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Erdene Resource Development TSX:ERD Stock Report

Last Price

CA$1.01

Market Cap

CA$369.4m

7D

-1.9%

1Y

134.9%

Updated

08 Jun, 2025

Data

Company Financials

Erdene Resource Development Corporation

TSX:ERD Stock Report

Market Cap: CA$369.4m

Erdene Resource Development (ERD) Stock Overview

Focuses on the exploration and development of precious and base metal deposits in Mongolia. More details

ERD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Makes less than USD$1m in revenue (CA$0)


ERD Community Fair Values

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Erdene Resource Development Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Erdene Resource Development
Historical stock prices
Current Share PriceCA$1.01
52 Week HighCA$1.11
52 Week LowCA$0.40
Beta1.01
1 Month Change7.45%
3 Month Change38.36%
1 Year Change134.88%
3 Year Change155.70%
5 Year Change260.71%
Change since IPO26.25%

Recent News & Updates

Recent updates

Companies Like Erdene Resource Development (TSE:ERD) Are In A Position To Invest In Growth

Sep 17
Companies Like Erdene Resource Development (TSE:ERD) Are In A Position To Invest In Growth

Is Erdene Resource Development (TSE:ERD) Using Too Much Debt?

Mar 04
Is Erdene Resource Development (TSE:ERD) Using Too Much Debt?

Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Nov 16
Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Jul 28
Is Erdene Resource Development (TSE:ERD) A Risky Investment?

Is Erdene Resource Development (TSE:ERD) In A Good Position To Invest In Growth?

Apr 14
Is Erdene Resource Development (TSE:ERD) In A Good Position To Invest In Growth?

What Kind Of Shareholder Owns Most Erdene Resource Development Corporation (TSE:ERD) Stock?

Jun 16
What Kind Of Shareholder Owns Most Erdene Resource Development Corporation (TSE:ERD) Stock?

Shareholder Returns

ERDCA Metals and MiningCA Market
7D-1.9%5.2%0.9%
1Y134.9%35.0%16.9%

Return vs Industry: ERD exceeded the Canadian Metals and Mining industry which returned 35% over the past year.

Return vs Market: ERD exceeded the Canadian Market which returned 16.9% over the past year.

Price Volatility

Is ERD's price volatile compared to industry and market?
ERD volatility
ERD Average Weekly Movement9.3%
Metals and Mining Industry Average Movement11.5%
Market Average Movement9.7%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.9%

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 (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000674Peter Akerleywww.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

How do Erdene Resource Development's earnings and revenue compare to its market cap?
ERD fundamental statistics
Market capCA$369.41m
Earnings (TTM)-CA$10.07m
Revenue (TTM)n/a
0.0x
P/S Ratio
-36.7x
P/E Ratio

Is ERD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ERD income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$10.07m
Earnings-CA$10.07m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.028
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did ERD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/08 02:24
End of Day Share Price 2025/06/06 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

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.

AnalystInstitution
Nelson MahNorthern Securities