Michael Price - Entree Resources Independent Director

ETG Stock  CAD 1.57  0.05  3.09%   

Director

Michael Price is Independent Director of Entree Resources since 2018.
Age 63
Tenure 6 years
Address 1066 West Hastings Street, Vancouver, BC, Canada, V6E 3X1
Phone604-687-4777
Webhttps://entreeresourcesltd.com

Entree Resources Management Efficiency

The company has return on total asset (ROA) of (0.3866) % which means that it has lost $0.3866 on every $100 spent on assets. This is way below average. Entree Resources' management efficiency ratios could be used to measure how well Entree Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of April 2024, Return On Equity is likely to grow to 0.0002, while Return On Tangible Assets are likely to drop (0). At this time, Entree Resources' Net Current Asset Value is very stable compared to the past year. As of the 22nd of April 2024, Tangible Asset Value is likely to grow to about 15.5 M, while Total Assets are likely to drop about 6.9 M.
The company has accumulated 11.69 M in total debt with debt to equity ratio (D/E) of 31.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Entree Resources has a current ratio of 40.75, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Entree Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Entree Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Entree Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Entree to invest in growth at high rates of return. When we think about Entree Resources' use of debt, we should always consider it together with cash and equity.

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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. It employs 5 people. 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.

Management Performance

Entree Resources Leadership Team

Elected by the shareholders, the Entree Resources' board of directors comprises two types of representatives: Entree Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Entree. The board's role is to monitor Entree Resources' management team and ensure that shareholders' interests are well served. Entree Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Entree Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
James Harris, Non-Executive Independent Deputy Chairman of the Board
Robert Cann, Vice President - Exploration
Robert Cinits, Vice President-Corporate Development
Michael Howard, Non-Executive Independent Chairman of the Board
CAP CPA, CEO President
Stephen Scott, President, Chief Executive Officer, Executive Director
Monica Hamm, Manager - Investor Relations
Susan McLeod, Vice President - Legal Affairs, Corporate Secretary
Lindsay Bottomer, Vice President - Business Development, Director
Mark Bailey, Non-Executive Independent Chairman of the Board
CPA CAP, CEO Pres
Bruce Colwill, CFO
Alan Edwards, Independent Director
Duane Lo, Interim Chief Financial Officer
Michael, Non-Executive Independent Chairman of the Board
H Howard, Advisor
Mona Forster, Executive Vice President
Michael Price, Independent Director
Gorden Glenn, Independent Director
Anna Stylianides, Independent Director

Entree Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Entree Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Entree Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Entree Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Entree Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Entree Stock

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Moving against Entree Stock

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The ability to find closely correlated positions to Entree Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Entree Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Entree Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Entree Resources to buy it.
The correlation of Entree Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Entree Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Entree Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Entree Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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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Please note, there is a significant difference between Entree Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entree Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entree Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.