Erdene Resource Development Corp. Company Profile (TSE:ERD)

About Erdene Resource Development Corp.

Erdene Resource Development Corp. logoErdene Resource Development Corporation is a Canada-based resource company focused on the acquisition, exploration and development of base and precious metals in Mongolia. The Company holds approximately four exploration licenses covering approximately 10,730 hectares and a mining license covering over 6,040 hectares. These include Altan Nar, a gold-polymetallic project that the Company is advancing toward a production decision; Bayan Khundii, an earlier-stage gold discovery; Khuvyn Khar, an early-stage copper-silver porphyry project with multiple drill targets and copper intersections; Zuun Mod, a molybdenum-copper porphyry deposit, and Altan Arrow, an early-stage gold-silver project. The Zuun Mod property is located in Bayankhongor Province southwest of Ulaanbaatar. In addition, the Company has an alliance with Teck Resources Limited on regional, copper-gold exploration in the Trans Altay region of southwest Mongolia.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: ERD
  • CUSIP:
Key Metrics:
  • Previous Close: $0.84
  • 50 Day Moving Average: $0.82
  • 200 Day Moving Average: $0.52
  • 52-Week Range: C$126,810,000.00 - C$0.16
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $106.52M
  • Outstanding Shares: 126,810,000
Additional Links:

Analyst Ratings

Consensus Ratings for Erdene Resource Development Corp. (TSE:ERD) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$1.50

