Key Points
- Insider Christopher Adams purchased 8,200 shares of Entrée Resources at an average C$2.52 per share, investing C$20,664 and increasing his direct ownership by 13.27% to 70,000 shares.
- Adams has made several additional purchases since May, acquiring a combined 31,800 shares in the reported transactions for approximately C$78,664.
- Entrée Resources shares opened at C$2.55, with a market capitalization of about C$531.9 million; the company most recently reported quarterly EPS of negative C$0.03.
Entrée Resources Ltd. (TSE:ETG - Get Free Report) (NYSE:EGI) insider Christopher Adams purchased 8,200 shares of Entrée Resources stock in a transaction on Tuesday, August 18th. The stock was bought at an average cost of C$2.52 per share, for a total transaction of C$20,664.00. Following the transaction, the insider directly owned 70,000 shares in the company, valued at C$176,400. This represents a 13.27% increase in their ownership of the stock.
Christopher Adams also recently made the following trade(s):
- On Friday, August 14th, Christopher Adams acquired 1,800 shares of Entrée Resources stock. The stock was bought at an average price of C$2.50 per share, with a total value of C$4,500.00.
- On Friday, July 31st, Christopher Adams acquired 19,700 shares of Entrée Resources stock. The shares were bought at an average cost of C$2.50 per share, with a total value of C$49,250.00.
- On Thursday, July 30th, Christopher Adams bought 300 shares of Entrée Resources stock. The shares were purchased at an average price of C$2.50 per share, for a total transaction of C$750.00.
- On Wednesday, May 20th, Christopher Adams bought 10,000 shares of Entrée Resources stock. The shares were purchased at an average price of C$2.35 per share, for a total transaction of C$23,500.00.
Entrée Resources Stock Up 0.4%
Shares of TSE:ETG opened at C$2.55 on Wednesday. The firm's 50 day moving average price is C$2.70 and its 200 day moving average price is C$2.59. The stock has a market cap of C$531.86 million, a price-to-earnings ratio of -35.79 and a beta of 0.30. Entrée Resources Ltd. has a fifty-two week low of C$1.98 and a fifty-two week high of C$3.40. The company has a quick ratio of 40.62, a current ratio of 10.65 and a debt-to-equity ratio of -27.77.
Entrée Resources (TSE:ETG - Get Free Report) (NYSE:EGI) last posted its quarterly earnings results on Tuesday, August 11th. The company reported C($0.03) 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.
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