Stephen Victor Scott Sells 20,000 Shares of Entrée Resources (TSE:ETG) Stock

Entrée Resources Ltd. (TSE:ETG) (NYSE:EGI) insider Stephen Victor Scott sold 20,000 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of C$3.00, for a total transaction of C$60,000.00. Following the transaction, the insider directly owned 2,007,959 shares of the company’s stock, valued at C$6,023,877. The trade was a 0.99% decrease in their position.

Entrée Resources Price Performance

Entrée Resources stock opened at C$3.08 on Thursday. Entrée Resources Ltd. has a fifty-two week low of C$1.95 and a fifty-two week high of C$3.40. The company has a debt-to-equity ratio of -26.05, a quick ratio of 40.62 and a current ratio of 12.25. The firm has a 50 day moving average price of C$2.53 and a 200 day moving average price of C$2.53. The company has a market capitalization of C$642.40 million, a PE ratio of -51.33 and a beta of 0.40.

Entrée Resources (TSE:ETG) (NYSE:EGI) last released its quarterly earnings results on Thursday, May 14th. The company reported C($0.01) EPS for the quarter.

About Entrée Resources

Entrée Resources Ltd. is a Canadian mining company with a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. Entrée has a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi JV, depending on the depth of mineralization. Royal Gold, Inc (through its wholly owned Canadian subsidiary International Royalty Corporation) and Rio Tinto are major shareholders of Entrée, beneficially holding approximately 24% and 16% of the shares of the Company, respectively.