Turquoise Hill Resources (TSE:TRQ) Stock Price Down 0% – Here’s What Happened

Turquoise Hill Resources Ltd. (TSE:TRQGet Free Report) (NYSE:TRQ) shares were down 0% during trading on Monday . The stock traded as low as C$42.98 and last traded at C$42.99. Approximately 1,027,078 shares traded hands during trading, an increase of 99% from the average daily volume of 516,789 shares. The stock had previously closed at C$43.01.

Turquoise Hill Resources Stock Performance

The stock has a fifty day moving average price of C$42.99. The company has a market capitalization of C$8.65 billion and a PE ratio of 11.84. The company has a debt-to-equity ratio of 42.72, a current ratio of 0.42 and a quick ratio of 0.18.

Turquoise Hill Resources Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Turquoise Hill Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Turquoise Hill Resources and related companies with MarketBeat.com's FREE daily email newsletter.