Entree Gold (OTCMKTS:ERLFF – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports.
Entree Gold Stock Performance
Entree Gold stock traded up $0.13 during mid-day trading on Friday, reaching $2.03. The company’s stock had a trading volume of 62,200 shares, compared to its average volume of 28,598. Entree Gold has a 12-month low of $1.30 and a 12-month high of $2.47. The company has a market capitalization of $422.98 million, a P/E ratio of -20.28 and a beta of 0.52. The firm’s fifty day moving average price is $1.98 and its two-hundred day moving average price is $1.74.
About Entree Gold
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.
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