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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Turquoise Hill Resources Ltd.    TRQ   CA9004352071

TURQUOISE HILL RESOURCES LTD.

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Turquoise Hill Resources : announces resignation of director Alan Chirgwin and appointment of Alfie Grigg to the Board of Directors

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09/18/2020 | 06:01pm EDT

MONTREAL, Sept. 18, 2020 /CNW/ - Turquoise Hill Resources today announced that the Company's Board of Directors has accepted the resignation of non-independent director Alan Chirgwin, effective September 17, 2020. Mr. Chirgwin's resignation corresponds with his personal decision to leave Rio Tinto.

Peter Gillin, Chairman of Turquoise Hill Board of Directors, said, "The Board would like to thank Alan for his contributions to Turquoise Hill and wish him all the best in his future endeavors."

The Board of Directors is pleased to announce, that Alfie Grigg will be joining the Board of Turquoise Hill, effective September 18, 2020. Mr. Grigg has more than 20 years' experience as a legal executive and senior advisor with extensive experience in joint ventures, governance, stakeholder engagement, business development and capital markets, across the resources, energy and technology sectors.  Mr. Grigg is currently chief Counsel, Pacific for Rio Tinto's Aluminum business leading the legal and regulatory activities for Rio Tinto's bauxite mines, alumina refineries, aluminum smelters and associated power generation assets in the Pacific region.

Peter Gillin stated, "We are pleased to welcome Mr. Grigg and look forward to his contributions to the Board."

Cision
View original content to download multimedia:http://www.prnewswire.com/news-releases/turquoise-hill-announces-resignation-of-director-alan-chirgwin-and-appointment-of-alfie-grigg-to-the-board-of-directors-301134141.html

SOURCE TURQUOISE HILL RESOURCES LTD

© Canada Newswire, source Canada Newswire English


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Financials (USD)
Sales 2020 1 050 M - -
Net income 2020 240 M - -
Net Debt 2020 3 451 M - -
P/E ratio 2020 6,99x
Yield 2020 -
Capitalization 1 587 M 1 584 M -
EV / Sales 2020 4,80x
EV / Sales 2021 2,13x
Nbr of Employees 2 854
Free-Float 46,7%
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Technical analysis trends TURQUOISE HILL RESOURCES LTD.
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Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 12,87 $
Last Close Price 7,89 $
Spread / Highest target 115%
Spread / Average Target 63,1%
Spread / Lowest Target -4,28%
EPS Revisions
Managers
NameTitle
Ulf Quellmann Chief Executive Officer & Non-Independent Director
Robert Peter Charles Gillin Chairman
Jo-Anne Dudley Chief Operating Officer
Luke Colton Chief Financial Officer
Russel C. Robertson Independent Director
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