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home / news releases / TRQ - Turquoise Hill Revisited


TRQ - Turquoise Hill Revisited

Thesis

Turquoise Hill Resources (TRQ) has witnessed a significant drop in share price since the publication of Q2 2019 production report. This report highlights that the completion of TRQ's Oyu Tolgoi project will be significantly delayed. In this article, I have analyzed the implications of such a delay on the share prices.

Moreover, TRQ's parent Rio Tinto (RIO) has not yet announced any plans to increase its investment in its flagship copper asset. In my view, this factor is also landing heavily on the stock price. Given TRQ's valuation, one might

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Stock Information

Company Name: Turquoise Hill Resources Ltd.
Stock Symbol: TRQ
Market: NYSE
Website: turquoisehill.com

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