Analysts' Ratings History for Erdene Resource Development Corp. (TSE:ERD)
Show:
DateFirmActionRatingPrice TargetDetails
1/18/2017Paradigm CapitalReiterated RatingSpeculative BuyC$1.50View Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Erdene Resource Development Corp. (TSE:ERD)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Erdene Resource Development Corp. (TSE:ERD)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Erdene Resource Development Corp. (TSE:ERD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Erdene Resource Development Corp. (TSE:ERD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/2/2016William B BurtonDirectorBuy61,500C$0.17C$10,455.00
1/15/2016Peter AkerleyDirectorBuy10,000C$0.15C$1,500.00
1/13/2016John Philip ByrneDirectorBuy59,000C$0.14C$8,260.00
1/11/2016Kenneth MacdonaldDirectorBuy5,000C$0.15C$750.00
1/8/2016Kenneth MacdonaldDirectorBuy34,000C$0.15C$5,100.00
1/7/2016Kenneth MacdonaldDirectorBuy1,000C$0.15C$150.00
12/15/2014John Philip ByrneDirectorBuy49,000C$0.10C$4,900.00
11/21/2014John Philip ByrneDirectorBuy45,000C$0.09C$4,050.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Erdene Resource Development Corp. (TSE:ERD)
DateHeadline
News IconSpotting the Levels for Erdene Resource Development Corporation (ERD.TO) - Benton Bulletin (TSE:ERD)
bentonbulletin.com - February 15 at 4:00 AM
News IconInvestor Arena: Keeping an Eye on Erdene Resource Development Corporation (ERD.TO) - Rives Journal (TSE:ERD)
rivesjournal.com - February 3 at 5:24 PM
business.financialpost.com logoErdene Resource Development Corp, the eternal optimist, does its biggest equity financing - Financial Post (TSE:ERD)
business.financialpost.com - February 3 at 5:24 PM
News IconTraders are Following Technical Levels for Erdene Resource Development Corporation (ERD.TO) - Rives Journal (TSE:ERD)
rivesjournal.com - February 2 at 5:30 PM
reuters.com logoBRIEF-Erdene increases previously announced bought deal financing to C$12 mln (TSE:ERD)
www.reuters.com - January 31 at 10:43 PM
juniorminingnetwork.com logoErdene Increases Previously Announced Bought Deal Financing to $12 Million (TSE:ERD)
www.juniorminingnetwork.com - January 31 at 10:43 PM
juniorminingnetwork.com logoErdene Announces $10 Million Bought Deal Financing (TSE:ERD)
www.juniorminingnetwork.com - January 30 at 8:59 PM
News IconEquity Insight: Indicator Review for Erdene Resource Development Corporation (ERD.TO) - Rives Journal (TSE:ERD)
rivesjournal.com - January 30 at 3:57 PM
News IconInvestor Circle: Watching the Numbers on Shares of Erdene Resource Development Corporation (TSX:ERD) - Gilbert Daily (TSE:ERD)
gilbertdaily.com - January 30 at 3:57 PM
finance.yahoo.com logoPancon Gold Appoints Vice President Corporate Development and Launches New Website - Yahoo Finance (TSE:ERD)
finance.yahoo.com - January 27 at 6:40 PM
News IconTracking the Numbers for Erdene Resource Development ... - Gilbert Daily (TSE:ERD)
gilbertdaily.com - January 27 at 6:40 PM
4-traders.com logoPancontinental Gold Corp : Pancon Gold Appoints Vice President Corporate Development and Launches New Website (TSE:ERD)
www.4-traders.com - January 27 at 4:26 AM
News IconTrading Scope: Following Levels on Shares of Erdene Resource Development Corporation (ERD.TO) - Rives Journal (TSE:ERD)
rivesjournal.com - January 26 at 6:22 PM
News IconTechnical Study: Following Indicators for Erdene Resource Development Corporation (ERD.TO) - Rives Journal (TSE:ERD)
rivesjournal.com - January 26 at 6:22 PM
News IconVC Score In Focus for Erdene Resource Development Corporation (TSX:ERD) - Gilbert Daily (TSE:ERD)
gilbertdaily.com - January 26 at 6:22 PM
News IconErdene Resource's Bayan Khundii project may offer larger output than expected - AKIpress (press release) (subscription) (TSE:ERD)
akipress.com - January 22 at 9:56 PM
News IconStock Momentum in Focus on Shares of Erdene Resource Development Corporation (ERD.TO) - Rives Journal (TSE:ERD)
rivesjournal.com - January 17 at 8:32 PM
seekingalpha.com logoTop 3 Gold Intercepts Drilled In December - Seeking Alpha (TSE:ERD)
seekingalpha.com - January 17 at 3:30 PM
News IconErdene Resource’s Bayan Khundii project may offer larger output than expected (TSE:ERD)
theubpost.mn - January 13 at 3:59 PM
News IconBayan Khundii, Mongolia: 41m at 5.2g/t Au from 40m (BKD-90) - Mining Journal (subscription) (TSE:ERD)
www.mining-journal.com - January 11 at 5:34 PM
juniorminingnetwork.com logoErdene Expands New Gold Zone Under Younger Cover at Bayan Khundii; Results Include 41 Metres of 5.2 g/t Gold ... - Junior Mining Network (TSE:ERD)
www.juniorminingnetwork.com - January 11 at 5:34 PM
goldseiten.de logoErdene Expands New Gold Zone Under Younger Cover at Bayan Khundii; Results Include 41m of 5.2 g/t Gold and 72m of 4.0 g/t Gold (TSE:ERD)
www.goldseiten.de - January 10 at 5:58 PM
bizjournals.com logoIIROC Trading Halt - ERD (TSE:ERD)
www.bizjournals.com - January 10 at 5:58 PM
finance.yahoo.com logoErdene Expands New Gold Zone Under Younger Cover at Bayan Khundii; Results Include 41 Metres of 5.2 g/t Gold and 72 Metres of 4.0 g/t Gold (TSE:ERD)
ca.finance.yahoo.com - January 10 at 5:58 PM
4-traders.com logoErdene Resource Development : IIROC Trade Halt - Erdene Resource Development Corporation (TSE:ERD)
www.4-traders.com - January 10 at 5:58 PM
seekingalpha.com logo2 Undervalued Gold Juniors - Seeking Alpha (TSE:ERD)
seekingalpha.com - December 23 at 3:15 AM
seekingalpha.com logo2 Undervalued Gold Juniors (TSE:ERD)
seekingalpha.com - December 22 at 5:12 PM
einnews.com logoNBN Co to bring skinny fibre to new estates in 2017 (TSE:ERD)
brazilbusiness.einnews.com - December 20 at 10:02 AM
finance.yahoo.com logoErdene Intersects 110 Metres of 9.3 g/t Gold at Altan Nar Project (TSE:ERD)
finance.yahoo.com - December 20 at 10:02 AM
News IconWatching ADX Levels for Erdene Resource Development Corporation (ERD.TO) - Wall Street Confidential (TSE:ERD)
wsconfidential.com - December 18 at 10:04 PM
News IconTrading Scope: Checking on Shares of Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 14 at 3:46 PM
News IconInvestor Notebook: Taking a Look at Shares of Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 14 at 3:46 PM
News IconStock to Watch: Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 14 at 3:46 PM
News IconInvestor Radar: Taking a Closer Look at Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 9 at 9:01 AM
News IconTrading Review: Checking on Shares of Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 9 at 9:01 AM
News IconTechnical Toolbox: Investor Focus on Erdene Resource Development Corporation (ERD.TO) - Wall Street Confidential (TSE:ERD)
wsconfidential.com - December 9 at 9:01 AM
News IconFree Cash Flow Score in Focus for Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 6 at 10:13 PM
News IconTechnical Buzz on Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 6 at 10:13 PM
seekingalpha.com logoResource Sector Digest: Bonanza? Not - Seeking Alpha (TSE:ERD)
seekingalpha.com - December 6 at 10:13 PM
News IconToday's Penny Stock Alert: Erdene Resource Development Corp. (ERD) Declined -6.45% on Dec 5 - Herald KS (TSE:ERD)
heraldks.com - December 6 at 10:13 PM
News IconSignal Watch: Checking the Numbers for Erdene Resource Development Corporation (ERD.TO) - Wall Street Confidential (TSE:ERD)
wsconfidential.com - December 6 at 10:13 PM
finance.yahoo.com logoIIROC Trade Resumption - ERD (TSE:ERD)
finance.yahoo.com - December 3 at 4:40 PM
News IconWatching the Levels on Shares of Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 3 at 9:53 AM
News IconTechnical Watch on Shares of Erdene Resource Development Corporation (ERD.TO) - Wall Street Confidential (TSE:ERD)
wsconfidential.com - December 3 at 9:53 AM
News IconLooking at the Numbers for Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - December 1 at 10:11 PM
News IconIndicator Review on Shares of Erdene Resource Development Corporation (ERD.TO) - Wall Street Confidential (TSE:ERD)
wsconfidential.com - December 1 at 5:08 PM
News IconErdene Continues to Expand High-Grade Zones at Bayan Khundii, Including Most Significant Intersection to Date, 65 ... - Yahoo Sports (TSE:ERD)
sports.yahoo.com - November 30 at 5:03 PM
News IconInvestor Circle: Watching the Numbers on Shares of Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - November 30 at 5:03 PM
News IconVC Score In Focus for Erdene Resource Development Corporation (TSX:ERD) - Stock Newsweek (TSE:ERD)
stocknewsweek.com - November 30 at 5:03 PM
einnews.com logoKentucky, Villanova stay 1-2 in men's basketball; Baylor up (TSE:ERD)
brazilbusiness.einnews.com - November 29 at 5:27 PM

