Entree Gold Inc (OTCMKTS:ERLFF) Short Interest Update

Entree Gold Inc (OTCMKTS:ERLFF) saw a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 269,578 shares, a growth of 57.3% from the January 15th total of 171,420 shares. Based on an average trading volume of 75,075 shares, the short-interest ratio is presently 3.6 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 75,075 shares, the short-interest ratio is presently 3.6 days.

Entree Gold Trading Up 0.9%

OTCMKTS:ERLFF traded up $0.02 during trading hours on Monday, hitting $2.13. The company had a trading volume of 6,530 shares, compared to its average volume of 28,822. Entree Gold has a 1 year low of $1.30 and a 1 year high of $2.47. The company has a 50-day moving average of $1.85 and a 200 day moving average of $1.70. The company has a market cap of $443.84 million, a P/E ratio of -21.28 and a beta of 0.56.

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.