Entree Gold (OTCMKTS:ERLFF) Hits New 52-Week High – Here’s Why

Entree Gold Inc (OTCMKTS:ERLFFGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as $2.46 and last traded at $2.44, with a volume of 15839 shares traded. The stock had previously closed at $2.30.

Entree Gold Price Performance

The business’s 50 day moving average is $1.72 and its two-hundred day moving average is $1.67. The firm has a market capitalization of $488.05 million, a PE ratio of -23.40 and a beta of 0.58.

Entree Gold (OTCMKTS:ERLFFGet Free Report) last issued its earnings results on Tuesday, November 4th. The company reported ($0.02) earnings per share (EPS) for the quarter.

Entree Gold Company Profile

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Entree Gold Inc is a Canada-based mineral exploration company focused on the discovery and development of copper and gold projects. The company’s core strategy centers on advancing high-potential assets in politically stable jurisdictions, with a primary emphasis on strategic partnerships and joint ventures to maximize shareholder value.

A cornerstone of Entree Gold’s portfolio is its interest in the Entrée/Oyu Tolgoi joint venture in Mongolia’s South Gobi region. Under this agreement, Entree holds a 20% participating interest in the mineralization adjacent to the giant Oyu Tolgoi copper–gold mine, operated by Rio Tinto.

Further Reading

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