TRQ is up 21% today. A closer look at the stock:

Turquoise Hill Resources Ltd (TRQ) is trading 21% higher at $28.265 today. The stock's price action is outmatching it's peers on what is quickly becoming a mildly green day for the Materials sector.

Recent news that may affect the share price:
- Scotiabank recently gave a  Sector Outperform Rating to Turquoise Hill Resources
- The Swiss National Bank increased its holdings in Turquoise Hill Resources by 7.5%.
- Turquoise Hill Resources' stock price was lowered to C$34.00 by TD Securities.
- Rio Tinto's proposal to acquire full ownership of Turquoise Hill Resources has been terminated.

Turquoise Hill Resources Ltd has been trading between a 52-week high of $31.05 and a 52-week low of $9.75. The stock has a market cap of $5.69 Billion.

Turquoise Hill is an international mining company focused on the operation and continued development of the Oyu Tolgoi copper-gold mine in Mongolia, which is the Company's principal and only material mineral resource property. Turquoise Hill's ownership of the Oyu Tolgoi mine is held through a 66% interest in Oyu Tolgoi LLC (Oyu Tolgoi); Erdenes Oyu Tolgoi LLC, a Mongolian state-owned entity, holds the remaining 34% interest.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Jd0078 - 2 upvotes - source
I am playing TRQ got a position today. copper is a demand item.

Interesting-Clerk-91 - 1 upvotes - source
If I made OPs video, I would've ruined it by including the cannonball scene. [https://youtu.be/hHzQP0--TrQ?t=134](https://youtu.be/hHzQP0--TrQ?t=134)