May 13, 2021 at 13:22 PM EDT Looking for mining stocks to watch in May? Check these out Searching for mining stocks to buy can be a simple process if you know what to look for. The first step is to figure out what type of investor you are. If you are a short term investor or swing trader, you may want to look at the most recent and trending news only. If you are long term investing in mining stocks , then looking at a company’s long-term outlook, financial reports, rumors, and more can all be useful to you. Once you have found a mining stock to watch , how do you know when to invest? Let’s say a company’s stock price is going up but it has low volume. This could potentially suggest that this stock will go lower rather than continue to move higher. Things like this can help decide when the right time to invest in mining stocks is. The pandemic is another factor affecting mining stocks right now. As COVID-19 continues to grow in numbers in other countries, it’s hurting the
BRIEF-Turquoise Hill Resources Reports Q1 Earnings Per Share $1.18 Reuters 5/12/2021
Popular Searches Q1 EARNINGS PER SHARE ESTIMATE $0.70 REFINITIV IBES DATA Q1 REVENUE $526.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF $547.9 MILLION OYU TOLGOI HAD AN EXCEPTIONALLY STRONG Q1 WITH PRODUCTION OF 45,449 TONNES OF COPPER AND 145,656 OUNCES OF GOLD TURQUOISE HILL RESOURCES - OYU TOLGOI HAS UPDATED ITS OPERATIONAL OUTLOOK FOR 2021 AND IS NOW EXPECTED TO PRODUCE 150,000 TO 180,000 TONNES OF COPPER TURQUOISE HILL - RECENT SURGE OF COVID-19 CASES IN MONGOLIA WILL CONTINUE TO IMPACT OPEN PIT OPERATIONS AND UNDERGROUND DEVELOPMENT THROUGH Q2 OYU TOLGOI HAS UPDATED OPERATIONAL OUTLOOK FOR 2021 AND NOW EXPECTED TO PRODUCE 400,000 TO 480,000 OUNCES OF GOLD.
Turquoise Hill Announces Results of Voting for Directors
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Turquoise Hill or the
Company ) today announced that the nominees set forth in its management proxy circular dated March 26, 2021 were elected as directors of Turquoise Hill. The detailed results of the vote for the election of directors held at the annual meeting of shareholders, which took place on May 12, 2021, are set out below.
Election of Directors
According to votes received, each of the following seven management nominees was elected as a director of Turquoise Hill to hold office until the Company s next annual meeting of shareholders or until the director s successor is elected or appointed, with the following results:
Turquoise Hill announces financial results and review of operations for the first quarter of 2021
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MONTREAL, May 12, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ( Turquoise Hill or the Company ) today announced its financial results for the period ended March 31, 2021. All figures are in U.S. dollars unless otherwise stated. Oyu Tolgoi had an exceptionally strong first quarter with production of 45,449 tonnes of copper and 145,656 ounces of gold. Our strong operational performance combined with rising copper and gold prices generated revenue of $526.5 million, a 303% increase over the same quarter last year. stated Steve Thibault, Interim Chief Executive Officer of Turquoise Hill Resources.
The S&P/TSX composite index gained 181.76 points to a record close of 19,472.74 after hitting an intraday peak of 19,491.51. The Toronto market closed up 1.9 per cent for the week and 11.7 per cent so far in 2021.
In New York, the Dow Jones industrial average and S&P 500 also set records. The Dow rose 229.23 points at 34,777.76. The S&P 500 index was up 30.98 points at 4,232.60, while the Nasdaq composite was up 119.40 points at 13,752.24.
The tone was set Friday morning after jobs reports for April in Canada and the U.S.
Canada s labour market lost 207,000 jobs last month as a spike in COVID-19 variant cases led to renewed public health restrictions. The unemployment rate rose to 8.1 per cent with Ontario losing the most jobs.