Turquoise Hill Resources Ltd. found using ticker (TRQ) have now 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 24.76 and 15.79 calculating the average target price we see 20.1. Given that the stocks previous close was at 17.72 this now indicates there is a potential upside of 13.4%. The 50 day MA is 16.07 while the 200 day moving average is 15.61. The company has a market cap of $3,741m. Visit the company website at: https://www.turquoisehill.com
The potential market cap would be $4,243m based on the market concensus.
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It develops and operates the Oyu Tolgoi copper-gold mine located in Southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was incorporated in 1994 and is headquartered in Montreal, Canada. Turquoise Hill Resources Ltd. is a subsidiary of Rio Tinto plc.
