Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI)’s stock price fell 13.1% on Wednesday . The company traded as low as C$2.59 and last traded at C$2.85. 549,974 shares traded hands during mid-day trading, an increase of 196% from the average session volume of 185,807 shares. The stock had previously closed at C$3.28.
Entrée Resources Price Performance
The firm has a market cap of C$577.96 million, a PE ratio of -30.89 and a beta of 0.91. The company has a debt-to-equity ratio of -19.14, a current ratio of 17.51 and a quick ratio of 40.62. The business’s fifty day moving average is C$2.47 and its 200-day moving average is C$2.33.
Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) last released its earnings results on Tuesday, November 4th. The company reported C($0.02) earnings per share 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.
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