ENTREC Corporation (ENT) Receives a Hold from Canaccord Genuity


In a latest note to investors, a research analyst has provided a rating update for the ENTREC Corporation (ENT). Today, an analyst has provided a rating update for the Services sector company, ENTREC Corporation (TSX: ENT).

According to TipRanks.com, Bereznicki is ranked #5072 out of 5228 analysts.

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ENTREC Corporation has an analyst consensus of Hold, with a price target consensus of C$0.10.

Based on ENTREC Corporation’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$1.19 million. In comparison, last year the company had a GAAP net loss of C$4.44 million.

Entrec Corp. engages in the provision of heavy haul and crane solutions to the oil and natural gas, construction, petrochemical, mining, and power generation industries. It operates through the Canada and United States geographical segment. The company was founded on October 23, 2009 and is headquartered in Acheson, Canada.

The company’s shares closed last Thursday at C$0.10, close to its 52-week low of C$0.10.

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