Entrée Resources (TSE:ETG) Sets New 52-Week High – Here’s Why

Posted by Scott Moore on Jan 5th, 2025

Entrée Resources Ltd. (TSE:ETG – Get Free Report) (NYSE:EGI) hit a new 52-week high during trading on Friday . The stock traded as high as C$2.70 and last traded at C$2.67, with a volume of 136057 shares trading hands. The stock had previously closed at C$2.44.

Analysts Set New Price Targets

Separately, TD Securities lowered shares of Entrée Resources from a “buy” rating to a “hold” rating and set a C$2.00 price objective on the stock. in a research note on Tuesday, November 19th.

Check Out Our Latest Report on ETG

Entrée Resources Trading Up 12.3 %

The firm has a market cap of C$557.23 million, a price-to-earnings ratio of -39.14 and a beta of 1.38. The company has a fifty day moving average price of C$2.17 and a 200-day moving average price of C$1.83.

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.