Turquoise Hill Resources Ltd. (TSE:TRQ – Get Free Report) (NYSE:TRQ)’s stock price dropped 0% on Monday . The company traded as low as C$42.98 and last traded at C$42.99. Approximately 1,027,078 shares changed hands during mid-day trading, an increase of 99% from the average daily volume of 516,789 shares. The stock had previously closed at C$43.01.
Turquoise Hill Resources Trading Down 0.0 %
The company has a current ratio of 0.42, a quick ratio of 0.18 and a debt-to-equity ratio of 42.72. The company has a market cap of C$8.65 billion and a price-to-earnings ratio of 11.84. The firm’s 50-day simple moving average is C$42.99.
About Turquoise Hill Resources
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of the Oyu Tolgoi copper-gold mine located in Southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd.
Featured Articles
- Five stocks we like better than Turquoise Hill Resources
- Energy and Oil Stocks Explained
- United Airlines Soars on Earnings Beat
- How to Calculate Options Profits
- J.B. Hunt Hits the Skids: Lower Prices to Come
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
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.