Entree Gold Inc (OTCMKTS:ERLFF – Get Free Report)’s share price fell 5.2% during trading on Wednesday. The stock traded as low as $2.02 and last traded at $2.02. 46,212 shares traded hands during trading, an increase of 213% from the average daily volume of 14,757 shares. The stock had previously closed at $2.13.
Entree Gold Trading Down 5.2%
The company has a market cap of $422.60 million, a P/E ratio of -28.86 and a beta of 0.61. The company’s 50-day moving average price is $1.89 and its two-hundred day moving average price is $1.87.
Entree Gold (OTCMKTS:ERLFF – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported ($0.02) earnings per share for the quarter.
About Entree Gold
Entrée Gold Inc, now known as Entrée Resources Ltd., is a Canadian mineral exploration and development company focused on copper, gold and molybdenum deposits. Its principal assets are located in Mongolia and are associated with the Oyu Tolgoi mining complex in the South Gobi region.
Through its joint venture interests, Entrée has exposure to the Hugo North Extension and Heruga deposits, which are being developed in cooperation with Oyu Tolgoi LLC and its partners. These deposits are designed to form part of the broader Oyu Tolgoi operation, one of the world’s significant copper-gold mining developments.
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