|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||13.28 - 13.53|
|52-week range||7.49 - 21.89|
|Beta (5Y monthly)||1.94|
|PE ratio (TTM)||4.33|
|Earnings date||11 Nov 2021 - 15 Nov 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||19.04|
Apparently, the challenges that the company is facing at the Oyu Tolgoi mine, as well as pessimism from Wall Street, is motivating investors to exit their positions today. As of 11:10 a.m. EDT, shares of Turquoise Hill had fallen 17.6%. Providing a third-quarter 2021 production update yesterday, Turquoise Hill reported that funding requirements for Oyu Tolgoi will be steeper than what it had previously estimated.
Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced third quarter 2021 production for Oyu Tolgoi LLC ("Oyu Tolgoi" or "OT") and provided an update on the Oyu Tolgoi mine.
Turquoise Hill Resources (the "Company") today commented on recent media reports in relation to a consulting report addressing the previously announced increase in cost and schedule extension.