Entree Resources - Stock

Entree Resources P/E 2024

Entree Resources P/E

-14.78

Ticker

ETG.TO

ISIN

CA29384J1030

WKN

A2DRUU

As of Jul 1, 2024, Entree Resources's P/E ratio was -14.78, a -20.67% change from the -18.63 P/E ratio recorded in the previous year.

The Entree Resources P/E history

Entree Resources Aktienanalyse

What does Entree Resources do?

Entree Resources Ltd is a company specializing in the exploration and development of resources in the minerals and raw materials sector. The company was founded in 1995 under the name Entree Gold Inc. and is headquartered in Vancouver, Canada. The business model of Entree Resources consists of several elements. On one hand, the company carries out exploration activities in areas with promising geological potential. Entree relies on strong partnerships with other companies and governments to share the costs and risks of exploration. On the other hand, Entree is also involved in the development and exploitation of deposits. Here, the company uses innovative technologies and proven methods to effectively extract and process resources. Entree Resources operates in various sectors, including copper, gold, molybdenum, and uranium. The company's largest projects are the Oyu Tolgoi copper and gold deposits in Mongolia and the Ann Mason copper project in Nevada, USA. The Oyu Tolgoi project is a partnership with Australian mining company Rio Tinto and Mongolian state-owned company Erdenes Oyu Tolgoi LLC. The project has an estimated lifespan of over 50 years and is one of the largest undeveloped copper and gold deposits in the world. The Ann Mason project, operated by subsidiary Mason Resources Corp., is a high-grade copper deposit located in one of the most productive mining regions in the world. Entree Resources also offers various products, including copper and gold concentrates, as well as uranium concentrates. The products are mainly sold to customers in Asia and North America. Entree aims to meet the highest standards in terms of environment, health, and safety. In recent years, Entree Resources has made significant progress in the development of its projects. For example, in 2020, the Rio Tinto-operated Oyu Tolgoi mine was officially opened and copper and gold production commenced. Additionally, the company has expanded its activities in the Central Yukon region and acquired a promising gold project. As part of its commitment to sustainability and environmental protection, Entree Resources has also launched initiatives to reduce energy and water consumption, improve waste management, and control emissions. The company works closely with its partners and stakeholders to implement best practices in all phases of the production process. Overall, Entree Resources Ltd is a leading company in the minerals and raw materials sector, characterized by an innovative business model, strong partnerships, and a high level of professionalism. The company aims to maximize the potentials of its projects while ensuring the highest standards in terms of environment, health, and safety. Entree Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Entree Resources's P/E Ratio

The Price to Earnings (P/E) Ratio of Entree Resources is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Entree Resources's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Entree Resources is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Entree Resources’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Entree Resources Stock

What is the price-to-earnings ratio of Entree Resources?

The price-earnings ratio of Entree Resources is currently -14.78.

How has the price-earnings ratio of Entree Resources changed compared to last year?

The price-to-earnings ratio of Entree Resources has increased by -20.67% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Entree Resources high compared to other companies?

Yes, the price-to-earnings ratio of Entree Resources is high compared to other companies.

How does an increase in the price-earnings ratio of Entree Resources affect the company?

An increase in the price-earnings ratio of Entree Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Entree Resources affect the company?

A decrease in the price-earnings ratio of Entree Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Entree Resources?

Some factors that influence the price-earnings ratio of Entree Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Entree Resources pay?

Over the past 12 months, Entree Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Entree Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of Entree Resources?

The current dividend yield of Entree Resources is .

When does Entree Resources pay dividends?

Entree Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Entree Resources?

Entree Resources paid dividends every year for the past 0 years.

What is the dividend of Entree Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Entree Resources located?

Entree Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Entree Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Entree Resources from 7/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Entree Resources pay the last dividend?

The last dividend was paid out on 7/1/2024.

What was the dividend of Entree Resources in the year 2023?

In the year 2023, Entree Resources distributed 0 USD as dividends.

In which currency does Entree Resources pay out the dividend?

The dividends of Entree Resources are distributed in USD.

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Andere Kennzahlen von Entree Resources

Our stock analysis for Entree Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Entree Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.