Entrée Resources (TSE:ETG) Insider Christopher Adams Purchases 8,200 Shares of Stock

Entrée Resources Ltd. (TSE:ETG) (NYSE:EGI) insider Christopher Adams purchased 8,200 shares of Entrée Resources stock in a transaction dated Tuesday, August 18th. The shares were purchased at an average cost of C$2.52 per share, for a total transaction of C$20,664.00. Following the transaction, the insider owned 70,000 shares in the company, valued at approximately C$176,400. This trade represents a 13.27% increase in their position.

Christopher Adams also recently made the following trade(s):

• On Friday, August 14th, Christopher Adams purchased 1,800 shares of Entrée Resources stock. The stock was acquired at an average cost of C$2.50 per share, for a total transaction of C$4,500.00.
• On Friday, July 31st, Christopher Adams bought 19,700 shares of Entrée Resources stock. The stock was bought at an average cost of C$2.50 per share, for a total transaction of C$49,250.00.
• On Thursday, July 30th, Christopher Adams acquired 300 shares of Entrée Resources stock. The stock was bought at an average price of C$2.50 per share, for a total transaction of C$750.00.
• On Wednesday, May 20th, Christopher Adams purchased 10,000 shares of Entrée Resources stock. The shares were purchased at an average price of C$2.35 per share, for a total transaction of C$23,500.00.

Entrée Resources Stock Performance

Shares of Entrée Resources stock opened at C$2.55 on Wednesday. The stock has a market capitalization of C$531.86 million, a price-to-earnings ratio of -35.79 and a beta of 0.30. Entrée Resources Ltd. has a 12 month low of C$1.98 and a 12 month high of C$3.40. The company has a debt-to-equity ratio of -27.77, a current ratio of 10.65 and a quick ratio of 40.62. The business has a 50-day moving average of C$2.70 and a 200 day moving average of C$2.59.

Entrée Resources (TSE:ETG) (NYSE:EGI) last announced its quarterly earnings data on Tuesday, August 11th. The company reported C($0.03) earnings per share for the quarter.

Entrée Resources Company Profile

Entrée Resources Ltd. is a Canadian mining company with a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. Entrée has a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi JV, depending on the depth of mineralization. Royal Gold, Inc (through its wholly owned Canadian subsidiary International Royalty Corporation) and Rio Tinto are major shareholders of Entrée, beneficially holding approximately 24% and 16% of the shares of the Company, respectively.