Entrée Resources (OTCMKTS:ERLFF) Cut to Hold at TD Securities

TD Securities lowered shares of Entrée Resources (OTCMKTS:ERLFF) from a buy rating to a hold rating in a research report released on Tuesday, MarketBeat reports.

Entrée Resources Stock Up 4.8 %

Shares of OTCMKTS:ERLFF opened at $1.48 on Tuesday. The company has a market cap of $301.53 million, a price-to-earnings ratio of -29.65 and a beta of 1.17. The business has a 50 day moving average price of $1.49 and a 200 day moving average price of $1.23. Entrée Resources has a twelve month low of $0.84 and a twelve month high of $1.75.

About Entrée Resources

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.