Shares of Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.75 and traded as high as C$2.31. Entrée Resources shares last traded at C$2.20, with a volume of 64,433 shares trading hands.
Analyst Upgrades and Downgrades
Separately, TD Securities cut Entrée Resources from a "buy" rating to a "hold" rating and set a C$2.00 price objective for the company. in a research note on Tuesday, November 19th.
Check Out Our Latest Stock Report on ETG
Entrée Resources Stock Performance
The company has a market capitalization of C$469.78 million, a price-to-earnings ratio of -33.00 and a beta of 1.38. The company has a 50-day moving average price of C$2.12 and a 200-day moving average price of C$1.76.
About Entrée Resources
(
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Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.
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