Insider Buying: Entrée Resources (TSE:ETG) Insider Purchases 19,700 Shares of Stock

Entrée Resources Ltd. (TSE:ETG - Get Free Report) (NYSE:EGI) insider Christopher Adams acquired 19,700 shares of the firm's stock in a transaction that occurred on Friday, July 31st. The shares were bought at an average price of C$2.50 per share, with a total value of C$49,250.00. Following the completion of the purchase, the insider directly owned 60,000 shares in the company, valued at C$150,000. The trade was a 48.88% increase in their ownership of the stock.

Christopher Adams also recently made the following trade(s):

  • On Thursday, July 30th, Christopher Adams acquired 300 shares of Entrée Resources stock. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$750.00.
  • On Wednesday, May 20th, Christopher Adams acquired 10,000 shares of Entrée Resources stock. The shares were bought at an average cost of C$2.35 per share, for a total transaction of C$23,500.00.

Entrée Resources Price Performance

ETG opened at C$2.42 on Monday. The firm has a market capitalization of C$504.74 million, a PE ratio of -40.33 and a beta of 0.34. The company has a debt-to-equity ratio of -26.05, a current ratio of 12.25 and a quick ratio of 40.62. The business's 50-day moving average is C$2.68 and its two-hundred day moving average is C$2.63. Entrée Resources Ltd. has a 1 year low of C$1.95 and a 1 year high of C$3.40.

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) EPS for the quarter.

Entrée Resources Company Profile

(Get Free Report)




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.

Further Reading

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