Canada Markets closed

Turquoise Hill: Q1 Earnings Snapshot

·1 min read

MONTREAL (AP) _ Turquoise Hill Resources Ltd. (TRQ) on Wednesday reported first-quarter net income of $236.7 million.

On a per-share basis, the Montreal-based company said it had net income of $1.18.

The metal and coal mining company posted revenue of $526.5 million in the period.

Turquoise Hill shares have increased 29% since the beginning of the year. The stock has more than doubled in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRQ at https://www.zacks.com/ap/TRQ

The Associated Press

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting