Turquoise Hill Resources Ltd. (NYSE:TRQ) is expected to report third quarter earnings results, after market close, on Friday 13th November 2020.
Previous Quarter Performance
Turquoise Hill Resources Ltd. outlined income for the second quarter of $ 0.04 per share, from the revenue of $ 277.97 million. According to street consensus, revenue of $ 253.77 million was expected for the second quarter The top line results outshined analysts by $ 24.20 million or 9.54 percent.
Stock Performance
Shares of Turquoise Hill Resources Ltd. traded low $ -0.37 or -4.34 percent on Thursday, reaching $ 8.16 with volume of 307.80 thousand shares. Turquoise Hill Resources Ltd. has traded high as $ 8.60 and has cracked $ 8.10 on the downward trend
According to the previous trading day, closing price of $ 8.16, representing a 184.33 % increase from the 52 week low of $ 3.00 and a 28.92 % decrease over the 52 week high of $ 12.00.
The company has a market capital of $ 1.65 billion and is part of the Basic Materials sector and Copper industry.
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It primarily develops and operates the Oyu Tolgoi mine located in the southern Mongolia.
