Erdene Resource Development Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Erdene Resource Development.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	39.6%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth 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) In A Good Position To Invest In Growth?

Apr 14

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Erdene Resource Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

TSX:ERD - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	N/A	-7	-3	-2	N/A
6/30/2024	N/A	-7	-3	-3	N/A
3/31/2024	N/A	-8	-3	-2	N/A
12/31/2023	N/A	1	-3	-2	N/A
9/30/2023	N/A	1	-6	-3	N/A
6/30/2023	N/A	0	-9	-4	N/A
3/31/2023	N/A	1	-12	-6	N/A
12/31/2022	N/A	-6	-13	-5	N/A
9/30/2022	N/A	-7	-15	-6	N/A
6/30/2022	N/A	-7	-15	-6	N/A
3/31/2022	N/A	-6	-15	-6	N/A
12/31/2021	N/A	-6	-14	-5	N/A
9/30/2021	N/A	-5	-14	-4	N/A
6/30/2021	N/A	-7	-14	-3	N/A
3/31/2021	N/A	-13	-12	-2	N/A
12/31/2020	N/A	-13	-11	-2	N/A
9/30/2020	N/A	-12	-11	-2	N/A
6/30/2020	N/A	-9	-9	-1	N/A
3/31/2020	N/A	-3	-9	-2	N/A
12/31/2019	N/A	-3	-8	-2	N/A
9/30/2019	N/A	-3	-6	-2	N/A
6/30/2019	N/A	-3	-6	-2	N/A
3/31/2019	N/A	-3	-7	-2	N/A
12/31/2018	N/A	-4	-7	-2	N/A
9/30/2018	N/A	-4	-8	-3	N/A
6/30/2018	N/A	-4	N/A	-3	N/A
3/31/2018	N/A	-4	N/A	-3	N/A
12/31/2017	N/A	-4	N/A	-3	N/A
9/30/2017	N/A	-4	N/A	-2	N/A
6/30/2017	N/A	-3	N/A	-2	N/A
3/31/2017	N/A	-3	N/A	-3	N/A
12/31/2016	N/A	-2	N/A	-3	N/A
9/30/2016	N/A	-13	N/A	-3	N/A
6/30/2016	N/A	-14	N/A	-3	N/A
3/31/2016	N/A	-13	N/A	-2	N/A
12/31/2015	N/A	-13	N/A	-2	N/A
9/30/2015	N/A	-2	N/A	-2	N/A
6/30/2015	N/A	-2	N/A	-2	N/A
3/31/2015	N/A	-2	N/A	-2	N/A
12/31/2014	N/A	-3	N/A	-2	N/A
9/30/2014	N/A	-3	N/A	-2	N/A
6/30/2014	N/A	-3	N/A	-2	N/A
3/31/2014	N/A	-3	N/A	-2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if ERD's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if ERD's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if ERD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if ERD's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if ERD's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if ERD's Return on Equity is forecast to be high in 3 years time

Erdene Resource Development Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased to CA$2.00

Recent updates

New major risk - Financial position

New minor risk - Shareholder dilution

Erdene Resource Development Corporation Provides Bayan Khundii Gold Project Update

Erdene Reports Strong Drill Results and Provides Mine Development Update for the Bayan Khundii Gold Project

Erdene Reports Strong Drill Results and Provides Mine Development Update for the Bayan Khundii Gold Project

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

Erdene Resource Development Corporation Announces Retirement of John Byrne as Director

New major risk - Financial position

Erdene Resource Development Corporation, Annual General Meeting, Jun 20, 2024

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

Erdene Commences Construction At the High-Grade Bayan Khundii Gold Project and Finalizes Strategic Alliance with Mongolian Mining Corporation

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

Erdene Resource Development Corp. Provides Update on the Bayan Khundii Gold Project

Erdene Resource Development Corp. Announces Positive Updated Feasibility Study for the Bayan Khundii Gold Project

Erdene Resource Development Corporation Reports Bayan Khundii Gold Project Exploration Results from Dark Horse Prospect

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

Erdene Resource Development Corporation Announce Results from A Recently Completed 12-Hole Drill Program At Its 100% Owned Zuun Mod Molybdenum-Copper Porphyry Project in Southwestern Mongolia

Erdene Resource Development Corporation Commences Drilling At Dark Horse Gold Prospect

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

Erdene Resource Development Corporation announced that it has received CAD 7.000248 million in funding from 2176423 Ontario Ltd.

