▼ -91.50% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Turquoise Hill Resources in the last 3 months. The average price target is C$1.77, with a high forecast of C$2.25 and a low forecast of C$1.20. The average price target represents a -91.50% upside from the last price of C$20.78.
The current consensus among 5 polled investment analysts is to hold stock in Turquoise Hill Resources. This rating has held steady since January 2021, when it changed from a Buy consensus rating.
Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. The company explores for copper, gold, and silver deposits. It develops and operates 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. is a subsidiary of Rio Tinto plc.