Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.40 and traded as high as C$2.80. Entrée Resources shares last traded at C$2.71, with a volume of 63,353 shares changing hands.
Entrée Resources Trading Down 3.2%
The company has a current ratio of 17.73, a quick ratio of 40.62 and a debt-to-equity ratio of -25.00. The firm has a market capitalization of C$563.41 million, a price-to-earnings ratio of -30.11 and a beta of 0.87. The firm’s 50-day moving average is C$2.67 and its 200 day moving average is C$2.40.
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.
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