Shares of Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI) fell 13.1% on Wednesday . The company traded as low as C$2.59 and last traded at C$2.85. 549,974 shares were traded during mid-day trading, an increase of 196% from the average session volume of 185,807 shares. The stock had previously closed at C$3.28.
Entrée Resources Stock Performance
The company has a current ratio of 17.51, a quick ratio of 40.62 and a debt-to-equity ratio of -19.14. The stock’s 50 day moving average is C$2.43 and its 200 day moving average is C$2.32. The stock has a market capitalization of C$569.65 million, a price-to-earnings ratio of -30.44 and a beta of 0.91.
Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) last issued its quarterly earnings data on Tuesday, November 4th. The company reported C($0.02) earnings per share for the quarter.
Entrée Resources Company Profile
Entree Resources Ltd is a Canadian mining company which owns a joint venture interest on a significant portion of copper-gold projects – the Oyu Tolgoi project in Mongolia. The company’s interest in the Entree/Oyu Tolgoi joint venture has the characteristics of a royalty, with the benefits of a producer. Entree’s good financial position and high-quality asset portfolio provides solid foundation and flexibility of growth.
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