Erdene Resource Development (ERD) Competitors

C$0.41
0.00 (0.00%)
(As of 05/3/2024 ET)

ERD vs. LGO, S, AII, SMT, WM, NEXT, FSY, NB, GEO, and ARA

Should you be buying Erdene Resource Development stock or one of its competitors? The main competitors of Erdene Resource Development include Largo (LGO), Sherritt International (S), Almonty Industries (AII), Sierra Metals (SMT), Wallbridge Mining (WM), NextSource Materials (NEXT), Forsys Metals (FSY), NioCorp Developments (NB), Geodrill (GEO), and Aclara Resources (ARA). These companies are all part of the "other industrial metals & mining" industry.

Erdene Resource Development vs.

Largo (TSE:LGO) and Erdene Resource Development (TSE:ERD) are both small-cap basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, community ranking, earnings, risk and media sentiment.

Largo has a beta of 1.99, suggesting that its stock price is 99% more volatile than the S&P 500. Comparatively, Erdene Resource Development has a beta of 1.39, suggesting that its stock price is 39% more volatile than the S&P 500.

Erdene Resource Development has a net margin of 0.00% compared to Erdene Resource Development's net margin of -15.27%. Erdene Resource Development's return on equity of -12.20% beat Largo's return on equity.

Company Net Margins Return on Equity Return on Assets
Largo-15.27% -12.20% -2.92%
Erdene Resource Development N/A -12.40%-5.19%

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Largo
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

67.1% of Largo shares are owned by institutional investors. Comparatively, 6.2% of Erdene Resource Development shares are owned by institutional investors. 0.2% of Largo shares are owned by insiders. Comparatively, 22.2% of Erdene Resource Development shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

In the previous week, Largo had 8 more articles in the media than Erdene Resource Development. MarketBeat recorded 8 mentions for Largo and 0 mentions for Erdene Resource Development. Erdene Resource Development's average media sentiment score of 0.91 beat Largo's score of -0.11 indicating that Largo is being referred to more favorably in the media.

Company Overall Sentiment
Largo Positive
Erdene Resource Development Neutral

Erdene Resource Development has lower revenue, but higher earnings than Largo. Erdene Resource Development is trading at a lower price-to-earnings ratio than Largo, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
LargoC$198.68M0.73-C$30.34M-C$0.64-3.53
Erdene Resource DevelopmentN/AN/A-C$5.92M-C$0.01-41.00

Erdene Resource Development received 81 more outperform votes than Largo when rated by MarketBeat users. However, 70.00% of users gave Largo an outperform vote while only 69.29% of users gave Erdene Resource Development an outperform vote.

CompanyUnderperformOutperform
LargoOutperform Votes
7
70.00%
Underperform Votes
3
30.00%
Erdene Resource DevelopmentOutperform Votes
88
69.29%
Underperform Votes
39
30.71%

Summary

Largo beats Erdene Resource Development on 9 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ERD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ERD vs. The Competition

MetricErdene Resource DevelopmentOther Industrial Metals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$141.27MC$985.35MC$2.89BC$5.33B
Dividend Yield1.78%6.55%5.11%5.53%
P/E Ratio-41.00158.86136.1623.56
Price / SalesN/A62,414.441,054,554.861,631.61
Price / Cash30.5624.9623.9079.47
Price / Book2.932.423.653.10
Net Income-C$5.92MC$72.60MC$171.94MC$293.40M
7 Day Performance1.23%0.82%-0.22%0.04%
1 Month Performance5.13%3.72%1.34%-0.96%
1 Year Performance13.89%-4.58%159.44%20.24%

Erdene Resource Development Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LGO
Largo
0 of 5 stars
C$2.16
-1.8%
N/A-62.6%C$138.35MC$198.68M-3.38533Upcoming Earnings
Analyst Revision
News Coverage
S
Sherritt International
2.0299 of 5 stars
C$0.32
-3.0%
C$0.53
+64.1%
-40.0%C$127.13MC$223.30M-2.00850Upcoming Earnings
Gap Down
AII
Almonty Industries
0 of 5 stars
C$0.62
-1.6%
N/A+5.0%C$156.46MC$22.51M-15.50403Upcoming Earnings
SMT
Sierra Metals
0.5558 of 5 stars
C$0.83
+1.2%
C$1.00
+20.5%
+132.4%C$174.05MC$229.54M-16.601,156News Coverage
WM
Wallbridge Mining
0 of 5 stars
C$0.11
flat
N/A-34.4%C$107.10MN/A-10.5063Upcoming Earnings
NEXT
NextSource Materials
1.1742 of 5 stars
C$0.68
flat
C$4.00
+488.2%
-67.8%C$105.93MN/A-13.6052Gap Up
FSY
Forsys Metals
0 of 5 stars
C$0.91
+1.1%
N/A+106.9%C$177.61MN/A-22.7512Upcoming Earnings
Gap Down
NB
NioCorp Developments
0 of 5 stars
C$2.77
-1.4%
N/A-58.3%C$100.41MN/A-1.577
GEO
Geodrill
2.9014 of 5 stars
C$2.08
+1.0%
C$2.25
+8.2%
-33.9%C$97.59MC$130.54M18.9120,000News Coverage
Positive News
ARA
Aclara Resources
0 of 5 stars
C$0.58
+7.4%
N/A+17.4%C$94.72MN/A-6.4471

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This page (TSE:ERD) was last updated on 5/5/2024 by MarketBeat.com Staff

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