Entrée Resources (OTCMKTS:ERLFF) Shares Down 3.2% – Should You Sell?

by · The Cerbat Gem

Entrée Resources Ltd. (OTCMKTS:ERLFF – Get Free Report)’s share price dropped 3.2% on Friday . The stock traded as low as $1.62 and last traded at $1.62. Approximately 12,050 shares traded hands during trading, a decline of 30% from the average daily volume of 17,228 shares. The stock had previously closed at $1.67.

Entrée Resources Price Performance

The stock has a market capitalization of $328.88 million, a P/E ratio of -32.34 and a beta of 1.13. The company’s 50 day simple moving average is $1.25 and its two-hundred day simple moving average is $1.15.

Entrée Resources (OTCMKTS:ERLFF – Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter.

Entrée Resources Company Profile

(Get Free Report)

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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