Entree Gold (OTCMKTS:ERLFF) Stock Price Up 1.9% - Should You Buy?

Key Points

• Entree Gold's shares increased by 1.9% during trading, reaching a high of $1.61 before closing at $1.60.
• The company recently reported a quarterly loss of $0.03 earnings per share, reflecting ongoing challenges in its financial performance.
• Entree Resources Ltd. is primarily focused on the exploration and development of mineral properties, with its notable asset being the Entrée/Oyu Tolgoi joint venture in Mongolia.

Shares of Entree Gold Inc (OTCMKTS:ERLFF - Get Free Report) traded up 1.9% during mid-day trading on Thursday . The stock traded as high as $1.61 and last traded at $1.60. 14,792 shares were traded during trading, a decline of 38% from the average session volume of 23,806 shares. The stock had previously closed at $1.57.

Entree Gold Stock Down 1.3%

The stock has a market cap of $327.69 million, a price-to-earnings ratio of -17.56 and a beta of 0.80. The stock has a fifty day moving average of $1.64 and a two-hundred day moving average of $1.60.

Entree Gold (OTCMKTS:ERLFF - Get Free Report) last announced its earnings results on Thursday, August 14th. The company reported ($0.03) earnings per share (EPS) for the quarter.

Entree Gold Company Profile

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.