Entrée Resources (TSE:ETG) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Entrée Resources Ltd. (TSE:ETGGet Free Report) (NYSE:EGI)’s share price 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 Stock Performance

The company has a market capitalization of C$437.25 million, a price-to-earnings ratio of -30.71 and a beta of 1.38. The firm has a 50-day simple moving average of C$1.82 and a two-hundred day simple moving average of C$1.61.

Entrée Resources (TSE:ETGGet Free Report) (NYSE:EGI) last announced its quarterly earnings data on Wednesday, August 7th. The company reported C($0.01) earnings per share for the quarter.

About Entrée Resources

(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.

Featured Articles

Receive News & Ratings for Entrée Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entrée Resources and related companies with MarketBeat.com's FREE daily email newsletter.