Turquoise Hill Resources Ltd trades with the ticker TRQ on the TSX and is in the Copper industry.
Overview
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. 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. operates as a subsidiary of Rio Tinto Group.
Looking to invest in Turquoise Hill Resources Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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TRQ.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $8650.921MM
PE Ratio: 11.909
Price: #N/A (Updated: 3/12/2024 0:47:16)
Turquoise Hill Resources Ltd (TRQ) vs Competitors in Copper
Lets see how TRQ.TO stacks up against others in the Copper asset management industry. We have identified its main peers as:Amerigo Resources Ltd, Atalaya Mining Plc, Copper Mountain Mining Corporation, Capstone Mining Corp, First Quantum Minerals Ltd
.Copper Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Amerigo Resources Ltd (ARG) | $209.353 | 42.333 | 7.182 | 9.4% |
| Atalaya Mining Plc (AYM) | $835.771 | 10.704 | 7.095 | 10.3% |
| Copper Mountain Mining Corporation (CMMC) | $540.245 | N/A | 12.108 | 0.0% |
| Capstone Mining Corp (CS) | $5,758.95 | N/A | 40.747 | N/A% |
| First Quantum Minerals Ltd (FM) | $10,969.268 | N/A | 15.458 | 1.6% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Copper
- Turquoise Hill Resources Ltd (TRQ) vs Amerigo Resources Ltd (ARG)
- TRQ has higher EPS (3.61 vs 0.03). ARG has higher dividend yield (9.4% vs 0.0%). ARG has a higher P/E ratio (42.333 vs 11.909) indicating it’s more expensive.
- Turquoise Hill Resources Ltd (TRQ) vs Atalaya Mining Plc (AYM)
- TRQ has higher EPS (3.61 vs 0.54). AYM has higher dividend yield (10.3% vs 0.0%). TRQ has a higher P/E ratio (11.909 vs 10.704) indicating it’s more expensive.
- Turquoise Hill Resources Ltd (TRQ) vs Copper Mountain Mining Corporation (CMMC)
- TRQ has higher EPS (3.61 vs -0.26). CMMC has higher dividend yield (0.0% vs 0.0%). CMMC has a P/E under 0, indicating TRQ (P/E 11.909) is in a better position.
- Turquoise Hill Resources Ltd (TRQ) vs Capstone Mining Corp (CS)
- TRQ has higher EPS (3.61 vs -0.21). TRQ provides dividends, while CS does not. CS has a P/E under 0, indicating TRQ (P/E 11.909) is in a better position.
- Turquoise Hill Resources Ltd (TRQ) vs First Quantum Minerals Ltd (FM)
- TRQ has higher EPS (3.61 vs -1.86). FM has higher dividend yield (1.6% vs 0.0%). FM has a P/E under 0, indicating TRQ (P/E 11.909) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (11.91) than the industry average (23.66), indicating potential undervaluation.
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