Social

What is Erdene Resource Development Corp.'s stock symbol?

Erdene Resource Development Corp. trades on the Tornton Stock Exchange (TSX) under the ticker symbol "ERD."

Where is Erdene Resource Development Corp.'s stock going? Where will Erdene Resource Development Corp.'s stock price be in 2017?

1 analysts have issued twelve-month price targets for Erdene Resource Development Corp.'s stock. Their predictions range from C$1.50 to C$1.50. On average, they anticipate Erdene Resource Development Corp.'s share price to reach C$1.50 in the next year.

When will Erdene Resource Development Corp. announce their earnings?

Erdene Resource Development Corp. is scheduled to release their next quarterly earnings announcement on Thursday, March, 30th 2017.

How do I buy Erdene Resource Development Corp. stock?

Shares of Erdene Resource Development Corp. and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of Erdene Resource Development Corp. stock cost?

One share of Erdene Resource Development Corp. stock can currently be purchased for approximately C$0.84.

Erdene Resource Development Corp. (TSE:ERD) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Erdene Resource Development Corp. (TSE:ERD)

Earnings History Chart

Earnings by Quarter for Erdene Resource Development Corp. (TSE:ERD)

Dividend History Chart

Dividend Payments by Quarter for Erdene Resource Development Corp. (TSE:ERD)

Last Updated on 2/20/2017 by MarketBeat.com Staff