TSX:ERDMetals and Mining
Erdene Resource Development (TSX:ERD): Valuation Check After First Gold Pour at Bayan Khundii and Growth Plans
Erdene Resource Development (TSX:ERD) has just hit a key milestone at its Bayan Khundii gold mine in Mongolia, pouring first gold and targeting nameplate production by month end, with 2026 exploration spending set to climb.
See our latest analysis for Erdene Resource Development.
The latest operational milestones seem to be feeding into the story, with the 1-month share price return of 9.28 percent helping rebuild confidence after a softer quarter. Meanwhile, a 1-year total shareholder return...