Entrée Resources (TSE:ETG) Posts Quarterly Earnings Results

Entrée Resources (TSE:ETG) (NYSE:EGI) announced its quarterly earnings data on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports.

Entrée Resources Price Performance

TSE ETG traded down C$0.19 during trading hours on Friday, reaching C$2.44. The company’s stock had a trading volume of 36,850 shares, compared to its average volume of 104,763. Entrée Resources has a 1 year low of C$1.90 and a 1 year high of C$3.40. The company has a quick ratio of 40.62, a current ratio of 11.61 and a debt-to-equity ratio of -26.01. The company has a market capitalization of C$508.92 million, a price-to-earnings ratio of -40.67 and a beta of 0.62. The firm’s 50-day moving average price is C$2.45 and its 200-day moving average price is C$2.48.

Entrée Resources Company Profile

Entree Resources Ltd is a Canadian mining company which owns a joint venture interest on a significant portion of copper-gold projects – the Oyu Tolgoi project in Mongolia. The company’s interest in the Entree/Oyu Tolgoi joint venture has the characteristics of a royalty, with the benefits of a producer. Entree’s good financial position and high-quality asset portfolio provides solid foundation and flexibility of growth.