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Entrée Resources (TSE:ETG) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

Entrée Resources logo with Basic Materials background

Entrée Resources Ltd. (TSE:ETG - Get Free Report) NYSE: EGI shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.30 and traded as high as C$2.49. Entrée Resources shares last traded at C$2.46, with a volume of 88,333 shares traded.

Entrée Resources Trading Down 0.8%

The firm has a market cap of C$349.89 million, a PE ratio of -48.03 and a beta of 1.38. The company's 50 day moving average price is C$2.24 and its two-hundred day moving average price is C$2.30. The company has a quick ratio of 40.62, a current ratio of 17.51 and a debt-to-equity ratio of -19.14.

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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