|Bid||0.0000 x 4000|
|Ask||0.0000 x 900|
|Day's Range||0.1800 - 0.1950|
|52 Week Range||0.0451 - 0.4600|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.79|
VANCOUVER, Nov. 5, 2019 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG; OTCQB: ERLFF – the "Company" or "Entrée") announces that Turquoise Hill Resources Ltd. ("Turquoise Hill") provided an update on November 4, 2019 that the construction of Shaft 2 on the Oyu Tolgoi underground project is complete and is in the final stages of commissioning. As noted by Turquoise Hill, Shaft 2 is a 10 metre diameter shaft that is sunk approximately 1.3 kilometres below the surface. The completion of Shaft 2 is a significant milestone achieved, as it will allow for up to 300 people in the service hoist and lift up to 60 tonne skips in the production hoist, both of which will accelerate the development of the underground Oyu Tolgoi copper-gold mine.
OTCQB:ERLFF – the "Company" or "Entrée") is pleased to announce that, effective October 1, 2019, the Company's common shares will commence trading on the Over-the-Counter OTCQB Venture Market (the "OTCQB") in the United States, under the symbol "ERLFF". Entrée's shares continue to trade on the Toronto Stock Exchange under the symbol "ETG". Information relating to Entrée as well as Real-Time level 2 quotes for the Company will be available on www.otcmarkets.com.
NYSE American:EGI – the "Company" or "Entrée") today announces its intention to file a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) ("Form 25") with the U.S. Securities and Exchange Commission (the "SEC") to voluntarily withdraw its common shares from listing on NYSE American LLC ("NYSE American"). The Company anticipates filing with the SEC a Form 25 on September 20, 2019 and expects the last day of trading on NYSE American to be on or about September 30, 2019 (approximately 10 days after filing the Form 25).
NYSE American:EGI – the "Company" or "Entrée") has today filed its interim financial results for the second quarter ended June 30, 2019 . The Oyu Tolgoi project in Mongolia includes two separate land holdings: the Oyu Tolgoi mining licence, which is held by Entrée's joint venture partner Oyu Tolgoi LLC ("OTLLC") and the Entrée/Oyu Tolgoi JV Property, which is a partnership between Entrée and OTLLC.
NYSE American:EGI – the "Company" or "Entrée") has today filed its interim financial results for the first quarter ended March 31, 2019. The Oyu Tolgoi project in Mongolia includes two separate land holdings: the Oyu Tolgoi mining licence, which is held by Entrée's joint venture partner Oyu Tolgoi LLC ("OTLLC") and the Entrée/Oyu Tolgoi JV Property, which is a partnership between Entrée and OTLLC.
NYSE American:EGI – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2018 . On January 15, 2018 , the Company reported the results of an updated Technical Report titled "Entrée/Oyu Tolgoi Joint Venture Project, Mongolia , NI 43-101 Technical Report" (the "2018 Technical Report") that was completed by Wood Canada Limited (formerly Amec Foster Wheeler Americas Limited) on its interest in the Entrée/Oyu Tolgoi joint venture property in Mongolia (the "Entrée/Oyu Tolgoi JV Property").
So close, and yet so far. That sums up the state of the markets recently, with investors jittery over the sudden chill surrounding U.S.-China relations. In an about-face on the trade dispute, President Trump conceded that tariffs on Chinese goods may remain for a "substantial period of time." Simultaneously, this hurts the broader markets but it also raises prospects for cheap stocks.I know what you're thinking: why should I consider cheap stocks to buy when blue-chip names are also available for deeply discounted prices? Far be it from me to disagree with that logic. Typically, you accrue the biggest profits from striking while others are panicking. But after you're comfortable with your high-probability bets, penny stocks provide exceptionally robust return potential.We should also discuss the "under-the-radar" argument. News such as the trade-war dispute disproportionately hurt the blue chips because they're usually multinational corporations with global vulnerabilities. While penny stocks also suffer the trickle-down effect, they're more likely to move on sector-specific developments.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best ETFs to Buy in the Second Quarter With that in mind, let's take a look at three (very) cheap stocks to buy that are worth every penny: Entree Resources (EGI)Source: Jeremy Vohwinkle via Flickr (Modified)Entree Resources (NYSEAMERICAN:EGI) is one of the penny stocks that actually benefits from broader and sector-specific trends. With all eyes focused on the suddenly deteriorating trade-war dispute, investors get nervous. When investors get nervous, they buy gold. Naturally, as a gold miner, EGI has a lot to gain.Another thing that intrigued me about EGI as a candidate for cheap stocks to buy is its locality. Most speculative miners have projects in extremely unstable countries just begging for nationalization. While Entree's main property in Mongolia isn't the greatest region for stability, it's also not the worst. Over the last few years, Mongolia improved its standing for ease of doing business.Additionally, the gold price has also improved, gaining roughly 10% since the first of October. That's a net positive for EGI stock, especially since it might go higher still. However, keep in mind that gold is extremely volatile, so don't lever yourself excessively. Genius Brands International (GNUS)Source: Shutterstock The entertainment industry is a tough sector in which to survive, let alone thrive. What works and what doesn't often seem arbitrary. Moreover, maintaining relevance is a gargantuan task once you've accomplished the already difficult task of delivering a hit. But the prospect of finding that hit drives Genius Brands International (NASDAQ:GNUS).GNUS specializes in creating compelling content and characters. Where it differs compared to other cheap stocks in the entertainment field is the company's core audience: toddlers to tweens. This is an exceptionally challenging market to crack because you're dealing with two audiences: the young consumer and their parents/guardians. * 10 Stocks on the Rise Heading Into the Second Quarter At the same time, GNUS has a viable pathway to profound growth. The reason? Brands such as cartoon characters translate very well internationally. If it resonates in America, it will probably resonate everywhere else. Novavax (NVAX)Source: Shutterstock Over the past few years, vaccination captured the public's attention, and not always in a good way. With President Trump's election, an increasing number of people became aware of so-called alternative-truth movements. Many of these right-leaning organizations rally fiercely against vaccination, particularly government-imposed protocols.On the surface, that doesn't help Novavax (NASDAQ:NVAX), which specializes in the stuff. Nor does the fact that NVAX is one of the riskiest penny stocks to buy. Since Feb. 27, shares have plummeted nearly 71%. Even more concerning is the reason why NVAX fell.In a clinical trial, the company's NanoFlu treatment failed to beat placebo. In other words, positive thinking yielded roughly the same efficacy in preventing influenza than the vaccine.Given that NVAX is a fundamentally poor organization, I'm not surprised that shares fell. However, keep in mind that most Americans support vaccination. Therefore, the broader financial incentive to stay the course until efficacy improves is incredibly high.As of this writing, Josh Enomoto is long gold. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Retail Stocks That Will Continue to Rebound in 2019 * 5 Stocks To Buy for the Happiest Employees * 7 ETFs for a Millennial Portfolio Compare Brokers The post 3 Cheap Stocks to Buy That Are Worth Every Penny appeared first on InvestorPlace.