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Entrée Resources (TSE:ETG) Stock Passes Above 200-Day Moving Average - What's Next?

Entrée Resources logo with Basic Materials background

Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.94 and traded as high as C$2.53. Entrée Resources shares last traded at C$2.52, with a volume of 73,552 shares.

Analyst Ratings Changes

Separately, TD Securities downgraded shares of Entrée Resources from a "buy" rating to a "hold" rating and set a C$2.00 target price on the stock. in a research report on Tuesday, November 19th.

Check Out Our Latest Stock Analysis on Entrée Resources

Entrée Resources Trading Down 1.6 %

The company has a market capitalization of C$504.36 million, a PE ratio of -35.43 and a beta of 1.38. The business's fifty day moving average is C$2.33 and its two-hundred day moving average is C$1.95.

Entrée Resources (TSE:ETG - Get Free Report) NYSE: EGI last released its quarterly earnings data on Wednesday, November 6th. The company reported C($0.01) earnings per share for the quarter.

Entrée Resources Company Profile

(Get Free Report)

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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