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Entrée Resources (TSE:ETG) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Entrée Resources logo with Basic Materials background

Shares of Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.61 and traded as high as C$2.22. Entrée Resources shares last traded at C$2.15, with a volume of 14,368 shares changing hands.

Entrée Resources Price Performance

The stock has a fifty day simple moving average of C$1.82 and a 200-day simple moving average of C$1.61. The company has a market capitalization of C$445.38 million, a price-to-earnings ratio of -30.71 and a beta of 1.38.

Entrée Resources (TSE:ETG - Get Free Report) NYSE: EGI last posted its earnings results on Wednesday, August 7th. The company reported C($0.01) earnings per share (EPS) 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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