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Entree Gold
(TSX:ETG)
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Rating:48Neutral
Price Target:
C$3.00
▲(22.95% Upside)
Action:Reiterated
Date:07/01/26
The score is weighed down primarily by weak financial performance (pre-revenue, ongoing losses and cash burn, and negative equity with rising debt). Technicals provide a partial offset as the stock is above major moving averages, but valuation support is limited because earnings are negative and there is no dividend.
Positive Factors
Partner-funded exploration business model
Entree’s business model focuses on advancing mineral assets and monetizing via joint-ventures, option arrangements and partner funding. Structurally this reduces the company’s need to fund large capex, transfers exploration risk to partners and preserves optionality to realize value without operating mines.
Negative Factors
Pre-revenue and persistent losses
Entree reports no operating revenue and sustained net losses, indicating it has not commercialized assets. Persistent losses erode capital and require continued financing or asset transactions to sustain operations, constraining long-term self-funded development prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Partner-funded exploration business model
Entree’s business model focuses on advancing mineral assets and monetizing via joint-ventures, option arrangements and partner funding. Structurally this reduces the company’s need to fund large capex, transfers exploration risk to partners and preserves optionality to realize value without operating mines.
Read all positive factors
Entree Gold (ETG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$623.63M
Dividend YieldN/A
Average Volume (3M)72.54K
Price to Earnings (P/E)―
Beta (1Y)1.17
Revenue GrowthN/A
EPS Growth7.10%
CountryCA
Employees4
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.06
Shares Outstanding208,571,900
10 Day Avg. Volume122,849
30 Day Avg. Volume72,539
Financial Highlights & Ratios
PEG Ratio1.70
Price to Book (P/B)-3.87
Price to Sales (P/S)0.00
P/FCF Ratio-138.13
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Entree Gold Business Overview & Revenue Model
Company Description
Entrée Resources Ltd. operates as an exploration-stage enterprise, focusing on the discovery and development of mineral properties across diverse regions including Mongolia, Peru, Australia, and Canada. Its most significant holding is the Entrée/O...
How the Company Makes Money
Entree Gold’s revenue model is primarily tied to mineral asset advancement rather than recurring operating revenues from producing mines. The company typically seeks to create value (and potential future cash inflows) by (1) increasing the geologi...
Entree Gold Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -123.81K | -114.98K | -118.00K | -115.00K | -124.00K | -118.00K |
| EBITDA | -4.19M | ― | -4.83M | -4.54M | -3.53M | -2.94M |
| Net Income | -7.86M | -12.41M | -14.32K | -9.58M | -9.06M | -7.55M |
Balance Sheet | ||||||
| Total Assets | 5.52M | 6.38M | 3.69M | 7.21M | 7.49M | 7.78M |
| Cash, Cash Equivalents and Short-Term Investments | 3.46M | 4.32M | 2.39M | 6.09M | 6.41M | 7.09M |
| Total Debt | 21.64M | 21.22M | 16.28M | 12.76M | 11.69M | 10.36M |
| Total Liabilities | 88.63M | 87.94M | 75.00M | 71.83M | 65.03M | 62.88M |
| Stockholders Equity | -83.10M | -81.56M | -71.31M | -64.62M | -57.53M | -55.10M |
Cash Flow | ||||||
| Free Cash Flow | -2.54M | -2.29M | -3.53K | -3.10M | -2.31M | -2.19M |
| Operating Cash Flow | -2.54M | -2.29M | -3.53K | -3.10M | -2.31M | -2.15M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -33.00K |
| Financing Cash Flow | 49.13K | 4.12M | 117.00 | 2.70M | 1.86M | 1.99M |
Entree Gold Technical Analysis
Positive
2.44
Price Trends
2.61
Positive
2.55
Positive
2.49
Positive
Market Momentum
0.14
Negative
61.49
Neutral
66.01
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ETG, the sentiment is Positive. The current price of 2.44 is below the 20-day moving average (MA) of 2.82, below the 50-day MA of 2.61, and below the 200-day MA of 2.49, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 61.49 is Neutral, neither overbought nor oversold. The STOCH value of 66.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ETG.
Entree Gold Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$504.69M | -102.75 | -6.60% | ― | ― | -15.95% | |
50 Neutral | C$1.04B | -50.08 | -30.68% | ― | ― | -65.04% | |
49 Neutral | C$329.86M | 75.07 | 1.72% | ― | ― | ― | |
48 Neutral | C$623.63M | -34.22 | 13.55% | ― | ― | 7.10% | |
44 Neutral | C$102.34M | -7.73 | -20.01% | ― | ― | 13.71% | |
42 Neutral | C$855.11M | -270.27 | -0.57% | ― | ― | 28.16% |
* Basic Materials Sector Average
TSE:ETG
Entree Gold
3.00
0.49
19.52%
TSE:EMO
Emerita Resources
0.35
-1.06
-75.18%
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Erdene Resources
5.09
-0.43
-7.79%
TSE:NCX
NorthIsle Copper and Gold
3.21
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174.36%
TSE:REG
Regulus Resources
4.11
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68.44%
TSE:TLO
Talon Metals
6.00
3.35
126.50%
Entree Gold Corporate Events
Business Operations and Strategy
Entrée Resources Advances Mongolian JV License Talks and Reports Strong Oyu Tolgoi Drill Results
Positive
Apr 9, 2026
Entrée Resources reported progress on efforts to transfer the Shivee Tolgoi and Javkhlant mining licenses from its Mongolian subsidiary to joint venture partner Oyu Tolgoi LLC, a key step to advance Lift 1 Panel 1 underground development at t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.