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Dynamic quotes 
OFFON

TURQUOISE HILL RESOURCES LTD.

(TRQ)
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Turquoise Hill Resources Ltd. : The underlying trend is to the upside

03/23/2021 | 02:46am EDT
long trade
Stop-loss triggered
Entry price : 22.02CAD | Target : 31CAD | Stop-loss : 17.6CAD | Potential : 40.78%
Turquoise Hill Resources Ltd.'s shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the CAD 31.
Turquoise Hill Resources Ltd. : Turquoise Hill Resources Ltd. : The underlying trend is to the upside
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • In a short-term perspective, the company has interesting fundamentals.

Strengths
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Historically, the company has been releasing figures that are above expectations.
  • Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • For the past twelve months, EPS forecast has been revised upwards.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • The tendency within the weekly time frame is positive above the technical support level at 12.1 CAD

Weaknesses
  • The stock is close to a major daily resistance at CAD 30.3, which should be gotten rid of so as to gain new appreciation potential.
  • The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
  • Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 1 821 M - -
Net income 2021 518 M - -
Net Debt 2021 3 437 M - -
P/E ratio 2021 6,44x
Yield 2021 -
Capitalization 3 357 M 3 360 M -
EV / Sales 2021 3,73x
EV / Sales 2022 4,96x
Nbr of Employees 3 093
Free-Float 49,2%
Upcoming event on TURQUOISE HILL RESOURCES LTD.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 16,68 $
Average target price 18,76 $
Spread / Average Target 12,5%
EPS Revisions
Managers and Directors
Steeve Thibeault Chief Executive Officer & Director
Luke Colton Chief Financial Officer
Robert Peter Charles Gillin Chairman
Jo-Anne Dudley Chief Operating Officer
Russel C. Robertson Independent Director
Sector and Competitors
1st jan.Capi. (M$)
TURQUOISE HILL RESOURCES LTD.31.52%3 360
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SAUDI ARABIAN MINING COMPANY (MA'ADEN)72.59%22 937