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Entree Gold (ETG) AI Stock Analysis
Entree Gold
(TSX:ETG)
The score is weighed down primarily by extremely weak fundamentals: no revenue, persistent multi-million dollar losses, deeply negative equity of -$84.4M, and rising debt of $23.4M against just $5.9M of assets — a technically insolvent position that makes this a highly speculative holding. Valuation offers no support, with negative earnings and no dividend. Partially offsetting these risks, technical signals are modestly positive, with the price above its 50-, 100-, and 200-day moving averages and a positive MACD, while cash burn has remained stable and contained at $2-3M per year. Earnings call and corporate event data were unavailable and excluded from the calculation.
Entree Gold (ETG) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 387.94M
- Dividend Yield
- ―
- Average Volume (3M)
- 82.12K
- Price to Earnings (P/E)
- -26.5
- Beta (1Y)
- 1.26
- Revenue Growth
- ―
- EPS Growth
- -7.35%
- Country
- Canada
- Employees
- 4
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
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/Oyu...
Entree Gold Financial Statement Overview
Summary
Financials are among the weakest possible. The company generates zero revenue, with operating losses widening to -$4.3M and a TTM net loss of -$9.3M (Income Statement score 5/10). The balance sheet is effectively insolvent, with stockholders' equity at -$84.4M against only $5.9M of total assets, while debt has more than doubled to $23.4M (Balance Sheet score 3/10). Cash flow is the only relative bright spot: burn is contained and stable at roughly -$2.6M annually with negligible capex (Cash Flow score 7/10), but it is entirely funded by external financing. This is a speculative, exploration-stage profile with no visible path to profitability from the statements alone.
Income Statement
5Very NegativeBalance Sheet
3Very NegativeCash Flow
7Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -110.95K | -114.98K | -118.00K | -115.00K | -124.00K | -118.00K |
| EBITDA | -4.14M | ― | -4.72M | -4.43M | -3.43M | -2.84M |
| Net Income | -9.28M | -12.41M | -14.32K | -9.58M | -9.06M | -7.55M |
Balance Sheet | ||||||
| Total Assets | 5.87M | 6.38M | 3.69M | 7.21M | 7.49M | 7.78M |
| Cash, Cash Equivalents and Short-Term Investments | 3.08M | 4.32M | 2.39M | 6.09M | 6.41M | 7.09M |
| Total Debt | 23.45M | 21.22M | 16.28M | 12.76M | 11.69M | 10.36M |
| Total Liabilities | 90.32M | 87.94M | 75.00M | 71.83M | 65.03M | 62.88M |
| Stockholders Equity | -84.44M | -81.56M | -71.31M | -64.62M | -57.53M | -55.10M |
Cash Flow | ||||||
| Free Cash Flow | -2.62M | -2.29M | -3,530 | -3.10M | -2.31M | -2.19M |
| Operating Cash Flow | -2.62M | -2.29M | -3,530 | -3.10M | -2.31M | -2.15M |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 | -33.00K |
| Financing Cash Flow | 189.63K | 4.12M | 117 | 2.70M | 1.86M | 1.99M |
Entree Gold Technical Analysis
Price Trends
Market Momentum
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 2.56 is below the 20-day moving average (MA) of 2.82, below the 50-day MA of 2.69, and below the 200-day MA of 2.64, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 39.88 is Neutral, neither overbought nor oversold. The STOCH value of 11.62 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ETG.
Entree Gold Risk Analysis
Entree Gold disclosed 46 risk factors in its most recent earnings report. Entree Gold reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskEntree Gold Peers Comparison
Overall Rating
TSE:ERD58Neutral
TSE:REG53Neutral
TSE:TLO53Neutral- TSE:ETG49Neutral
TSE:NCX44Neutral
TSE:EMO43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:ERD | 58Neutral | CAD 341.90M | 22.78 | 20.52% | ― | ― | ― |
| TSE:REG | 53Neutral | CAD 586.94M | -210.36 | -3.92% | ― | ― | 40.46% |
| TSE:TLO | 53Neutral | CAD 1.19B | 413.48 | 0.90% | ― | ― | ― |
| TSE:ETG | 49Neutral | CAD 533.94M | -26.54 | 17.71% | ― | ― | -7.35% |
| TSE:NCX | 44Neutral | CAD 933.08M | -34.96 | -27.24% | ― | ― | -97.05% |
| TSE:EMO | 43Neutral | CAD 80.09M | -5.59 | -20.67% | ― | ― | 4.74% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ETG | Entree Gold Inc | 2.56 | 0.20 | 8.47% | |
| TSE:EMO | Emerita Resources | 0.27 | -1.17 | -81.25% | |
| TSE:ERD | Erdene Resource Development Corporation | 5.22 | -2.96 | -36.19% | |
| TSE:NCX | NorthIsle Copper and Gold | 2.80 | 0.97 | 53.01% | |
| TSE:REG | Regulus Resources | 4.67 | 1.37 | 41.52% | |
| TSE:TLO | Talon Metals | 7.36 | 3.71 | 101.64% |
Entree Gold Corporate Events
Entrée Resources Secures Strategic Financing to Advance Oyu Tolgoi Interests
PositiveEntrée Resources has launched a non-brokered private placement of up to 11,000,000 units at C$2.90 per unit, targeting gross proceeds of up to C$31.9 million. Each unit comprises one common share and a three-year warrant exercisable at C$3.95, w...
Entrée Resources Faces Mongolian Tax Hurdles in Key Oyu Tolgoi License Transfer
NegativeEntrée Resources is working with its joint venture partner Oyu Tolgoi LLC and Mongolian authorities to transfer the Shivee Tolgoi and Javkhlant mining licenses, which are critical for proceeding with Lift 1 underground development at the Oyu Tol...
Entrée Resources’ New CEO Drives Stakeholder Engagement and Board Refresh at Oyu Tolgoi
PositiveEntrée Resources’ new President and CEO, Chris Adams, has moved quickly since his July appointment to strengthen relationships with major shareholders, its joint venture partner at Oyu Tolgoi, and key stakeholders in Mongolia. His backgrou...
Entrée Resources Advances Licence Transfer and State Participation Talks at Oyu Tolgoi
PositiveEntrée 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 licen...
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: Oct 21, 2026