Turquoise Hill Resources (TRQ) Shares Gap Up to $2.78
Turquoise Hill Resources Ltd (NYSE:TRQ) (TSE:TRQ)’s share price gapped up prior to trading on Monday . The stock had previously closed at $2.75, but opened at $2.78. Turquoise Hill Resources shares last traded at $2.78, with a volume of 3476412 shares.
Separately, Scotiabank reissued a “buy” rating and issued a $5.50 price target on shares of Turquoise Hill Resources in a report on Monday, November 6th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $4.75.
The stock has a market capitalization of $5,540.00, a price-to-earnings ratio of 25.27 and a beta of 0.17. The company has a debt-to-equity ratio of 0.52, a current ratio of 6.85 and a quick ratio of 6.38.
ILLEGAL ACTIVITY WARNING: “Turquoise Hill Resources (TRQ) Shares Gap Up to $2.78” was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this piece on another site, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://theolympiareport.com/2018/02/12/turquoise-hill-resources-trq-shares-gap-up-to-2-78.html.
About Turquoise Hill Resources
Turquoise Hill Resources Ltd. is an international mining company. The Company focuses on the operation and further development of the Oyu Tolgoi copper-gold mine in Southern Mongolia, which is the Company’s principal material mineral resource property. The Company’s Oyu Tolgoi mine is held through approximately 65% interest in Oyu Tolgoi LLC (Oyu Tolgoi) and the remaining approximately 35% interest is held by Erdenes Oyu Tolgoi LLC (Erdenes).
Receive News & Ratings for Turquoise Hill Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turquoise Hill Resources and related companies with MarketBeat.com's FREE daily email newsletter.