|Bid||1.5800 x 0|
|Ask||1.6000 x 0|
|Day's Range||1.5500 - 1.6400|
|52 Week Range||1.5500 - 3.9000|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||7.33|
|Earnings Date||May 4, 2017 - May 8, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.24|
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 6 cents. The metal and coal mining company posted revenue of $352.7 million in the period. In the final minutes ...
Turquoise Hill announces financial results and review of operations for the first quarter of 2019
Please replace the release dated May 14, 2019 with the following corrected version due to multiple revisions.
The largest minority shareholder in Rio Tinto-controlled Turquoise Hill Resources has called on the company to address the corporate governance concerns that have weighed on its share price. Toronto-listed Turquoise Hill owns a 66 per cent stake in the giant Oyu Tolgoi copper mine in Mongolia. Rio in turn has a controlling 50.1 per cent stake in Turquoise Hill and also runs the mine.
A large proportion of the minority shareholders in Rio Tinto Plc-controlled Turquoise Hill Resources voted against the re-election of the company's independent directors on Tuesday. While all seven directors were re-elected to the board, according to a Turquoise Hill filing, over 40% of Turquoise Hill's minority shareholders, including its second-biggest investor, Sailingstone Capital Partners, voted against the four independent directors.
VANCOUVER , May 14, 2019 /PRNewswire/ - Turquoise Hill Resources today announced that the nominees set forth in its management proxy circular dated March 13, 2019 were elected as directors of Turquoise ...
Turquoise Hill Resources, the Rio Tinto-controlled vehicle that operates a huge copper mine in Mongolia’s Gobi Desert, has suffered a shareholder revolt at its annual meeting. Turquoise Hill owns 66 per cent of the Oyu Tolgoi copper mine, with the remainder owned by the Mongolian government. Rio Tinto in turn owns 50.1 per cent of the Canadian-listed company and operates the mine, which is one of its most important growth projects.
VANCOUVER , May 7, 2019 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill") (TRQ: TSX, NYSE, NASDAQ) today provided an update on a Mongolian Parliamentary Working Group Report (the "PWG Report") regarding certain contractual agreements with the Government of Mongolia that underpin Turquoise Hill's investment in the Oyu Tolgoi copper-gold mine. On May 3, 2019 , a summary of the PWG Report was received by our 66%-owned Mongolian subsidiary, Oyu Tolgoi LLC, which in turn owns the Oyu Tolgoi mine. Yesterday, Oyu Tolgoi LLC provided the Economic Standing Committee ("ESC") with a written response to the summary of the PWG Report.
Turquoise Hill Resources Ltd NYSE:TRQView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for TRQ with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting TRQ. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $543 million over the last one-month into ETFs that hold TRQ are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Basic Materialsis falling. The rate of decline is significant relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
VANCOUVER , May 1, 2019 /PRNewswire/ - Turquoise Hill Resources will announce its first quarter financial results on Wednesday, May 15, 2019 after markets close in North America . The Company will host ...
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VANCOUVER , April 25, 2019 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill") (TRQ) today responded to a recent open letter to shareholders from SailingStone Capital Partners LLC ("SailingStone"). "The Board greatly values the views of our shareholders and the input that we receive from them," said Peter Gillin , the independent Chair of Turquoise Hill's Board of Directors.
Is Turquoise Hill Resources Ltd (NYSE:TRQ) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a […]
VANCOUVER, April 15, 2019 /PRNewswire/ - Turquoise Hill Resources (TRQ) today announced first quarter 2019 production for Oyu Tolgoi and provided an update on underground development. Ulf Quellmann, Chief Executive Officer of Turquoise Hill, said, "The Oyu Tolgoi open pit delivered another strong operational performance in the first quarter of 2019. Copper and gold grades are expected to decline over the remainder of the year as we process a higher proportion of Phase 6 ore, but we are well positioned to meet our 2019 copper and gold production guidance.
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