Entree Gold Inc (OTCMKTS:ERLFF – Get Free Report)’s share price dropped 5.2% on Wednesday. The company traded as low as $2.02 and last traded at $2.02. 46,212 shares traded hands during mid-day trading, an increase of 213% from the average daily volume of 14,757 shares. The stock had previously closed at $2.13.
Entree Gold Trading Up 3.4%
The stock has a market cap of $441.43 million, a price-to-earnings ratio of -30.14 and a beta of 0.61. The stock’s 50-day moving average price is $1.89 and its 200-day moving average price is $1.88.
Entree Gold (OTCMKTS:ERLFF – Get Free Report) last posted its quarterly earnings results on Tuesday, August 11th. The company reported ($0.02) earnings per share (EPS) for the quarter.
About Entree Gold
Entrée Gold Inc, now known as Entrée Resources Ltd., is a Canadian mineral exploration and development company focused on copper, gold and molybdenum deposits. Its principal assets are located in Mongolia and are associated with the Oyu Tolgoi mining complex in the South Gobi region.
Through its joint venture interests, Entrée has exposure to the Hugo North Extension and Heruga deposits, which are being developed in cooperation with Oyu Tolgoi LLC and its partners. These deposits are designed to form part of the broader Oyu Tolgoi operation, one of the world’s significant copper-gold mining developments.
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