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TRQ - Turquiose Hill Resources EPS beats by $0.63 revenue in-line
Turquoise Hill Resources Ltd.
Turquiose Hill Resources (TRQ): Q1 GAAP EPS of $1.18 beats by $0.63.Revenue of $526.5M (+302.8% Y/Y) in-line.Cash used in operating activities was $133.2M in Q1'21, compared to $24.4M in Q1'20. Oyu Tolgoi has updated its operational outlook for 2021 and is now expected to produce 150,000 to 180,000 tonnes of copper and 400,000 to 480,000 ounces of gold; and Operating cash costs for FY21 are expected to be $800M to $850M.Shares -1.17% AH.Press Release