Entrée Resources reports after the market closes on November 3. There’s no current EPS consensus, so investors can’t judge the results as a typical beat or miss. The main question is whether the update brings clarity to the Mongolian licence transfer, which the company says must be completed before planned work can proceed.
Entrée Resources Ltd. (TSX: ETG) is scheduled to report results for the quarter ended September 30, 2026, after the market closes on November 3. The earnings calendar lists no EPS estimate or actual, so this isn’t a conventional consensus-driven earnings test. The historical data offers little help: only one comparable quarter has both an actual and an estimated EPS, from 2011. Entrée reported a loss of C$0.05 per share, compared with an estimated loss of C$0.01. That single result doesn’t provide a useful guide to this report.
Recent earnings trend
Entree Resources Ltd
ETG.TO
ETG.TO
Entree Resources Ltd
WealthAwesomeMarket cap
$535.33M
52W high
$3.40
52W low
$1.98
1W change
-2.92%
Beta
0.68
Analyst Price Targets
Based on analyst covering ETG · as of Sep 17, 2026
Wall Street analysts forecast ETG stock price to rise 22.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.25
+22.2% Upside
Current Price
C$2.66
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ETG's historical volatility
30-Day Vol
53.0%
Annualized
90-Day Vol
54.5%
Annualized
Trend (90d)
+13.3%
Annualized drift
90d Mean
C$2.68
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$2.60 | C$2.17 – C$3.12 |
| 60 trading days | C$2.64 | C$2.04 – C$3.42 |
| 90 trading days | C$2.68 | C$1.96 – C$3.68 |
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 | — | — |
For Canadian investors, the more relevant issues are Entrée’s ongoing losses and the Mongolian licence transfer. The company says the transfer is needed for work on its joint-venture ground to proceed.
Investor takeaway: Treat the November 3 release as a chance to check for updates on operations and funding, not as a beat-or-miss catalyst. There’s no current EPS consensus, and the historical comparison is too limited to show a trend. Look for concrete news on the licence transfer, cash position and plans for an updated technical report. Recent company releases have kept the licence issue in focus. The proposed C$31.9-million private placement, if completed, could also change the company’s funding and share count.
No current EPS consensus
The earnings calendar has no EPS estimate or actual for the September quarter. The only available comparison is from 2011, so a beat-or-miss scorecard doesn’t make sense. Focus instead on any financial details and specific updates on the licence transfer and financing.
Bull case
A clear, measurable step toward completing the Mongolian licence transfer could reduce uncertainty about the work Entrée says depends on it. The company is also targeting Q1 2027 for an updated technical report on Hugo North Extension Lifts 1 and 2. Progress on these priorities, along with movement on the proposed financing, could give investors a clearer picture of the project’s next stages.
Bear case
The licence transfer remains unresolved in the company updates provided. Entrée said Mongolia’s tax authority had not confirmed its calculations or issued the required certificates, and that it had filed a formal complaint. Further delays could keep planned work on hold.
Entrée reported US$3.1 million in cash at June 30, 2026. The proposed financing isn’t completed funding, and issuing shares could dilute existing shareholders. EPS is also negative on a trailing basis, so investors shouldn’t assume this quarter’s results will resolve those risks.
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