TRQ
Price:
$31.41
Market Cap:
$0
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company primarily explores for copper, gold, and silver deposits. It engages in the operation and development of the Oyu Tolgoi copper-gold mine located in Southern Mongolia. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was incorporated in 1994 and is headquartered in Montreal, Canada. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto Group.[Read more]
Industry
Other Precious Metals
IPO Date
1996-06-26
Stock Exchange
NYSE
Ticker
TRQ
According to Turquoise Hill Resources Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 1.20. This represents a change of 1.15% compared to the average of 1.19 of the last 4 quarters.
The mean historical Current Ratio of Turquoise Hill Resources Ltd. over the last ten years is 4.09. The current 1.20 Current Ratio has changed 2.84% with respect to the historical average. Over the past ten years (40 quarters), TRQ's Current Ratio was at its highest in in the December 2016 quarter at 9.39. The Current Ratio was at its lowest in in the June 2013 quarter at 0.32.
Average
4.09
Median
3.81
Minimum
0.34
Maximum
9.39
Discovering the peaks and valleys of Turquoise Hill Resources Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 654.33%
Maximum Annual Current Ratio = 9.39
Minimum Annual Increase = -66.16%
Minimum Annual Current Ratio = 0.34
Year | Current Ratio | Change |
---|---|---|
2021 | 1.20 | -58.38% |
2020 | 2.89 | -38.92% |
2019 | 4.74 | -28.23% |
2018 | 6.60 | 4.97% |
2017 | 6.29 | -33.05% |
2016 | 9.39 | 48.10% |
2015 | 6.34 | 149.43% |
2014 | 2.54 | 654.33% |
2013 | 0.34 | -42.01% |
2012 | 0.58 | -66.16% |
The current Current Ratio of Turquoise Hill Resources Ltd. (TRQ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.94
5-year avg
4.34
10-year avg
4.09
Turquoise Hill Resources Ltd.’s Current Ratio is
Company | Current Ratio | Market cap |
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