Entree Gold (OTCMKTS:ERLFF) Issues Earnings Results

Entree Gold (OTCMKTS:ERLFFGet Free Report) announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.

Entree Gold Stock Performance

ERLFF traded down $0.07 on Thursday, reaching $2.15. 5,010 shares of the company’s stock were exchanged, compared to its average volume of 11,796. The company has a market cap of $448.43 million, a price-to-earnings ratio of -26.88 and a beta of 0.50. Entree Gold has a twelve month low of $1.42 and a twelve month high of $2.47. The company’s 50 day moving average is $1.84 and its 200-day moving average is $1.85.

Entree Gold Company Profile

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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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Earnings History for Entree Gold (OTCMKTS:ERLFF)

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