Entree Resources Ltd (NYSEMKT:EGI) Lifted to Sell at BidaskClub

Entree Resources Ltd (NYSEAMERICAN:EGI) (TSE:ETG) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Saturday, November 4th.

Entree Resources (EGI) traded up $0.04 during midday trading on Friday, hitting $0.49. The company’s stock had a trading volume of 327,500 shares, compared to its average volume of 126,646. Entree Resources has a 52 week low of $0.21 and a 52 week high of $0.72.

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A hedge fund recently raised its stake in Entree Resources stock. Royal Bank of Canada raised its stake in Entree Resources Ltd (NYSEAMERICAN:EGI) (TSE:ETG) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,651,550 shares of the basic materials company’s stock after buying an additional 16,156 shares during the period. Royal Bank of Canada owned approximately 1.53% of Entree Resources worth $1,004,000 as of its most recent filing with the SEC.

About Entree Resources

Entree Resources Ltd, formerly Entree Gold Inc, is a Canada-based mineral exploration company with a carried joint venture interest in copper-gold projects the Oyu Tolgoi project in Mongolia. The Entree/Oyu Tolgoi Joint Venture Property includes the Hugo North Extension and Heruga copper-gold deposits, as well as underexplored land package.

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