Shares of Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.15 and traded as high as C$2.35. Entrée Resources shares last traded at C$2.22, with a volume of 239,825 shares changing 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 price objective for the company. in a research report on Tuesday, November 19th.
Check Out Our Latest Stock Report on Entrée Resources
Entrée Resources Stock Performance
The company has a debt-to-equity ratio of -19.14, a quick ratio of 40.62 and a current ratio of 17.51. The company has a market capitalization of C$326.46 million, a price-to-earnings ratio of -44.81 and a beta of 1.38. The firm has a 50-day simple moving average of C$2.53 and a two-hundred day simple moving average of C$2.17.
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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