Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) announced its quarterly earnings data on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports.
Entrée Resources Stock Performance
TSE:ETG traded down C$0.22 during trading hours on Thursday, hitting C$2.58. 47,084 shares of the company were exchanged, compared to its average volume of 98,394. The company has a debt-to-equity ratio of -27.77, a current ratio of 10.65 and a quick ratio of 40.62. Entrée Resources has a 52-week low of C$1.98 and a 52-week high of C$3.40. The stock has a market capitalization of C$539.52 million, a price-to-earnings ratio of -36.21 and a beta of -0.06. The company’s 50 day moving average price is C$2.70 and its 200-day moving average price is C$2.64.
About Entrée Resources
Entrée Resources Ltd. is a Canadian mining company with a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. Entrée has a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi JV, depending on the depth of mineralization. Royal Gold, Inc (through its wholly owned Canadian subsidiary International Royalty Corporation) and Rio Tinto are major shareholders of Entrée, beneficially holding approximately 24% and 16% of the shares of the Company, respectively.
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