Entree Gold Inc (OTCMKTS:ERLFF – Get Free Report)’s share price dropped 5.2% on Wednesday. The stock traded as low as $2.02 and last traded at $2.02. Approximately 46,212 shares traded hands during trading, an increase of 213% from the average session volume of 14,757 shares. The stock had previously closed at $2.13.
Entree Gold Trading Down 5.2%
The company’s 50 day simple moving average is $1.89 and its 200-day simple moving average is $1.87. The company has a market capitalization of $422.60 million, a price-to-earnings ratio of -28.86 and a beta of 0.61.
Entree Gold (OTCMKTS:ERLFF – Get Free Report) last released its earnings results on Tuesday, August 11th. The company reported ($0.02) EPS for the quarter.
About Entree Gold
Entrée Gold Inc, now known as Entrée Resources Ltd., is a Canadian mineral exploration and development company focused on copper, gold and molybdenum deposits. Its principal assets are located in Mongolia and are associated with the Oyu Tolgoi mining complex in the South Gobi region.
Through its joint venture interests, Entrée has exposure to the Hugo North Extension and Heruga deposits, which are being developed in cooperation with Oyu Tolgoi LLC and its partners. These deposits are designed to form part of the broader Oyu Tolgoi operation, one of the world’s significant copper-gold mining developments.
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