Entrée Resources (TSE:ETG) Cut to Hold at TD Securities

TD Securities lowered shares of Entrée Resources (TSE:ETG) (NYSE:EGI) from a buy rating to a hold rating in a research note released on Tuesday, Marketbeat reports. TD Securities currently has C$2.00 price target on the stock.

Entrée Resources Price Performance

TSE:ETG opened at C$2.07 on Tuesday. Entrée Resources has a 12 month low of C$1.14 and a 12 month high of C$2.39. The firm has a market capitalization of C$420.98 million, a PE ratio of -28.86 and a beta of 1.38. The business’s fifty day moving average price is C$2.03 and its 200 day moving average price is C$1.68.

Entrée Resources Company Profile

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.