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Entrée Resources (TSE:ETG) Stock Crosses Above 200 Day Moving Average - Should You Sell?

Entrée Resources logo with Basic Materials background

Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI shares 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 changing hands.

Entrée Resources Stock Down 1.7%

The company has a market cap of C$344.03 million, a P/E ratio of -47.22 and a beta of 1.38. The company has a debt-to-equity ratio of -19.14, a current ratio of 17.51 and a quick ratio of 40.62. The company's 50-day moving average is C$2.14 and its two-hundred day moving average is C$2.27.

Entrée Resources Company Profile

(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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