TSE:ERD Erdene Resource Development (ERD) Stock Price, News & Analysis C$5.40 +0.04 (+0.75%) As of 06/12/2026 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesBuy This Stock About Erdene Resource Development Stock (TSE:ERD) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get ERD alerts:Sign Up Key Stats Today's RangeC$5.29▼C$5.4950-Day RangeC$5.27▼C$7.3652-Week RangeC$5.20▼C$10.95Volume80,790 shsAverage Volume166,704 shsMarket CapitalizationC$352.72 millionP/E Ratio540.00Dividend Yield1.78%Price TargetC$14.40Consensus RatingBuy Company Overview Erdene Resource Development Corp. is a Canada-based resource company producing gold at the high-grade, low-cost Bayan Khundii Gold Mine in underexplored and highly prospective Mongolia. The Company has interests in a portfolio of precious and base metal projects near the Bayan Khundii Gold Mine in the Khundii Minerals District, which provides a robust organic growth pipeline. Erdene Resource Development Corp. is listed on the Toronto ('ERD') and the Mongolian stock ('ERDN') exchanges and OTCQX Market ('ERDCF'). Further information is available at www.erdene.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information. Read More Receive ERD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Erdene Resource Development and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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ERD Stock News HeadlinesErdene Resource Development: The Market Is Sleeping On This Mining Company In MongoliaMay 31, 2026 | seekingalpha.comErdene Resource Development Corporation: Erdene Announces Results of Annual General and Special MeetingMay 30, 2026 | finanznachrichten.deGoldman Sachs just told you what to buy (most people missed it)Goldman Sachs just revealed that 40% of AI data centers will be crippled by electricity shortages by 2027 - not chips, not funding, but power. Demand is growing 15% per year and the grid can't keep up. One small company makes the exact equipment these data centers need. They're sitting on $1.5 billion in orders, their hardware is already inside Musk's Colossus, and the stock still trades like a name nobody's heard of. Analyst Dylan Jovine is releasing the ticker for free. | Behind the Markets (Ad)Erdene Announces Results of Annual General and Special MeetingMay 30, 2026 | markets.businessinsider.comErdene Releases 2026 Shareholder Letter and Provides Investor Update WebcastMay 27, 2026 | finance.yahoo.comDiscovering Undiscovered Gems in Canada This May 2026May 11, 2026 | finance.yahoo.comErdene Resource Development Corporation: Erdene Announces Q1 2026 ResultsMay 7, 2026 | finanznachrichten.deErdene Announces Q1 2026 ResultsMay 6, 2026 | markets.businessinsider.comSee More Headlines ERD Stock Analysis - Frequently Asked Questions How have ERD shares performed this year? Erdene Resource Development's stock was trading at C$8.25 at the start of the year. Since then, ERD shares have decreased by 34.5% and is now trading at C$5.40. How were Erdene Resource Development's earnings last quarter? Erdene Resource Development Co. (TSE:ERD) released its quarterly earnings data on Wednesday, May, 6th. The company reported $0.07 earnings per share (EPS) for the quarter. Read the conference call transcript. How do I buy shares of Erdene Resource Development? Shares of ERD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. What other stocks do shareholders of Erdene Resource Development own? Based on aggregate information from My MarketBeat watchlists, some other companies that Erdene Resource Development investors own include Wheaton Precious Metals (WPM), Gear Energy (GXE), Turquoise Hill Resources (TRQ), Freehold Royalties (FRU), Galiano Gold (AKG) and AltaGas (ALA). Company Calendar Last Earnings5/06/2026Today6/13/2026Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Other Industrial Metals & Mining Sub-IndustryN/A Current SymbolTSE:ERD CIKN/A Webwww.erdene.com Phone+1-902-4236419FaxN/AEmployees60Year FoundedN/APrice Target and Rating Average Price Target for Erdene Resource DevelopmentC$14.40 High Price TargetC$14.40 Low Price TargetC$14.40 Potential Upside/Downside+166.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Trailing Twelve Months)C$0.01 Trailing P/E Ratio540.00 Forward P/E RatioN/A P/E GrowthN/ANet Income-C$887.99 thousand Net MarginsN/A Pretax MarginN/A Return on Equity1.72% Return on Assets-6.56% Debt Debt-to-Equity Ratio0.09 Current Ratio104.30 Quick Ratio4.27 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowC$0.18 per share Price / Cash Flow30.56 Book ValueC$1.34 per share Price / Book4.03Miscellaneous Outstanding Shares65,319,000Free FloatN/AMarket CapC$352.72 million OptionableNot Optionable Beta2.09 Analysts Agree—These Gold Picks Outshine the RestUnlock the timeless value of gold with our exclusive 2026 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.Get This Free Report This page (TSE:ERD) was last updated on 6/14/2026 by MarketBeat.com Staff. 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