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Turquoise Hill (TRQ) has recently reported its second-quarter results, providing investors with a chance to look at how the company performed during the acute phase of coronavirus crisis. Turquoise Hill has recently increased its gold production guidance from 120,000 - 150,000 ounces to 155,000 - 180,000 ounces and provided an update on the Oyu Tolgoi feasibility study. Without further ado, let's look at the key points of the second quarter report:
Turquoise Hill reported revenues of $278 million and EPS of $0.04 per share, beating analyst estimates on both earnings and revenue. The