Turquoise Hill Resources Ltd Stock News

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Gainers: Turquoise Hill Resources (TRQ) +32%. TMC the metals company (TMC) +11%. Losers: Centrus Energy (LEU) -17%.

Turquoise Hill (TSX:TRQ)(NYSE:TRQ) stock soared 33% on Monday, as stakeholder Rio Tinto offered to buy out the company for over $6 billion. The post Why Turquoise Hill Stock Exploded 33% on Monday appeared first on The Motley Fool Canada .

A big buyout offer is on the table.

Gainers: Volt Information Sciences VOLT +96%.Red Cat Holdings RCAT +46%.Turquoise Hill Resources TRQ +32%.Zhongchao ZCMD +29%.Mullen Automotive MULN +28%.AgriFORCE Growing…

Gainers Volt Information Sciences, Inc. (NYSE: VOLT ) shares jumped 95.2% to $5.89 after the company announced it would be acquired for $6 per share. AgriFORCE Growing Systems, Ltd. (NASDAQ: AGRI ) shares climbed 36.5% to $4.3001. Turquoise Hill Resources Ltd. (NYSE: TRQ ) gained 32.4% to $26.68 after Rio Tinto proposed to acquire the company at C$34 per share. Mullen Automotive, Inc. (NASDAQ: MULN ) rose 27% to $1.7153 after jumping 26% on Friday. Molecular Data Inc. (NASDAQ: MKD ) rose 25.2% to $0.1930 after dropping around 12% on Friday. Alset EHome International Inc. (NASDAQ: AEI ) shares rose 20.2% to $0.5168 after jumping 24% on Friday. Moderna, Inc. (NASDAQ: MRNA ) gained 18.9% to $164.29 after the company announced the first participant has been dosed in a clinical trial of an experimental HIV trimer mRNA vaccine. BioNTech SE (NASDAQ: BNTX ) jumped 16.7% to $158.32. The Pfizer- BioNTech vaccine is only moderately effective against the omicron variant when tested in children ages 5 to 15.

Rio Tinto (RIO) has made an offer to acquire the remaining 51% stake in Turquoise Hill. If this deal comes through, Rio will hold 66% in the Oyu Tolgoi mine.

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Turquoise Hill Resources Ltd (NYSE: TRQ ) is trading … Full story available on Benzinga.com

(Kitco News) - Rio Tinto announced today that it has made a non-binding proposal to the Turquoise Hill Board to acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill tha

The stock market looked poised to rebound from recent losses.

Rio Tinto plc (NYSE: RIO ) proposed to buy out Turquoise Hill Resources Ltd (NYSE: TRQ ) for $2.7 billion, aiming to gain more control of a giant copper mine it’s developing in Mongolia, reported Bloomberg . Rio wants to expand its exposure to so-called future-facing commodities. This transaction could ease many problems at the flagship Oyu Tolgoi growth project. Rio has faced spiraling costs and long-running disputes … Full story available on Benzinga.com

Turquoise Hill Resources (TRQ)+30.6% pre-market after confirming Rio Tinto''s (RIO) proposal to acquire the ~49% of the company it does not already own for C$34/share (US$26.60) in…

Turquoise Hill Resources Ltd (NYSE: TRQ) shares opened 30% up on Monday after Rio Tinto plc (NYSE: RIO) proposed to buy the Canadian mineral exploration and development company for about $2.7 billion