ERD Stock Overview
Focuses on the exploration and development of precious and base metal deposits in Mongolia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Erdene Resource Development Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.59 |
| 52 Week High | CA$0.79 |
| 52 Week Low | CA$0.29 |
| Beta | 1.55 |
| 1 Month Change | -1.67% |
| 3 Month Change | -6.35% |
| 1 Year Change | 96.67% |
| 3 Year Change | 51.28% |
| 5 Year Change | 93.44% |
| Change since IPO | -26.25% |
Recent News & Updates
Recent updates
Companies Like Erdene Resource Development (TSE:ERD) Are In A Position To Invest In Growth
Sep 17
Is Erdene Resource Development (TSE:ERD) Using Too Much Debt?
Mar 04Is Erdene Resource Development (TSE:ERD) A Risky Investment?
Nov 16Is Erdene Resource Development (TSE:ERD) A Risky Investment?
Jul 28Is Erdene Resource Development (TSE:ERD) In A Good Position To Invest In Growth?
Apr 14Shareholder Returns
| ERD | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 1.7% | 3.1% | 0.2% |
| 1Y | 96.7% | 35.1% | 18.4% |
Return vs Industry: ERD exceeded the Canadian Metals and Mining industry which returned 35.1% over the past year.
Return vs Market: ERD exceeded the Canadian Market which returned 18.4% over the past year.
Price Volatility
| ERD volatility | |
|---|---|
| ERD Average Weekly Movement | 6.6% |
| Metals and Mining Industry Average Movement | 10.5% |
| Market Average Movement | 8.4% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: ERD has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: ERD's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 650 | Peter Akerley | www.erdene.com |
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008.
Erdene Resource Development Corporation Fundamentals Summary
| ERD fundamental statistics | |
|---|---|
| Market cap | CA$213.67m |
| Earnings (TTM) | -CA$7.41m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-28.8x
P/E RatioIs ERD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ERD income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$7.41m |
| Earnings | -CA$7.41m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.02 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did ERD perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/03 18:06 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Erdene Resource Development Corporation is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nelson Mah | Northern Securities |