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Entrée Resources (TSE:ETG) Trading Up 13.7% - Here's What Happened

Entrée Resources logo with Basic Materials background

Shares of Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI shot up 13.7% during mid-day trading on Monday . The company traded as high as C$2.10 and last traded at C$2.07. 98,181 shares traded hands during mid-day trading, an increase of 73% from the average session volume of 56,848 shares. The stock had previously closed at C$1.82.

Entrée Resources Stock Performance

The company has a 50-day moving average of C$1.89 and a 200 day moving average of C$1.63. The firm has a market cap of C$427.08 million, a P/E ratio of -30.71 and a beta of 1.38.

Entrée Resources (TSE:ETG - Get Free Report) NYSE: EGI last issued its quarterly earnings data on Wednesday, August 7th. 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.

Further Reading

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