisions call for an UNCITRAL arbitration seated in London before a panel of three arbitrators.
MONTREAL , Feb. 17, 2020 /CNW/ - Turquoise Hill Resources today announced the submission of the Feasibility Study for the Tavan Tolgoi Power Plant (TTPP) Project to the Government of Mongolia by Oyu Tolgoi LLC. Oyu Tolgoi LLC is obliged under the 2009 Oyu Tolgoi Investment Agreement (Investment Agreement) to secure a long-term domestic source of power for the Oyu Tolgoi mine.
Turquoise Hill Resources Ltd. (the "Company") announced today that it will be seeking shareholder approval to implement a consolidation of its outstanding common shares. Reasons for and details of the share consolidation will be included in the Company's Management Proxy Circular, which will be mailed to the Company's shareholders in advance of the Company's 2020 Annual Meeting of Shareholders.
Turquoise Hill today announced fourth quarter 2019 production for Oyu Tolgoi as well as operational and financial guidance for 2020.
If you're interested in Turquoise Hill Resources Ltd. (TSE:TRQ), then you might want to consider its beta (a measure...
MONTREAL , Dec. 11, 2019 /CNW/ - In March 2018 , the Speaker of the Mongolian Parliament appointed a Parliamentary Working Group to review the implementation of the Investment Agreement signed on October 6, 2009 . The mandate was subsequently expanded to include the Amended & Restated Shareholder Agreement signed June 8, 2011 , and the Oyu Tolgoi Underground Mine Development and Financing Plan, signed on May 18, 2015 . Upon completion of the PWG review and its report, a Resolution was submitted to the Economic Standing Committee, and subsequently passed in a plenary session of the Parliament of Mongolia on November 21 st.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Rio Tinto faces renegotiating the terms of an agreement underpinning its Mongolian copper mine project, after lawmakers on Thursday approved plans to revise the deal to make it more beneficial for Mongolia. The Oyu Tolgoi mine, Mongolia's biggest foreign investment project, has already been subject to delays and ballooning costs, leaving Mongolian lawmakers impatient for income, while Rio Tinto says it has invested billions.
MONTREAL , Nov. 19, 2019 /CNW/ - Turquoise Hill Resources (TRQ) today notes Administrative Court proceedings in Mongolia with regard to a lawsuit initiated by the Darkhan Mongol Nogoon Negdel Non-Governmental Organization (NGO) relating to the Government of Mongolia's process in finalising the Oyu Tolgoi Underground Mine Development and Financing Plan (UDP). Early reports suggest the Administrative Court of first instance has upheld claims by the NGO that due process was not followed by the Government of Mongolia in finalising the UDP, although the Court's formal written ruling is expected to be released only in the coming weeks. Adherence to the principles of the Investment Agreement, ARSHA and the Underground Plan has allowed for the development of the Oyu Tolgoi mine in a manner that has given rise to significant long-term benefits to the people of Mongolia .
Turquoise Hill announces financial results and review of operations for the third quarter of 2019
VANCOUVER, Nov. 4, 2019 /PRNewswire/ - Turquoise Hill Resources is pleased to announce that Shaft 2 construction is complete and has entered into the final stages of commissioning. This is a critical piece of infrastructure that will accelerate the underground development of the world class Oyu Tolgoi mine. The 48 tonne capacity cage can now be used to support logistics, transporting supplies and components for development of the mine.
Every investor on earth makes bad calls sometimes. But you have a problem if you face massive losses more than once in...
Turquoise Hill Resources will announce its third quarter financial results on Tuesday, November 12, 2019 after markets close in North America
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
VANCOUVER , Oct. 15, 2019 /PRNewswire/ - Turquoise Hill today announced third quarter 2019 production for Oyu Tolgoi and provided an update on underground development. Highlights: Q3's solid operational ...