Erdene Resource Development Corporation

TSX:ERD Stock Report

Market Cap: CA$406.8m

Erdene Resource Development Management

Management criteria checks 2/4

Erdene Resource Development's CEO is Peter Akerley, appointed in Mar 2003, has a tenure of 23.17 years. total yearly compensation is CA$889.95K, comprised of 50.1% salary and 49.9% bonuses, including company stock and options. directly owns 0.88% of the company’s shares, worth CA$3.57M. The average tenure of the management team and the board of directors is 9.3 years and 9.9 years respectively.

Key information

Peter Akerley

Chief executive officer

CA$889.9k

Total compensation

CEO salary percentage50.13%
CEO tenure23.2yrs
CEO ownership0.9%
Management average tenure9.3yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

Analysis Article • Sep 17

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

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article • Mar 04

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 16

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jul 28

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Apr 14

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

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • Jun 16

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

Every investor in Erdene Resource Development Corporation (TSE:ERD) should be aware of the most powerful shareholder...

CEO Compensation Analysis

How has Peter Akerley's remuneration changed compared to Erdene Resource Development's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025CA$890kCA$446k

-CA$8m

Sep 30 2025n/an/a

-CA$13m

Jun 30 2025n/an/a

-CA$12m

Mar 31 2025n/an/a

-CA$10m

Dec 31 2024CA$880kCA$425k

-CA$8m

Sep 30 2024n/an/a

-CA$7m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$8m

Dec 31 2023CA$846kCA$405k

CA$522k

Sep 30 2023n/an/a

CA$621k

Jun 30 2023n/an/a

-CA$159k

Mar 31 2023n/an/a

CA$651k

Dec 31 2022CA$642kCA$357k

-CA$6m

Sep 30 2022n/an/a

-CA$7m

Jun 30 2022n/an/a

-CA$7m

Mar 31 2022n/an/a

-CA$6m

Dec 31 2021CA$591kCA$331k

-CA$6m

Sep 30 2021n/an/a

-CA$5m

Jun 30 2021n/an/a

-CA$7m

Mar 31 2021n/an/a

-CA$13m

Dec 31 2020CA$570kCA$308k

-CA$13m

Sep 30 2020n/an/a

-CA$12m

Jun 30 2020n/an/a

-CA$9m

Mar 31 2020n/an/a

-CA$3m

Dec 31 2019CA$466kCA$296k

-CA$3m

Compensation vs Market: Peter's total compensation ($USD651.80K) is above average for companies of similar size in the Canadian market ($USD481.82K).

Compensation vs Earnings: Peter's compensation has increased whilst the company is unprofitable.

CEO

Peter Akerley (62 yo)

23.2yrs
Tenure
CA$889,947
Compensation

Mr. Peter C. Akerley, B.Sc., has been the Chief Executive Officer and President of Erdene Resource Development Corporation since March 2003. Mr. Akerley has been the President of BRM Exploration Ltd. since...

Leadership Team

NamePositionTenureCompensationOwnership
Peter Akerley
President23.2yrsCA$889.95k0.88%
CA$ 3.6m
Robert Jenkins
VP & CFO7yrsCA$507.47k0.32%
CA$ 1.3m
Michael Gillis
Vice President of Exploration9.3yrsCA$362.84kno data
Jon M. Lyons
VP & Chief Development Officer2.1yrsCA$607.94kno data
Bayarmaa Bagabandi
Chief Administrative Officer21.2yrsno datano data
Diane Webber
Director of External Relations & Communicationsno datano datano data
Michael Corey
Chief Geologist of Mongoliano datano datano data
Peter Dalton
Senior Geologistno datano datano data
Bilguun Ankhbayar
Chief Executive Officer of Erdene Mongol LLCno datano datano data
9.3yrs
Average Tenure

Experienced Management: ERD's management team is seasoned and experienced (9.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Peter Akerley
President23.3yrsCA$889.95k0.88%
CA$ 3.6m
Kenneth MacDonald
Independent Director6.9yrsCA$127.08k2.4%
CA$ 9.8m
Cameron McRae
Independent Non-Executive Director8.2yrsCA$112.88k0.15%
CA$ 610.3k
Thomas Croft
Independent Chairman of the Board10.8yrsCA$199.28k0.35%
CA$ 1.4m
Anna Biolik
Independent Director9.9yrsCA$112.48k0.063%
CA$ 255.9k
9.9yrs
Average Tenure

Experienced Board: ERD's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 18:23
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

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Industry and Sector Metrics

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Analyst Sources

Erdene Resource Development Corporation is covered by 0 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.