Christopher Adams Buys 10,000 Shares of Entrée Resources (TSE:ETG) Stock

Entrée Resources Ltd. (TSE:ETG) (NYSE:EGI) Director Christopher Adams bought 10,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was bought at an average price of C$2.35 per share, with a total value of C$23,500.00. Following the completion of the acquisition, the director owned 10,000 shares of the company’s stock, valued at C$23,500. This trade represents a ∞ increase in their position.

Entrée Resources Price Performance

Entrée Resources stock opened at C$2.45 on Wednesday. Entrée Resources Ltd. has a 1 year low of C$1.90 and a 1 year high of C$3.40. The firm has a 50 day moving average price of C$2.43 and a 200 day moving average price of C$2.49. The company has a market cap of C$511.00 million, a price-to-earnings ratio of -40.83 and a beta of 0.62. The company has a debt-to-equity ratio of -26.05, a quick ratio of 40.62 and a current ratio of 12.25.

Entrée Resources (TSE:ETG) (NYSE:EGI) last released its earnings results on Thursday, May 14th. The company reported C($0.01) earnings per share (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.