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TSE:TRQ

16.58
0.02 (0.12%) 1d
0
Showing 1 to 15 of 149 entries
HOLD
It's in production. The question is how much more capital does it require. It is a good deposit and they have a good partner, but Mongolia is and will be an issue. It is highly levered to copper prices and you still have the geopolitical risk. It is a big asset in terms of copper.
precious metals
DON'T BUY
A difficult stock to read technically. Looks like a news-driven play. Pass, but maybe hold. It's a hold waiting for news.
precious metals
WATCH
There's a big fall in July from $1.38 to $.82. A huge drop of 43%. It bottomed out at $.60 and then moved back to above $1.00. A very volatile stock. It doesn't looks good below $.80.
precious metals
TOP PICK
It is a play in the huge Mongolian copper mine. They have another year and a half of liquidity. There are concerns that they cannot come up with their share of the CAP-X. It got deleted from the TSX index. The quality of the asset is not in question. There is also tax loss selling and it is now oversold. There should be a pretty good bounce in the stock. (Analysts’ price target is $1.44)
precious metals
DON'T BUY
He finds that it’s a weird base so he would look further into it. It’s a copper company. At around .70 cents, he would buy.
precious metals
RISKY BUY
Not for the faint of heart--political risk. If things work, this has huge upside. It's one of the largest copper gold deposits in the world.
precious metals
BUY
One of the best copper deposits in the planet. It will grow and grow and grow.
precious metals
WAIT

It comes down to your view on copper. If you have a positive view on copper, this asset will go on for 40-50 years. There is quite a large capital outlay to build the asset. It will be 2 to 3 years and you have to be on side with Mongolia. It’s a buy and hold.

precious metals
COMMENT

A Mongolian project with single assets. For all intents and purposes, it is a public controlled vehicle of Rio Tinto (RIO-N), which owns 51%. A low grade large deposit with lots of growth going down the road as they develop the underground portion. It is currently open pit. Feels it is fairly valued. Sensitive to copper.

precious metals
PAST TOP PICK

(Top Pick Apr 6/16, Up 26%) You get the above ground mine and a fully funded underground mine. It has been a laggard. He has moved on from this one.

precious metals
COMMENT

He likes this a lot. A very large gold producer, sort of in drag. A copper mine that produces an awful lot of gold. It will produce gold for a very long time. It is going to make an awful lot of money and should be a cornerstone in many people’s portfolios.

precious metals
COMMENT

A copper mine in Mongolia. Controlled by Rio Tinto (RIO-N). One of his favourite positions. Scores at the top of the pack on valuation. Great balance sheet with a ton of excess cash. Going into production a couple of years out. One of the lowest cost copper producers globally with one of the best assets. The extra juice is if Rio decides to consolidate the rest of it, which they may well do if the copper market is turning in their favour.

precious metals
TOP PICK

18 months ago, very few of his picks would have been in the resource sector, but he is seeing a shift to the cyclical value. This owns one of the best undeveloped copper assets globally. They are cash flowing from their open pit mine today. This has a 40-year life, so you are buying an asset that has got a very long time for cash flow. Has no debt problems, and has $1.3 billion cash on the balance sheet, which will be used to develop their underground mine. Trading at 6.2X EBITDA and about 14X PE. Price momentum has been improving as copper stocks have been moving up. Rio Tinto (RIO-N) has managed to do a creeping takeover over the last number of years, and own over half of it. If the cycle starts to turn, it would make a lot of sense for Rio Tinto to take in the minority.

precious metals
BUY

Likes it. Top deposit in the world. He sees them being able to weather the low commodity environment. He thinks it will eventually be part of Rio Tinto.

precious metals
DON'T BUY

Mongolian mines: They have made so many tries. They are still fighting with the government there. The government has shown themselves to be indecisive.

precious metals
Showing 1 to 15 of 149 entries

Turquoise Hill Resources(TRQ-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Turquoise Hill Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Turquoise Hill Resources(TRQ-T) Frequently Asked Questions

What is Turquoise Hill Resources stock symbol?

Turquoise Hill Resources is a Canadian stock, trading under the symbol TRQ-T on the Toronto Stock Exchange (TRQ-CT). It is usually referred to as TSX:TRQ or TRQ-T

Is Turquoise Hill Resources a buy or a sell?

In the last year, there was no coverage of Turquoise Hill Resources published on Stockchase.

Is Turquoise Hill Resources a good investment or a top pick?

Turquoise Hill Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Turquoise Hill Resources.

Why is Turquoise Hill Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Turquoise Hill Resources worth watching?

0 stock analysts on Stockchase covered Turquoise Hill Resources In the last year. It is a trending stock that is worth watching.

What is Turquoise Hill Resources stock price?

On 2021-10-22, Turquoise Hill Resources (TRQ-T) stock closed at a price of $16.58.