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Entrée Resources (TSE:ETG) Shares Pass Above 200 Day Moving Average - Time to Sell?

Entrée Resources logo with Basic Materials background

Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI's share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.22 and traded as high as C$2.25. Entrée Resources shares last traded at C$2.21, with a volume of 84,381 shares changing hands.

Entrée Resources Stock Down 6.1 %

The firm's 50-day moving average is C$2.42 and its two-hundred day moving average is C$2.24. 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 stock has a market cap of C$292.79 million, a P/E ratio of -40.19 and a beta of 1.38.

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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