Risk factor
Poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
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 Tolgoi joint venture property, situated in Mongolia, which contains the prominent Hugo North Extension copper-gold porphyry deposit and the Heruga copper-gold-molybdenum porphyry deposit. Originally incorporated in 1995, the company was known as Entrée Gold Inc. before adopting its current name, Entrée Resources Ltd., in May 2017, and maintains its corporate headquarters in Vancouver, Canada.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of ETG.TO is 3.25 and suggests 8.7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendati