ERD Stock Overview
Focuses on the exploration and development of precious and base metal deposits in Mongolia.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Erdene Resource Development Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$0.45 |
| 52 Week High | CA$0.47 |
| 52 Week Low | CA$0.27 |
| Beta | 1.46 |
| 1 Month Change | 12.50% |
| 3 Month Change | 28.57% |
| 1 Year Change | 20.00% |
| 3 Year Change | 15.38% |
| 5 Year Change | 136.84% |
| Change since IPO | -43.75% |
Recent News & Updates
Is Erdene Resource Development (TSE:ERD) Using Too Much Debt?
Mar 04
Is Erdene Resource Development (TSE:ERD) A Risky Investment?
Nov 16Shareholder Returns
| ERD | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 9.8% | 4.4% | 1.2% |
| 1Y | 20.0% | 12.4% | 11.8% |
Return vs Industry: ERD exceeded the Canadian Metals and Mining industry which returned 12.4% over the past year.
Return vs Market: ERD exceeded the Canadian Market which returned 11.8% over the past year.
Price Volatility
| ERD volatility | |
|---|---|
| ERD Average Weekly Movement | 6.6% |
| Metals and Mining Industry Average Movement | 11.2% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 17.9% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: ERD's share price has been volatile over the past 3 months.
Volatility Over Time: ERD's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 72 | 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$162.87m |
| Earnings (TTM) | -CA$7.56m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-20.6x
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$7.56m |
| Earnings | -CA$7.56m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.022 |
| 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 comparison