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BRIEF-Turquoise Hill Resources Q1 Earnings Per Share $0.06

Published 2019-05-15, 05:24 p/m
Updated 2019-05-15, 05:30 p/m
© Reuters.  BRIEF-Turquoise Hill Resources Q1 Earnings Per Share $0.06

May 15 (Reuters) - Turquoise Hill Resources Ltd TRQ.TO :

* Q1 REVENUE $352.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $329.3 MILLION

* Q1 EARNINGS PER SHARE $0.06

* Q1 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES DATA

* REMAIN ON TRACK TO ACHIEVE OUR FULL-YEAR 2019 PRODUCTION GUIDANCE

* OYU TOLGOI HAS MADE A STRONG START TO 2019

* SHAFT 2 IS NOW EXPECTED TO BE COMPLETED BY END OF OCTOBER 2019.

* FOR Q1'19, OYU TOLGOI'S COST OF SALES WAS $1.99 PER POUND OF COPPER SOLD

* DURING Q1'19, OYU TOLGOI PRODUCED 45,800 TONNES OF COPPER AND 120,000 OUNCES OF GOLD

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