Market research
ERD.TO Erdene Resource Development Corporation
TO CAD Basic Materials
Latest close
As of 30 Oct 2026
Test a moving-average rule with historical data.
Market facts
- Market cap
- 364M
- P/E ratio
- 24.17
- Analyst target
- 14.5
- Dividend yield
- Not available
- Beta
- 1.62
Profile
Instrument facts
- Exchange
- TO
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- ISIN
- CA29480N2068
- Market cap
- 364M
- P/E ratio
- 24.17
- Analyst target
- 14.5
- Dividend yield
- Not available
- Beta
- 1.62
About
About Erdene Resource Development Corporation
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company primarily explores copper, molybdenum, gold, silver, lead, and zinc deposits. The company's principal project is the Bayan Khundii Gold Project located in Bayankhongor province, Mongolia. 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 was incorporated in 2000 and is headquartered in Dartmouth, Canada.
Research context
Erdene Resource Development Corporation appears in PyInvesting’s Toronto Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Community
Investor discussion
1 comment
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5 years, 6 months ago
Erdene Resource Development Corporation is currently in a long term downtrend where the price is trading 8.7% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Erdene Resource Development Corporation's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 97.3% to $-2M since the same quarter in the previous year.
Finally, its free cash flow fell by 53.9% to $-4M since the same quarter in the previous year.
Based on the above factors, Erdene Resource Development Corporation gets an overall score of 1/5.