(ETG) Entree Resources - Ratings and Ratios

Entrée Resources Ltd. (ETG) is a Canadian mining company focused on the exploration, evaluation, and development of mineral properties. The companys primary asset is its joint venture with Oyu Tolgoi in Mongolia, which includes the Hugo North Extension copper-gold deposit and the Heruga copper-gold-molybdenum deposit. These deposits are part of the larger Oyu Tolgoi mining complex, one of the worlds most significant copper-gold projects. Entrée Resources Ltd. was previously known as Entrée Gold Inc. and rebranded in May 2017. The company has been operational since its incorporation in 1995 and is headquartered in Vancouver, Canada.

Entrée Resources Ltd. is listed on the Toronto Stock Exchange under the ticker symbol ETG. The company operates within the Diversified Metals & Mining sector, with a market capitalization of approximately 516.98 million CAD. Its stock recently traded at 2.48 CAD, with a 20-day average volume of 73,081 shares. The companys price-to-book ratio stands at 3.89, and it reported a return on equity of 10.60%. The stocks technical indicators include a 20-day SMA of 2.55, a 50-day SMA of 2.53, and a 200-day SMA of 1.93, with an ATR of 0.09.

3-Month Forecast: Based on the current technical and fundamental data, Entrée Resources Ltd. is expected to maintain its stock price within a narrow range. The 20-day and 50-day SMAs are closely aligned, suggesting limited near-term momentum. The ATR of 0.09 indicates low volatility, supporting a stable price outlook. Fundamentally, the companys high P/B ratio of 3.89 reflects its strong asset base but may indicate elevated valuations. Over the next three months, ETG is likely to trade between 2.40 CAD and 2.60 CAD, influenced by broader market sentiment and developments at its Mongolian joint venture.