Entrée Resources (TSE:ETG - Get Free Report) NYSE: EGI was downgraded by stock analysts at TD Securities from a "buy" rating to a "hold" rating in a research report issued on Tuesday,BayStreet.CA reports. They presently have a C$2.00 target price on the stock. TD Securities' price target would suggest a potential downside of 2.44% from the stock's previous close.
Entrée Resources Stock Performance
TSE ETG remained flat at C$2.05 during trading on Tuesday. 15,989 shares of the company's stock were exchanged, compared to its average volume of 61,484. Entrée Resources has a 1-year low of C$1.14 and a 1-year high of C$2.39. The stock has a market cap of C$416.91 million, a price-to-earnings ratio of -29.29 and a beta of 1.38. The company has a 50-day simple moving average of C$2.01 and a 200 day simple moving average of C$1.67.
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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