Shares of Entree Gold Inc (OTCMKTS:ERLFF – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $2.46 and last traded at $2.44, with a volume of 15839 shares changing hands. The stock had previously closed at $2.30.
Entree Gold Trading Up 1.7%
The firm’s 50-day moving average price is $1.72 and its 200 day moving average price is $1.67. The company has a market cap of $488.05 million, a price-to-earnings ratio of -23.40 and a beta of 0.58.
Entree Gold (OTCMKTS:ERLFF – Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported ($0.02) earnings per share for the quarter.
Entree Gold Company Profile
Entree Gold Inc is a Canada-based mineral exploration company focused on the discovery and development of copper and gold projects. The company’s core strategy centers on advancing high-potential assets in politically stable jurisdictions, with a primary emphasis on strategic partnerships and joint ventures to maximize shareholder value.
A cornerstone of Entree Gold’s portfolio is its interest in the Entrée/Oyu Tolgoi joint venture in Mongolia’s South Gobi region. Under this agreement, Entree holds a 20% participating interest in the mineralization adjacent to the giant Oyu Tolgoi copper–gold mine, operated by Rio Tinto.
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