Entrée Resources (OTCMKTS:ERLFF) Downgraded to “Hold” Rating by TD Securities

Entrée Resources (OTCMKTS:ERLFF) was downgraded by investment analysts at TD Securities from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday,Briefing.com Automated Import reports.

Entrée Resources Trading Down 4.7 %

OTCMKTS:ERLFF opened at $1.42 on Tuesday. The stock has a 50-day moving average price of $1.49 and a 200 day moving average price of $1.23. Entrée Resources has a 12-month low of $0.84 and a 12-month high of $1.75. The stock has a market capitalization of $287.80 million, a P/E ratio of -28.30 and a beta of 1.17.

Entrée Resources Company Profile

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.