Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) announced its quarterly earnings data on Thursday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports.
Entrée Resources Price Performance
ETG stock opened at C$2.58 on Friday. The firm has a 50 day moving average price of C$2.70 and a 200-day moving average price of C$2.63. Entrée Resources has a 52-week low of C$1.98 and a 52-week high of C$3.40. The firm has a market capitalization of C$539.52 million, a price-to-earnings ratio of -36.21 and a beta of -0.06. The company has a debt-to-equity ratio of -27.77, a quick ratio of 40.62 and a current ratio of 10.65.
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.
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