Turquoise Hill Resources Ltd. (NYSE:TRQ) is set to announce second quarter earning results on Tuesday 28th July 2020, after market close.
Previous Quarter Performance
Turquoise Hill Resources Ltd. outlined income for the first quarter of $ 0.03 per share, from the revenue of $ 130.66 million. The quarterly earnings grew 11.63 percent while revenues compared with the same quarter last year.
Street analysts expected $ 253.77 million. The bottom line results street analysts by $ 2.53 or , at the same time, top line results fell short of analysts by $ 123.11 million or 48.51 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TRQ was $ 0.89, representing a 196.67 % increase from the 52 week low of $ 0.30 and a 8.25 % decrease over the 52 week high of $ 0.97.
The company has a market capital of $ 1.81 billion and is part of the Basic Materials sector and Copper industry.
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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.
