Turquoise Hill Resources (TRQ) versus Polymet Mining Corp (PLM) Financial Analysis
Turquoise Hill Resources (NYSE: TRQ) and Polymet Mining Corp (NYSE:PLM) are both basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, valuation and profitability.
Earnings and Valuation
This table compares Turquoise Hill Resources and Polymet Mining Corp’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Turquoise Hill Resources||$892.02 million||6.99||$159.41 million||$0.06||51.68|
|Polymet Mining Corp||N/A||N/A||-$5.63 million||N/A||N/A|
Turquoise Hill Resources has higher revenue and earnings than Polymet Mining Corp.
This table compares Turquoise Hill Resources and Polymet Mining Corp’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Turquoise Hill Resources||14.20%||1.60%||1.01%|
|Polymet Mining Corp||N/A||-5.30%||-2.74%|
Insider and Institutional Ownership
32.9% of Turquoise Hill Resources shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
This is a summary of recent recommendations for Turquoise Hill Resources and Polymet Mining Corp, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Turquoise Hill Resources||0||3||3||0||2.50|
|Polymet Mining Corp||0||0||0||0||N/A|
Turquoise Hill Resources presently has a consensus target price of $5.00, suggesting a potential upside of 61.29%. Given Turquoise Hill Resources’ higher possible upside, equities analysts clearly believe Turquoise Hill Resources is more favorable than Polymet Mining Corp.
Turquoise Hill Resources beats Polymet Mining Corp on 8 of the 8 factors compared between the two stocks.
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). The Company’s Oyu Tolgoi mine is located approximately 550 kilometers south of Ulaanbaatar, Mongolia’s capital city, and 80 kilometers north of the Mongolia-China border. The Company’s Mineralization on the property consists of porphyry-style copper, gold, silver and molybdenum contained in a linear structural trend (the Oyu Tolgoi Trend) of deposits throughout this trend. They include, from south to north, the Heruga Deposit, the Oyut deposit and the Hugo Dummett deposits (Hugo South, Hugo North and Hugo North Extension).
About Polymet Mining Corp
PolyMet Mining Corp. (PolyMet) is a development-stage company. The Company is engaged in the exploration and development of natural resource properties. The Company’s sole mineral property is the NorthMet Project, which is located in St. Louis County in the Mesabi Iron Range mining district approximately 60 miles north of Duluth, Minnesota, the United States. The NorthMet Project consists of NorthMet copper-nickel-precious metals ore body, and the Erie Plant, a processing facility located approximately six miles from the ore body. The NorthMet Project covers a total of approximately 16,700 acres or over 25.9 square miles. The NorthMet mine site totals approximately 4,300 acres or over 6.5 square miles of leased mineral rights and the Erie Plant site totals approximately 12,400 acres or over 19.4 square miles of freehold land. The Erie Plant consists of crushing, grinding and milling facility.
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