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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: T.TRQ

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Post by Canadianbull55on Jun 17, 2017 6:32pm
153 Views
Post# 26374570

US Global Investors Inc acquired a new stake in TRQ

US Global Investors Inc acquired a new stake in TRQNYSE:TRQ) (TSE:TRQ) during the first quarter, Holdings Channel reports. The fund acquired 58,700 shares of the basic materials companys stock, valued at approximately $180,000. Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Turquoise Hill Resources by 4.2% in the first quarter. Vanguard Group Inc. now owns 18,646,021 shares of the basic materials companys stock valued at $57,243,000 after buying an additional 754,812 shares during the period. Norges Bank purchased a new position in shares of Turquoise Hill Resources during the fourth quarter valued at $26,530,000. Mackenzie Financial Corp raised its position in shares of Turquoise Hill Resources by 45.1% in the first quarter. Mackenzie Financial Corp now owns 5,526,977 shares of the basic materials companys stock valued at $16,968,000 after buying an additional 1,716,600 shares during the period. Russell Investments Group Ltd. raised its position in shares of Turquoise Hill Resources by 6.5% in the first quarter. Russell Investments Group Ltd. now owns 3,824,838 shares of the basic materials companys stock valued at $11,742,000 after buying an additional 233,121 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Turquoise Hill Resources by 13.9% in the first quarter. Legal & General Group Plc now owns 3,670,146 shares of the basic materials companys stock valued at $11,182,000 after buying an additional 447,110 shares during the period. Institutional investors and hedge funds own 30.98% of the companys stock.
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