Entree Gold (OTCMKTS:ERLFF) Stock Price Up 0.9% – Here’s What Happened

Entree Gold Inc (OTCMKTS:ERLFF)’s stock price shot up 0.9% during mid-day trading on Friday . The company traded as high as $2.1280 and last traded at $2.1280. 6,530 shares traded hands during trading, a decline of 79% from the average session volume of 31,839 shares. The stock had previously closed at $2.1099.

Entree Gold Stock Performance

The stock has a market cap of $443.84 million, a price-to-earnings ratio of -21.28 and a beta of 0.56. The business has a 50-day simple moving average of $1.85 and a two-hundred day simple moving average of $1.70.

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.