Entrée Resources (TSE:ETG) Posts Earnings Results

Entrée Resources (TSE:ETG) (NYSE:EGI) issued its earnings results on Thursday. The company reported C($0.04) earnings per share for the quarter, FiscalAI reports.

Entrée Resources Price Performance

Entrée Resources stock opened at C$2.57 on Friday. The company has a current ratio of 17.73, a quick ratio of 40.62 and a debt-to-equity ratio of -25.00. The stock has a market cap of C$534.31 million, a P/E ratio of -28.56 and a beta of 0.34. The company has a fifty day simple moving average of C$2.70 and a 200-day simple moving average of C$2.41. Entrée Resources has a 12-month low of C$1.83 and a 12-month high of C$3.40.

About Entrée Resources

Entree Resources Ltd is a Canadian mining company which owns a joint venture interest on a significant portion of copper-gold projects – the Oyu Tolgoi project in Mongolia. The company’s interest in the Entree/Oyu Tolgoi joint venture has the characteristics of a royalty, with the benefits of a producer. Entree’s good financial position and high-quality asset portfolio provides solid foundation and flexibility of growth.