| Turquoise Hill Resources is a mining company focused on the operation and further development of the Oyu Tolgoi copper-gold mine in southern Mongolia, which is Co.'s principal and only material mineral resource property. Oyu Tolgoi is held through a 66% interest in Oyu Tolgoi LLC; the remaining 34% interest is held by Erdenes MGL LLC. We show 14 historical shares outstanding datapoints in our TRQ shares outstanding history coverage, used to compute TRQ market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing TRQ market cap history over the course of time is important for investors
interested in comparing TRQ's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of TRQ versus a peer is one thing; comparing
TRQ market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like TRQ can fluctuate over the course of history.
With this page we aim to empower investors researching TRQ by allowing them to research the TRQ market cap history.