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Entrée Resources (TSE:ETG) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Entrée Resources logo with Basic Materials background

Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI's stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$2.27 and traded as high as C$2.41. Entrée Resources shares last traded at C$2.35, with a volume of 152,163 shares traded.

Entrée Resources Stock Performance

The company has a market cap of C$326.46 million, a P/E ratio of -44.81 and a beta of 1.38. The stock's 50-day moving average price is C$2.14 and its 200-day moving average price is C$2.27. The company has a debt-to-equity ratio of -19.14, a current ratio of 17.51 and a quick ratio of 40.62.

About Entrée Resources

(Get Free Report)

Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.

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