Erdene Resource Development Corporation announced that it expects to receive CAD 6 million in funding

Erdene Expands High-Grade Mineralization At Dark Horse Prospect, Generates New Targets

Insufficient new directors

Erdene Resource Development Corporation Intersects High-Grade Gold At Bayan Khundii Starter Pits

Erdene Resource Development Corporation Renews Local Cooperation Agreement and Provides Environmental, Social and Governance Update

Erdene Resource Development Corporation Provides an Exploration Update for Khundii Gold District in Southwest Mongolia

Erdene Resource Development Corporation Reports Operating Results for the Second Quarter 2022

Insufficient new directors

Erdene Continues to Outline Ulaan Feeder Zone, Intersects 27 Metres of 3.5 G/T Gold, Including 2 Metres of 24.9 G/T Gold

Erdene Resource Development Corporation announced that it has received CAD 7.180106 million in funding

Insufficient new directors

Erdene Resource Development Corporation announced that it expects to receive CAD 6 million in funding

Erdene Returns 68.2 G/T Gold over 3 Metres Within 8.1 G/T Gold over 41 Meters At Ulaan Southeast Gold Prospect

Price target increased to CA$2.00

Erdene Resource Development Corporation, Annual General Meeting, Jun 22, 2022

Erdene Resource Development Corporation Announces Commencement of the First Phase of Its 2022 Exploration Program at its Khundii Gold District in Southwest Mongolia

Insider recently bought CA$3.6m worth of stock

Erdene Resource Development Corporation Provides an Update on Recent Exploration At the Dark Horse Prospect, Located 2.4 Kilometres North of Its Construction-Ready Bayan Khundii Gold Project

Erdene Resource Development Corporation Provides an Update on the 2021 Exploration Program at the Ulaan Southeast Gold Discovery

Erdene Resource Development Corporation Receives Significant Environmental Approval for Bayan Khundii Gold Project and Commences Early Works

Erdene Resource Development Corporation announces results from follow-up drilling at the recent Ulaan gold discovery

Erdene Resource Development Corporation Announces Results from its Maiden Drill Program on the Southern Portion of its 100%-Owned Ulaan Exploration License

Erdene Resource Development Corporation Initiates Strategic Review of Khuvyn Khar Molybdenum-Copper Project

Erdene Resource Development Corporation Adds Second Rig and Commences Drilling Ulaan Gold Target Adjacent Bayan Khundii Gold Deposit

Erdene Provides Update on Dark Horse Gold Prospect Exploration Program: Commences Follow-up Drilling

New 90-day low: CA$0.36

Erdene Resource Development Corporation Provides Final Drill Results from Its 2020 Dark Horse Gold Prospect

Erdene Resource Development Corporation Announces New Gold Discovery of the Bayan Khundii Gold Deposit

Erdene Resource Development Corporation (TSX:ERD) acquired remaining 49% stake in Leader Exploration LLC from Erdenechuluun.Z and Erdenekhuyag.Z for $0.75 million.

Erdene Resource Development Corporation Reports Final Results from First 10,000-Metre Phase of its 18,000-Metre Khundii Gold District Drill Program

New 90-day low: CA$0.41

Erdene Resource Development Corporation announced that it expects to receive $55 million in funding from Export Development Canada

New 90-day low: CA$0.42

Erdene Resource Development Corporation Intersects High-Grade Gold in Maiden Drilling at Dark Horse Prospect

Erdene Intersects High-Grade Gold at Bayan Khundii Project Confirming Resource Expansion Potential

Erdene Resource Development Corporation announced that it has received CAD 20 million in funding from 2176423 Ontario Ltd. and other investor

New 90-day high - CA$0.65

Erdene Resource Development Corporation announced that it expects to receive CAD 20 million in funding

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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