RBC Capital analyst Sam Crittenden maintained a Hold rating on Turquoise Hill Resources (NYSE:TRQ) Ltd on Monday, setting a price target of $1.25, which is approximately 36.61% above the present share price of $0.92.
Crittenden expects Turquoise Hill Resources Ltd to post earnings per share (EPS) of $0.03 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Turquoise Hill Resources, with an average price target of $1.29.
The analysts price targets range from a high of $1.71 to a low of $0.91.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $130.66 million and a net profit of -$63.9 million. The company's market cap is $1.84 billion.
According to TipRanks.com, RBC Capital analyst Sam Crittenden is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.6% and a 50.00% success rate.
Turquoise Hill Resources Ltd. engages in the exploration and development of mineral properties. Its principal mineral resource property include Oyu Tolgoi copper-gold-silver project located in southern Mongolia. The company was founded by Robert Martin Friedland on January 25, 1994 and is headquartered in Quebec, Canada.