|Bid||17.08 x 800|
|Ask||17.09 x 800|
|Day's Range||16.92 - 17.53|
|52 Week Range||4.20 - 18.20|
|Beta (5Y Monthly)||2.00|
|PE Ratio (TTM)||8.41|
|Earnings Date||Mar 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
While it may not make headlines in the same way oil, gas, and renewable energy do, helium is one of the most important commodities on earth and we could soon be facing a major shortage
Turquoise Hill Resources Ltd said on Tuesday the Oyu Tolgoi mine in Mongolia had partially resumed shipments to China, after the Canadian miner declared force majeure on some Chinese contracts last month due to COVID-19-led curbs. The company is evaluating multiple contingencies, including an alternative shipping route via Mongolia's capital city of Ulaanbaatar, to deal with the force majeure, which refers to unexpected external factors that prevent a party from meeting contract obligations. Turquoise Hill's force majeure was related to coronavirus-related restrictions at the Chinese-Mongolian border crossing.
Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced first quarter 2021 production for Oyu Tolgoi LLC ("Oyu Tolgoi") and provided an update on the Oyu Tolgoi mine.