TSE:ERD

Erdene Resource Development (ERD) Stock Forecast, Price & News

C$0.28

-0.02 (-6.67%)

(As of 10/2/2023 ET)

Compare

Today's Range: C$0.28
▼
C$0.30
50-Day Range: C$0.30
▼
C$0.38
52-Week Range: C$0.25
▼
C$0.45

Volume: 80,000 shs
Average Volume: 116,591 shs
Market Capitalization: C$96.44 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Profile Chart Competitors Earnings Headlines Social Media

About Erdene Resource Development (TSE:ERD) Stock

Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. Its principal projects are the Bayan Khundii Gold project and the Altan Nar Gold-Polymetallic project located in southwest 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.

ERD Price History

30 days | 90 days | 365 days | Advanced Chart

ERD Stock News Headlines

September 27, 2023 | juniorminingnetwork.com

Erdene Resource Files Updated Feasibility Study for Bayan Khundii Gold Project

September 26, 2023 | finance.yahoo.com

Erdene Files Updated Feasibility Study for the Bayan Khundii Gold Project

October 2, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 16, 2023 | theglobeandmail.com

Closing Bell: Erdene Resource Development Corp flat on Friday (ERD)

September 14, 2023 | finance.yahoo.com

Erdene Resource Development provides update on construction of Bayan Khundii Project

September 12, 2023 | proactiveinvestors.com

Erdene Resource Development nears early works completion at Bayan Khundii gold project

September 12, 2023 | theglobeandmail.com

Stocks in play: Erdene Resource Development Corp.

September 12, 2023 | proactiveinvestors.com

Erdene Resource Development nears completion of early works at Bayan Khundii gold project

October 2, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

September 12, 2023 | finance.yahoo.com

Erdene Provides Update on the Bayan Khundii Gold Project

August 16, 2023 | proactiveinvestors.com

Erdene Resource Development Corp reveals positive Feasibility update on Byan Khundii Project

August 15, 2023 | juniorminingnetwork.com

Erdene Resource Announces Positive Updated Feasibility Study for Bayan Khundii Gold Project

August 15, 2023 | finance.yahoo.com

Erdene Announces Positive Updated Feasibility Study for the Bayan Khundii Gold Project

August 7, 2023 | msn.com

Mongolia looks to rise out of China and Russia’s shadow

August 6, 2023 | finance.yahoo.com

Mongolia signs digital skills partnership with Google as landlocked nation seeks closer ties with US

August 3, 2023 | seekingalpha.com

Erdene Resource Development Corporation reports Q2 results

August 3, 2023 | finance.yahoo.com

Erdene says latest results from Dark Horse prospect improve economics of Bayan Khundii gold project

August 3, 2023 | finance.yahoo.com

Erdene Announces Q2 2023 Results and Provides Khundii Minerals District Update

July 31, 2023 | proactiveinvestors.com

Erdene reports promising exploration results from prospect at Bayan Khundii gold project

July 31, 2023 | juniorminingnetwork.com

Erdene Resource Development Reports Bayan Khundii Gold Project Exploration Results From Dark Horse Prospect

July 31, 2023 | finance.yahoo.com

Erdene Reports Bayan Khundii Gold Project Exploration Results From Dark Horse Prospect

July 27, 2023 | ft.com

Will Mongolia’s crackdown on graft unlock its mineral riches?

July 12, 2023 | proactiveinvestors.com

Erdene Resource Development drill results shows new potential for Mongolian molybdenum project

July 6, 2023 | juniorminingnetwork.com

Erdene Resource Expands Mineralization at Zuun Mod Molybdenum-Copper Project in Khundii District

July 6, 2023 | finance.yahoo.com

Erdene Expands Mineralization at Zuun Mod Molybdenum-Copper Project in Khundii District

June 26, 2023 | finance.yahoo.com

Erdene Resource Development CEO shares key takeaways from shareholder letter

June 26, 2023 | finance.yahoo.com

China, Mongolia to discuss technology, railway connections and green development as prime minister begins 6-day trip

See More Headlines

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.

ERD Company Calendar

Last Earnings: 8/02/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/02/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:ERD
CUSIP: N/A
CIK: N/A
Web: www.erdene.com
Phone: +1-902-4236419
Fax: N/A
Employees: 56
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): C($0.02)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-6,700,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -14.93%
Return on Assets: -7.87%

Debt

Debt-to-Equity Ratio: 28.44
Current Ratio: 0.98
Quick Ratio: 4.27

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.01 per share
Price / Cash Flow: 30.56
Book Value: C$0.14 per share
Price / Book: 2.07

Miscellaneous

Outstanding Shares: 344,420,000
Free Float: N/A
Market Cap: C$99.88 million
Optionable: Not Optionable
Beta: 1.26

(Almost) Everything You Need To Know About The EV Market

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

Key Executives

Mr. Peter C. Akerley B.Sc. (Age 60)
Pres, CEO & Director
Comp: $555.33k

Mr. Robert L. Jenkins
VP & CFO

Mr. Michael X. Gillis B.Sc.
VP of Exploration

Mr. Jon M. L. Lyons
VP of Projects

Ms. Bayarmaa Bagabandi
Chief Admin. Officer

Ms. Diane E. Webber
Director of External Relations & Communications

Mr. Michael C. Corey
Chief Geologist of Mongolia

Mr. Gendenjamtsyn Bat-Erdene
Sr. Geologist

Ms. D. Suzan Frazer LL.B. (Age 68)
Corp. Sec.

Key Competitors

View All Competitors

ERD Stock - Frequently Asked Questions

How have ERD shares performed in 2023?: Erdene Resource Development's stock was trading at C$0.29 at the beginning of 2023. Since then, ERD stock has increased by 1.8% and is now trading at C$0.29.
View the best growth stocks for 2023 here.
When is Erdene Resource Development's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ERD earnings forecast.
How were Erdene Resource Development's earnings last quarter?: Erdene Resource Development Co. (TSE:ERD) released its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter.
What other stocks do shareholders of Erdene Resource Development own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Erdene Resource Development investors own include Turquoise Hill Resources (TRQ), Turquoise Hill Resources (TRQ), Galiano Gold (AKG), China Life Insurance (LFC), Weyerhaeuser (WY), Anadarko Petroleum (APC), Caterpillar (CAT), Copper Mountain Mining (CMMC), Capstone Copper (CS) and Ctrip.Com International (CTRP).

What is Erdene Resource Development's stock symbol?: Erdene Resource Development trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ERD."
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.
Compare Top Brokerages Here.
What is Erdene Resource Development's stock price today?: One share of ERD stock can currently be purchased for approximately C$0.29.
How much money does Erdene Resource Development make?: Erdene Resource Development (TSE:ERD) has a market capitalization of C$99.88 million. The company earns C$-6,700,000.00 in net income (profit) each year or C($0.02) on an earnings per share basis.
How can I contact Erdene Resource Development?: Erdene Resource Development's mailing address is 99 Wyse Rd Suite 1480, DARTMOUTH, NS B3A 4S5, Canada. The official website for the company is www.erdene.com. The company can be reached via phone at +1-902-4236419.

This page (TSE:ERD) was last updated on 10/2/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial