Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI's share price dropped 6.3% during trading on Tuesday . The company traded as low as C$2.22 and last traded at C$2.22. Approximately 144,545 shares changed hands during trading, an increase of 131% from the average daily volume of 62,536 shares. The stock had previously closed at C$2.37.
Analyst Ratings Changes
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 report on Tuesday, November 19th.
Read Our Latest Stock Report on Entrée Resources
Entrée Resources Stock Performance
The stock's fifty day simple moving average is C$2.12 and its 200-day simple moving average is C$1.73. The stock has a market cap of C$453.52 million, a P/E ratio of -31.86 and a beta of 1.38.
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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