Entree Resources Ltd., a company operating within the Materials sector, specifically in the Metals & Mining industry, has recently experienced notable activity in its stock performance. Listed on the Toronto Stock Exchange, the company is primarily engaged in the development and discovery of gold and copper resources, with active exploration efforts on its concessions in Mongolia.
As of February 10, 2026, Entree Resources Ltd. closed at a price of CAD 2.70 per share. This closing price followed a significant price surge that propelled the stock above its 200-day moving average, as reported by American Banking News on February 5, 2026. This movement indicates a temporary rally in the company’s stock, reflecting investor optimism or market conditions favoring the company’s prospects.
Over the past year, Entree Resources’ stock has demonstrated moderate volatility, trading within a range of CAD 1.83 to CAD 3.40. The 52-week high was achieved on January 22, 2026, at CAD 3.40, while the 52-week low was recorded on April 8, 2025, at CAD 1.83. The current stock price, situated midway between these extremes, suggests a balanced outlook in the short term, aligning with a mid-growth trajectory.
Despite the recent positive movement, the company’s financial metrics present a challenging picture. Entree Resources Ltd. has a market capitalization of CAD 534,305,376. However, the company’s price-to-earnings ratio stands at -28.059, indicating that it is not currently generating profits. This negative P/E ratio is a critical factor for investors to consider, as it reflects the company’s ongoing investment phase and the potential for future profitability.
In summary, while Entree Resources Ltd. has shown signs of short-term growth with its recent stock performance, the company’s financial health remains a point of consideration due to its current lack of profitability. Investors and stakeholders will likely continue to monitor the company’s exploration activities and market conditions to assess future growth potential.
