Entree Resources Ltd continues to navigate the challenging waters of the mining sector, reporting disappointing earnings this quarter.
Entree Resources Ltd (ETG.TO) has released its earnings for the second quarter of 2026, revealing an EPS of -0.0226, which marks a continuation of its struggle in a competitive metals and mining industry. With low analyst coverage and a history of earnings misses, Canadian investors should closely examine the implications of these results on the company's future prospects.
Recent earnings trend
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Entree Resources Ltd
ETG.TO
ETG.TO
Entree Resources Ltd
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Market cap
$521.43M
52W high
$3.40
52W low
$1.95
1W change
+0.81%
Beta
0.69
Analyst Price Targets
Based on analyst covering ETG
Wall Street analysts forecast ETG stock price to rise 30.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.25
+30.0% Upside
Current Price
C$2.50
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ETG's historical volatility
30-Day Vol
58.2%
Annualized
90-Day Vol
55.5%
Annualized
Trend (90d)
+10.2%
Annualized drift
90d Mean
C$2.59
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.53 | C$2.07 – C$3.09 |
| 60 trading days | C$2.56 | C$1.93 – C$3.40 |
| 90 trading days | C$2.59 | C$1.83 – C$3.67 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: Limited — historical beat/miss data exists for 1 quarter(s), but no upcoming consensus.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | -0.0226 | — | — |
| 2026-03-31 | 2026-05-11 | -0.0184 | — | — |
| 2025-12-31 | 2026-03-11 | -0.0338 | — | — |
| 2025-09-30 | 2025-11-12 | -0.0216 | — | — |
| 2025-06-30 | 2025-08-20 | -0.0126 | — | — |
| 2025-03-31 | 2025-05-08 | -0.0138 | — | — |
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Investor takeaway: Investors should be cautious given the lack of positive earnings momentum and consider the broader market conditions affecting the mining sector as they evaluate their positions in Entree Resources.
Entree Resources Reports Q2 EPS of -0.0226 Amid Ongoing Challenges
The reported EPS reflects a broader trend of losses, as the company has not recorded a positive EPS in its most recent quarters, highlighting persistent operational hurdles.
Bull case
Entree is working on transferring mining licenses to Oyu Tolgoi LLC, which could unlock significant value if it goes well. Plus, the average analyst target of C$3.25 suggests there’s potential for growth from the current price.
Bear case
Entree's ongoing negative EPS trend and the lack of a clear path to profitability raise concerns. With the stock trading below its moving averages, further declines could happen if operational challenges continue.
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