Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI) insider Stephen Victor Scott sold 20,000 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of C$3.00, for a total transaction of C$60,000.00. Following the transaction, the insider owned 2,007,959 shares of the company’s stock, valued at C$6,023,877. This represents a 0.99% decrease in their ownership of the stock.
Entrée Resources Stock Down 2.3%
Shares of TSE ETG opened at C$3.01 on Friday. The company’s 50-day simple moving average is C$2.54 and its 200-day simple moving average is C$2.54. Entrée Resources Ltd. has a 52-week low of C$1.95 and a 52-week high of C$3.40. The firm has a market cap of C$627.80 million, a price-to-earnings ratio of -50.17 and a beta of 0.40. The company has a quick ratio of 40.62, a current ratio of 12.25 and a debt-to-equity ratio of -26.05.
Entrée Resources (TSE:ETG – Get Free Report) (NYSE:EGI) last released its quarterly earnings results on Thursday, May 14th. The company reported C($0.01) earnings per share for the quarter.
About Entrée Resources
Entrée Resources Ltd. is a Canadian mining company with a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. Entrée has a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi JV, depending on the depth of mineralization. Royal Gold, Inc (through its wholly owned Canadian subsidiary International Royalty Corporation) and Rio Tinto are major shareholders of Entrée, beneficially holding approximately 24% and 16% of the shares of the Company, respectively.
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