Entrée Resources (TSE:ETG) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Entrée Resources Ltd. (TSE:ETGGet Free Report) (NYSE:EGI) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.58 and traded as high as C$2.20. Entrée Resources shares last traded at C$2.19, with a volume of 77,976 shares.

Entrée Resources Trading Down 2.2 %

The company has a 50-day simple moving average of C$1.72 and a 200 day simple moving average of C$1.58. The company has a market cap of C$445.38 million, a P/E ratio of -31.29 and a beta of 1.38.

Entrée Resources (TSE:ETGGet Free Report) (NYSE:EGI) last announced its quarterly earnings results on Wednesday, August 7th. The company reported C($0.01) earnings per share (EPS) for the quarter.

About Entrée Resources

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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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