Entree Gold (ETG) AI Stock Analysis

• Market Cap: $418.95M
• Dividend Yield: N/A
• Average Volume (3M): 83.47K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: N/A
• EPS Growth: -49.38%
• Country: CA
• Employees: 4
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 207,400,940
• 10 Day Avg. Volume: 113,347
• 30 Day Avg. Volume: 83,474
• PEG Ratio: 0.37
• Price to Book (P/B): -4.22
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -159.30
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -10.32K
• Enterprise Value/Ebitda: -17.17
• 1Y Price Target: $2.00
• Price Target Upside: -1.15% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: ―

Entree Gold's stock score is significantly impacted by its precarious financial situation and poor valuation. However, positive corporate events and neutral technical indicators provide some optimism. The company needs to address financial challenges to improve its market position.

Entree Gold Business Overview & Revenue Model

Company Description

Entrée Resources Ltd. (formerly Entrée Gold Inc.) is a Canadian mineral exploration company primarily focused on the development of its copper and gold assets in Mongolia. The company's flagship project is its interest in the Oyu Tolgoi project, one of the world's largest new copper-gold mines located in the South Gobi region of Mongolia. Entrée Resources also has exploration properties in Australia and Peru, aiming to expand its portfolio within the mining sector.

How the Company Makes Money

Entrée Resources Ltd. generates revenue primarily through its interest in the Oyu Tolgoi project. The company holds a carried joint venture interest, meaning it shares in the profits derived from the mine's production without having to contribute to the operating costs. This arrangement allows Entrée to benefit from the copper and gold sales carried out by the operators of the Oyu Tolgoi mine. Additionally, Entrée invests in exploration activities to discover new mineral reserves, which can lead to increased asset value and potential future revenue streams. The company also engages in partnerships and agreements with other mining companies to explore and develop its other properties, which can result in additional income from joint ventures or asset sales.

Entree Gold Financial Statement Overview

Summary

Entree Gold faces severe financial challenges with no revenue, increasing losses, and negative equity. The financial instability is evident across income statements, balance sheets, and cash flows, posing significant risks.

Income Statement

Entree Gold has not reported any revenue over the reviewed period, leading to a lack of gross profit and negative net income. The EBIT and EBITDA margins are negative and worsening, indicating ongoing operational challenges. The lack of revenue growth is a significant concern for the company's income statement.

Balance Sheet

The balance sheet reveals a troubling financial position with negative stockholders' equity, indicating more liabilities than assets. The debt-to-equity ratio cannot be computed due to negative equity. The equity ratio is also negative, reflecting high leverage and financial instability. The company's balance sheet poses significant risks.

Cash Flow

Cash flows are negative across the board, with operating cash flow and free cash flow both significantly negative, indicating cash burn. The free cash flow growth rate is negative as well, showcasing deteriorating cash flow trends. The cash flow position is concerning and indicates financial strain.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	-124.00K	-118.00K	-98.00K
	EBIT
-4.83K	-4.55K	-3.55M	-2.96M	-2.28M
	EBITDA
-4.83K	-4.54K	-8.04M	-7.10M	-5.76M
	Net Income Common Stockholders
-14.32K	-9.58K	-9.59M	-7.68M	-6.15M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.39M	6.09M	6.41M	7.09M	7.26M
	Total Assets
3.69M	7.21M	7.49M	7.78M	7.96M
	Total Debt
16.28M	12.76M	11.69M	10.36M	9.82M
	Net Debt
13.90M	6.67M	5.28M	3.27M	2.56M
	Total Liabilities
75.00M	71.83M	65.03M	62.88M	58.17M
	Stockholders Equity
-71.31M	-64.62M	-57.53M	-55.10M	-50.21M
Cash Flow		Free Cash Flow
-3.53K	-3.10M	-2.31M	-2.19M	-1.50M
	Operating Cash Flow
-3.53K	-3.10M	-2.31M	-2.15M	-1.50M
	Investing Cash Flow
0.00	0.00	0.00	-33.00K	0.00
	Financing Cash Flow
117.00	2.70M	1.86M	1.99M	3.23M

Entree Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ETG, the sentiment is Negative. The current price of 2.02 is below the 20-day moving average (MA) of 2.27, below the 50-day MA of 2.16, and below the 200-day MA of 2.18, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.58 is Neutral, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ETG.

Entree Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
USA	56 Neutral	$743.69M	―	-95.94%	―	23.63%	22.43%
TMQ	52 Neutral	$292.35M	―	-6.43%	―	―	36.46%
TLG	51 Neutral	C$267.96M	―	-131.97%	―	―	63.81%
Sector *	51 Neutral	$2.02B	-1.14	-21.37%	3.64%	2.88%	-30.57%
FVL	43 Neutral	C$592.44M	―	-1.08%	―	―	66.34%
EMO	42 Neutral	C$295.81M	―	-47.70%	―	―	51.26%
ETG	42 Neutral	$418.95M	―	0.01%	―	―	-49.38%

Entree Gold Corporate Events

Entrée Resources Secures Arbitration Win and Amends Joint Venture Agreement

Entrée Resources Ltd. has announced its fiscal year 2024 results, highlighting a significant arbitration victory against its joint venture partner Oyu Tolgoi LLC and Turquoise Hill Resources Ltd. The arbitration tribunal ruled in favor of Entrée on all issues, leading to the formal execution of the Entrée/Oyu Tolgoi Joint Venture Agreement. This agreement, which dates back to 2008, has been amended to include the Shivee West Property, previously wholly owned by Entrée, now assigned to Oyu Tolgoi LLC with an 80% or 70% beneficial interest. This development marks a crucial step in the company’s operations and strengthens its position within the joint venture, impacting its strategic interests and obligations in the Mongolian mining sector.

Entrée Resources Reveals Promising Drilling Results at Mongolian Deposits

Entrée Resources Ltd. announced the results of its drilling programs conducted between 2022 and 2024 at the Hugo North Extension and Heruga deposits in Mongolia. The results revealed promising copper equivalent grades, with some of the best outcomes since drilling resumed in 2022. The findings, particularly from the Heruga deposit, suggest further exploration is needed to fully understand its potential, impacting the company’s strategic positioning and stakeholder interests.