Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.44 and traded as low as C$2.33. Entrée Resources shares last traded at C$2.34, with a volume of 4,853 shares trading hands.
Entrée Resources Trading Up 2.6%
The firm has a market cap of C$494.32 million, a P/E ratio of -39.50 and a beta of 0.69. The company has a debt-to-equity ratio of -26.01, a current ratio of 11.61 and a quick ratio of 40.62. The stock has a 50 day moving average of C$2.56 and a 200 day moving average of C$2.44.
Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) last issued its quarterly earnings results on Thursday, March 5th. The company reported C($0.04) EPS for the quarter.
Entrée Resources Company Profile
Entree Resources Ltd is a Canadian mining company which owns a joint venture interest on a significant portion of copper-gold projects – the Oyu Tolgoi project in Mongolia. The company’s interest in the Entree/Oyu Tolgoi joint venture has the characteristics of a royalty, with the benefits of a producer. Entree’s good financial position and high-quality asset portfolio provides solid foundation and flexibility of growth.
Further Reading
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