Entrée Resources (TSE:ETG) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Entrée Resources Ltd. (TSE:ETGGet Free Report) (NYSE:EGI) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.22 and traded as high as C$2.25. Entrée Resources shares last traded at C$2.21, with a volume of 84,381 shares changing hands.

Entrée Resources Trading Up 0.5 %

The company has a quick ratio of 40.62, a current ratio of 17.51 and a debt-to-equity ratio of -19.14. The company has a market capitalization of C$323.53 million, a P/E ratio of -44.41 and a beta of 1.38. The firm’s 50-day moving average price is C$2.45 and its 200 day moving average price is C$2.22.

Entrée Resources Company Profile

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Entrée Resources Ltd., a mining company, engages in the exploration, evaluation, and development of mineral property interests in Canada. Its principal asset is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit located in Mongolia.

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