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Turquoise Hill Resources Ltd. (TRQ) [hlAlert]

down 70.02 %

Turquoise Hill Resources Ltd. (TRQ) rated Outperform with price target $10 by BMO Capital Markets

Posted on: Wednesday,  Mar 27, 2013  10:25 AM ET by BMO Capital Markets

BMO Capital Markets rated Outperform Turquoise Hill Resources Ltd. (NYSE: TRQ) on 03/27/2013. Previously BMO Capital Markets rated Outperform Turquoise Hill Resources Ltd. (NYSE:
TRQ) on 01/30/2008., when the stock price was $9.54. Since then, Turquoise Hill Resources Ltd. has lost 70.02% as of 12/11/2015's recent price of $2.86.
If you would have followed the previous BMO Capital Markets's recommendation on TRQ, you would have lost 70.02% of your investment in 2872 days.

Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company?s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The IVN Group also holds interests in several other mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi Coal Mine, located in Mongolia; the Cloncurry Project, located in Queensland, Australia, and the Bakyrchik gold project, located in Kazakhstan. In May 2008, IVN completed the sale of its controlling stake in Jinshan Gold Mines Inc. (Jinshan) to China National Gold Group Hong Kong Ltd. (China National).

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2013 10:25 AM Buy
6.32 10.00
as of 12/13/2013
1 Week down  -4.17 %
1 Month down  -27.21 %
3 Months down  -36.56 %
1 YTD down  -57.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/28/2011 10:25 AM Buy
16.35 24.00
1/30/2008 8:25 AM Buy

(*) Stock Price at the time of the recommendation.
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