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Entree Gold (TSE:ETG)
TSX:ETG
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Entree Gold (ETG) AI Stock Analysis

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TSE:ETG

Entree Gold

(TSX:ETG)

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Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
C$2.50
▲(0.00% Upside)
Action:Reiterated
Date:08/17/26
The score is primarily weighed down by weak financial performance: no revenue, ongoing losses, negative free cash flow, and a highly strained balance sheet with deeply negative equity and rising debt. Technicals are also soft with the price below key moving averages and negative MACD. Valuation signals are limited due to the negative P/E and lack of dividend yield data.
Positive Factors
Gold and Copper Exploration Exposure
Exposure to gold and copper exploration gives Entree potential participation in metals demand and project discoveries without needing to operate producing mines today. Value could increase if geological work confirms commercially attractive mineralization.
Negative Factors
No Revenue and Persistent Losses
Entree has no identifiable operating revenue and continues to report sizable losses, so its projects are not yet supporting the business through commercial production. This leaves results dependent on exploration success, asset transactions and external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Gold and Copper Exploration Exposure
Exposure to gold and copper exploration gives Entree potential participation in metals demand and project discoveries without needing to operate producing mines today. Value could increase if geological work confirms commercially attractive mineralization.
Read all positive factors

Entree Gold (ETG) vs. iShares MSCI Canada ETF (EWC)

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 primary economic model is typical of an exploration-stage mining company: it seeks to create value by identifying and advancing mineral assets and then monetizing that value through transactions rather than through ongoing mine produ...

Entree Gold Financial Statement Overview

Summary
Income statement reflects a non-revenue profile with persistent, sizable losses (TTM net loss about $9.3M; 2025 net loss about $12.4M) and negative operating results (TTM EBIT about -$4.3M). Balance sheet is highly stressed with deeply negative equity (TTM roughly -$84.4M) and rising debt (about $10.4M in 2021 to about $23.4M TTM), increasing financing and dilution/refinancing risk. Cash flow remains negative with ongoing operating cash burn (TTM operating cash flow about -$2.6M) and negative free cash flow, indicating continued funding needs.
Income Statement
6
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
12
Very Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Mar 2023Dec 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-110.95K-114.98K-118.00K-115.00K-124.00K-118.00K
EBITDA-4.15M-4.83M-4.54M-3.53M-2.94M
Net Income-9.28M-12.41M-14.32K-9.58M-9.06M-7.55M
Balance Sheet
Total Assets5.87M6.38M3.69M7.21M7.49M7.78M
Cash, Cash Equivalents and Short-Term Investments3.08M4.32M2.39M6.09M6.41M7.09M
Total Debt23.45M21.22M16.28M12.76M11.69M10.36M
Total Liabilities90.32M87.94M75.00M71.83M65.03M62.88M
Stockholders Equity-84.44M-81.56M-71.31M-64.62M-57.53M-55.10M
Cash Flow
Free Cash Flow-2.62M-2.29M-3.53K-3.10M-2.31M-2.19M
Operating Cash Flow-2.62M-2.29M-3.53K-3.10M-2.31M-2.15M
Investing Cash Flow0.000.000.000.000.00-33.00K
Financing Cash Flow189.63K4.12M117.002.70M1.86M1.99M

Entree Gold Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.50
Price Trends
50DMA
2.70
Negative
100DMA
2.59
Negative
200DMA
2.54
Negative
Market Momentum
MACD
-0.04
Negative
RSI
40.58
Neutral
STOCH
38.10
Neutral
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 2.5 is below the 20-day moving average (MA) of 2.52, below the 50-day MA of 2.70, and below the 200-day MA of 2.54, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 40.58 is Neutral, neither overbought nor oversold. The STOCH value of 38.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ETG.

Entree Gold Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
C$1.35B450.560.90%
65
Neutral
C$448.67M29.5920.52%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
53
Neutral
C$1.48B-53.68-27.24%-97.05%
51
Neutral
C$634.00M-127.50-6.60%-15.95%
46
Neutral
C$118.65M-7.87-20.01%4.74%
42
Neutral
C$529.77M-26.0416.43%-7.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ETG
Entree Gold
2.50
0.35
16.28%
TSE:EMO
Emerita Resources
0.38
-0.78
-67.24%
TSE:ERD
Erdene Resources
6.78
-0.12
-1.72%
TSE:NCX
NorthIsle Copper and Gold
4.30
3.10
258.33%
TSE:REG
Regulus Resources
5.10
2.61
104.82%
TSE:TLO
Talon Metals
8.02
4.07
103.04%

Entree Gold Corporate Events

Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
Entrée Resources Advances Licence Transfer and State Participation Talks at Oyu Tolgoi
Positive
Aug 11, 2026
Entrée Resources reported its second-quarter 2026 results while stressing near-term strategic priorities tied to its Mongolian assets and joint venture structure. The company is concentrating on transferring the Shivee Tolgoi and Javkhlant li...
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.Date of analysis: Aug 17, 2026