Entree Gold (OTCMKTS:ERLFF) Announces Quarterly Earnings Results

Entree Gold (OTCMKTS:ERLFF) posted its quarterly earnings data on Thursday. The company reported ($0.02) EPS for the quarter, Zacks reports.

Entree Gold Trading Up 6.3%

Shares of OTCMKTS ERLFF traded up $0.12 during midday trading on Friday, reaching $2.02. 62,100 shares of the company were exchanged, compared to its average volume of 28,698. The stock has a market cap of $421.32 million, a P/E ratio of -20.20 and a beta of 0.52. Entree Gold has a 1 year low of $1.30 and a 1 year high of $2.47. The stock has a fifty day simple moving average of $1.98 and a 200 day simple moving average of $1.74.

Entree Gold Company Profile

Entree Gold Inc is a Canada-based mineral exploration company focused on the discovery and development of copper and gold projects. The company’s core strategy centers on advancing high-potential assets in politically stable jurisdictions, with a primary emphasis on strategic partnerships and joint ventures to maximize shareholder value.

A cornerstone of Entree Gold’s portfolio is its interest in the Entrée/Oyu Tolgoi joint venture in Mongolia’s South Gobi region. Under this agreement, Entree holds a 20% participating interest in the mineralization adjacent to the giant Oyu Tolgoi copper–gold mine, operated by Rio Tinto.