Turquoise Hill Resources (NYSE:TRQ)

CAPS Rating: 4 out of 5

An international mineral exploration and development company.


Player Avatar Junkyardhawg1985 (76.58) Submitted: 6/25/2009 12:15:17 PM : Underperform Start Price: $5.61 TRQ Score: -233.03

Ivanhoe Mines (IVN) has a market cap around $2.2 billion with almost no sales ($3 million last quarter). The company has been sharply increasing debt over the past few years, and the stock trades around 10X net tangible assets. They also lack focus for a company trying to explore various mining opportunities such as coal, gold, and molybdenum. It is possible that they will strike it rich with one of their mines, but striking it rich is already built into the stock price at $2.2 billion.

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Member Avatar marpincan (< 20) Submitted: 9/25/2010 1:09:14 PM
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Ha Ha HA hA Hu Hu Hu Hu - LMAO - I hope junk yard did not go short!!!!!!!!!!! ouch!!!!!!!!!!!!!!1

Member Avatar Liong8 (< 20) Submitted: 2/5/2012 11:41:22 AM
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I strongly disagree

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