Entree Resources (TSE:ETG) (NYSE:EGI) had its target price lowered by TD Securities from C$0.65 to C$0.45 in a research report sent to investors on Wednesday morning, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.
Shares of TSE:ETG opened at C$0.34 on Wednesday. Entree Resources has a 1 year low of C$0.32 and a 1 year high of C$0.61. The stock has a market cap of $59.46 million and a price-to-earnings ratio of -12.14. The company’s 50 day simple moving average is C$0.41.
Entree Resources (TSE:ETG) (NYSE:EGI) last announced its earnings results on Tuesday, May 14th. The company reported C($0.01) earnings per share (EPS) for the quarter.
Entree Resources Company Profile
Entrée Resources Ltd., an exploration stage company, engages in the exploration of mineral resource properties located in Mongolia, Peru, Australia, and Canada. Its principal property is the Entrée/Oyu Tolgoi joint venture property comprising Hugo North Extension copper-gold porphyry deposit and the Heruga copper-gold-molybdenum porphyry deposit located in Mongolia.
Further Reading: Current Ratio
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