Entree Gold (OTCMKTS:ERLFF) Posts Quarterly Earnings Results

Entree Gold (OTCMKTS:ERLFF) posted its quarterly earnings data on Thursday. The company reported ($0.01) EPS for the quarter, Zacks reports.

Entree Gold Stock Down 0.2%

Shares of ERLFF traded down $0.00 during mid-day trading on Friday, reaching $1.86. The company’s stock had a trading volume of 25,087 shares, compared to its average volume of 15,706. The business has a fifty day moving average of $1.92 and a 200 day moving average of $1.90. The company has a market cap of $389.55 million, a price-to-earnings ratio of -31.03 and a beta of 0.72. Entree Gold has a 1 year low of $1.43 and a 1 year high of $2.47.

Entree Gold Company Profile

Entrée Resources Ltd., formerly known as Entree Gold Inc, is a mineral exploration and development company focused on copper and gold properties. The company’s principal asset is its interest in the Entrée/Oyu Tolgoi joint venture in Mongolia, which includes portions of the Hugo North Extension and Heruga copper-gold deposits.

The Oyu Tolgoi project is located in Mongolia’s South Gobi region and is operated by Rio Tinto through its ownership and management of Oyu Tolgoi LLC. Entrée Resources holds a participating interest in certain joint-venture property areas and is entitled to potential production and other benefits from minerals extracted from those areas, subject to the applicable joint-venture arrangements.

The company’s activities include mineral exploration, project development and participation in technical and operational planning related to its Mongolian assets.