Entree Resources Stock Today
| ETG Stock | CAD 1.59 0.02 1.27% |
Performance14 of 100
| Odds Of DistressLess than 30
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Entree Resources is selling at 1.59 as of the 24th of April 2024; that is 1.27 percent up since the beginning of the trading day. The stock's open price was 1.57. Entree Resources has about a 30 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for Entree Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Entre Resources Ltd., an exploration stage company, engages in the exploration of mineral resource properties located in Mongolia, Peru, Australia, and Canada. Entre Resources Ltd. was founded in 1995 and is headquartered in Vancouver, Canada. ENTREE RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. The company has 203.34 M outstanding shares of which 26.95 K shares are currently shorted by private and institutional investors with about 0.45 days to cover all short positions. More on Entree Resources
Moving together with Entree Stock
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Moving against Entree Stock
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Entree Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Entree Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Entree Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | CAP CPA | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
Entree Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Entree Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Entree Resources' financial leverage. It provides some insight into what part of Entree Resources' total assets is financed by creditors.
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Entree Resources (ETG) is traded on Toronto Exchange in Canada and employs 20 people. Entree Resources is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 319.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Entree Resources's market, we take the total number of its shares issued and multiply it by Entree Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Entree Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 203.34 M outstanding shares of which 26.95 K shares are currently shorted by private and institutional investors with about 0.45 days to cover all short positions.
Entree Resources has accumulated about 6.41 M in cash with (3.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Entree Resources Probability Of Bankruptcy
Ownership AllocationEntree Resources holds a total of 203.34 Million outstanding shares. Entree Resources retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Entree Ownership Details
Entree Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Entree Resources jumping above the current price in 90 days from now is nearly 4.78%. The Entree Resources probability density function shows the probability of Entree Resources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Entree Resources has a beta of 0.7727 suggesting as returns on the market go up, Entree Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Entree Resources will be expected to be much smaller as well. Additionally, entree Resources has an alpha of 0.352, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Entree Resources to move above the current price in 90 days from now is nearly 4.78 (This Entree Resources probability density function shows the probability of Entree Stock to fall within a particular range of prices over 90 days) .
Entree Resources Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Entree Resources market risk premium is the additional return an investor will receive from holding Entree Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Entree Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Entree Resources' alpha and beta are two of the key measurements used to evaluate Entree Resources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.92 | |||
| Semi Deviation | 1.91 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.68 |
Entree Stock Against Markets
Picking the right benchmark for Entree Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Entree Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Entree Resources is critical whether you are bullish or bearish towards Entree Resources at a given time. Please also check how Entree Resources' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Entree Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Entree Resources Corporate Directors
Entree Resources corporate directors refer to members of an Entree Resources board of directors. The board of directors generally takes responsibility for the Entree Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Entree Resources' board members must vote for the resolution. The Entree Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Alan Edwards | Independent Director | Profile | |
| Michael Price | Independent Director | Profile | |
| Gorden Glenn | Independent Director | Profile | |
| Anna Stylianides | Independent Director | Profile |
How to buy Entree Stock?
Before investing in Entree Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Entree Resources. To buy Entree Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Entree Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Entree Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Entree Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Entree Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Entree Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Entree Resources?
The danger of trading Entree Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Entree Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Entree Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Entree Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entree Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Entree Resources information on this page should be used as a complementary analysis to other Entree Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Entree Stock analysis
When running Entree Resources' price analysis, check to measure Entree Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Entree Resources is operating at the current time. Most of Entree Resources' value examination focuses on studying past and present price action to predict the probability of Entree Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entree Resources' price. Additionally, you may evaluate how the addition of Entree Resources to your portfolios can decrease your overall portfolio volatility.
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