|Bid||0.00 x 2900|
|Ask||0.00 x 40700|
|Day's Range||2.18 - 2.24|
|52 Week Range||2.11 - 3.59|
|PE Ratio (TTM)||11.83|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
A look at the shareholders of Turquoise Hill Resources Ltd (TSE:TRQ) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies whileRead More...
VANCOUVER, British Columbia, Sept. 07, 2018-- Turquoise Hill Resources today announced the appointment of Alan Chirgwin to the Company’ s Board of Directors effective September 6, 2018.. Chirgwin to the ...
NEW YORK, NY / ACCESSWIRE / August 1, 2018 / Turquoise Hill Resources Ltd. (NYSE: TRQ ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 1, 2018 at 9:00 AM Eastern ...
VANCOUVER, British Columbia, July 31, 2018-- Turquoise Hill Resources today announced its financial results for the quarter ended June 30, 2018. All figures are in U.S. dollars unless otherwise stated. ...
SAN FRANCISCO, July 31, 2018 /CNW/ -- SAILINGSTONE CAPITAL PARTNERS notes the appointment of Ulf Quellman as the new Chief Executive Officer of Turquoise Hill Resources (TSX/NYSE: TRQ) and welcomes the significant improvements that have been made to both the CEO's contract structure and the associated compensation package. SailingStone has long been troubled by the lack of alignment between the TRQ Board, its executives and minority shareholders and continues to believe that corporate governance issues are a headwind for the stock. Today's announcement is an acknowledgment by the entire Board that an independent CEO whose long-term compensation is based solely on the performance of TRQ's shares is an enhancement to the previous arrangement.
The Turquoise Hill Resources (TRQ) (TRQ.TO) Board of Directors today announced the appointment of Ulf Quellmann as Chief Executive Officer effective August 1, 2018. Mr. Quellmann is a seasoned executive with extensive knowledge of Oyu Tolgoi and more than 20 years’ experience in corporate finance, strategy, treasury and investor relations at General Motors, Alcan and Rio Tinto. Mr. Quellmann was appointed to the Turquoise Hill Board of Directors in May 2017 and will continue to serve as a member of the Board, as well as continuing to be part of the Turquoise Hill-Rio Tinto negotiating team working with the Government of Mongolia primarily to conclude the sourcing of domestic power.
VANCOUVER, British Columbia, July 24, 2018-- Turquoise Hill Resources will announce its second quarter 2018 financial results on Tuesday, July 31, 2018 after markets close in North America. The Company ...
VANCOUVER, B.C., July 16, 2018-- Turquoise Hill Resources today announced second quarter 2018 production for Oyu Tolgoi as well as the completion of Shaft 5.. Luke Colton, interim Chief Executive Officer ...
Stock Research Monitor: HBM, SCCO, and TRQ LONDON, UK / ACCESSWIRE / July 6, 2018 / If you want a free Stock Review on FCX sign up now at www.wallstequities.com/registration . Ahead of today's trading ...
VANCOUVER, B.C., June 27, 2018-- Turquoise Hill Resources today announced the Company’ s Board of Directors has appointed Chief Financial Officer Luke Colton to the additional position of interim Chief ...
One tonne of copper brings functionality in 40 cars, powers 60,000 mobile phones, enables operations in 400 computers, and distributes electricity to 30 homes. Lined up for review this morning are the following industry players: Freeport-McMoRan Inc. (NYSE: FCX), Hudbay Minerals Inc. (NYSE: HBM), Southern Copper Corp. (NYSE: SCCO), and Turquoise Hill Resources Ltd (NYSE: TRQ).
Freeport-McMoRan Is Up ~13% in May: Can Hot Streak Continue? According to Reuters, citing a statement from Rio Tinto (RIO) (TRQ), the miner is in talks with Indonesia’s Inalum to sell its stake in Grasberg for $3.5 billion.* Grasberg is the second-largest copper mine after Escondida, which is operated by BHP Billiton (BHP). According to the statement, “No agreement has been reached and there is no certainty that a binding agreement with Indonesia’s state mining holding company Inalum will be signed.” Freeport-McMoRan (FCX) is also separately negotiating a stake sale with the Indonesian government (EIDO).
Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia. The Grasberg mine is the world’s second-largest mine after BHP Billiton’s (BHP) Escondida mine. Rio Tinto (RIO) (TRQ) is Freeport’s partner at the Grasberg mine. Despite Freeport-McMoRan agreeing to two of the key demands made by the Indonesian government, its problems are far from over.
In the previous article, we looked at various factors that may have triggered the massive sell-off in Freeport-McMoRan (FCX) stock yesterday. Southern Copper (SCCO), another pure-play copper miner, also fell on April 24. Along with the abovementioned factors, issues in Indonesia may have made investors wary of Freeport.
Freeport-McMoRan (FCX) released its 1Q18 earnings today and reported revenues of $4.8 billion. Freeport’s 1Q18 adjusted EPS (earnings per share) from continuing operations were $0.46, versus $0.13 in the corresponding quarter last year. Despite the sharp yearly increase, Freeport’s 1Q18 earnings fell short of expectations.
In the previous part of this series, we noted that Freeport-McMoRan (FCX) expects its 1Q18 copper shipments to be similar to the sequential quarter. Meanwhile, for commodity producers Antofagasta (ANTO), Southern Copper (SCCO), and Rio Tinto (RIO)(TRQ), commodity prices have a higher impact on earnings than shipments. In this article, we’ll see how commodity prices played out in 1Q18 amid the US-China trade war and how it could impact Freeport’s financial performance.
Freeport-McMoRan (FCX) is scheduled to release its 1Q18 earnings on April 24. In this article, we’ll see what analysts are projecting for Freeport’s 1Q18 revenues. Freeport managed to beat its revenue estimates by a wide margin in the last two consecutive quarters.
Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia (EIDO) with Rio Tinto (RIO) (TRQ) as a minority partner. While the mine is a crown jewel in Freeport’s portfolio due to its vast size and attractive unit cash costs, its operations have been surrounded by uncertainties. Let’s discuss these uncertainties in perspective.