Entree Resources (TSE:ETG) Price Target Lowered to C$0.30 at TD Securities

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Entree Resources (TSE:ETG) (NYSE:EGI) had its price target decreased by TD Securities from C$0.45 to C$0.30 in a report issued on Tuesday, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.

ETG opened at C$0.26 on Tuesday. Entree Resources has a 12-month low of C$0.22 and a 12-month high of C$0.61. The firm has a market capitalization of $43.72 million and a PE ratio of -8.50. The firm has a 50 day moving average of C$0.27 and a two-hundred day moving average of C$0.37.

Entree Resources (TSE:ETG) (NYSE:EGI) last posted its quarterly earnings results on Thursday, August 8th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Entree Resources Company Profile

Entrée Resources Ltd., an exploration stage company, engages in the exploration of mineral resource properties located in Mongolia, Peru, Australia, and Canada. Its principal property is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold porphyry deposit and the Heruga copper-gold-molybdenum porphyry deposit located in Mongolia.

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