Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI's share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.12 and traded as high as C$2.59. Entrée Resources shares last traded at C$2.57, with a volume of 36,120 shares trading hands.
Analyst Upgrades and Downgrades
Separately, TD Securities cut shares of Entrée Resources from a "buy" rating to a "hold" rating and set a C$2.00 target price for the company. in a research report on Tuesday, November 19th.
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Entrée Resources Stock Performance
The firm has a market cap of C$363.06 million, a price-to-earnings ratio of -49.83 and a beta of 1.38. The stock has a 50 day moving average of C$2.54 and a 200 day moving average of C$2.14. The company has a quick ratio of 40.62, a current ratio of 17.51 and a debt-to-equity ratio of -19.14.
Entrée Resources Company Profile
(
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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.
Further Reading
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