Erdene 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: Basic Materials
- Industry: Industrial Metals & Minerals
- Sub-Industry: N/A
- Symbol: TSE:ERD
- CUSIP: N/A
- Web: www.erdene.com/
Capitalization:- Market Cap: C$106.55 million
- Outstanding Shares: 145,963,000
Average Prices:- 50 Day Moving Avg: C$0.83
- 200 Day Moving Avg: C$0.98
- 52 Week Range: C$0.35 - C$1.40
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: N/A
- Price / Sales: N/A
- Book Value: C$0.11 per share
- Price / Book: 6.64
Profitability:- EBIDTA: ($3,700,000.00)
- Return on Equity: -50.11%
- Return on Assets: -48.91%
Misc:- Average Volume: 139,260 shs.
- Short Ratio: 0.01
Frequently Asked Questions for Erdene Resource Development Corp. (TSE:ERD)
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."
When will Erdene Resource Development Corp. make its next earnings announcement?
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 1 year price targets for Erdene Resource Development Corp.'s stock. Their predictions range from C$1.50 to C$1.50. On average, they expect Erdene Resource Development Corp.'s stock price to reach C$1.50 in the next year. View Analyst Ratings for Erdene Resource Development Corp..
Who are some of Erdene Resource Development Corp.'s key competitors?
Some companies that are related to Erdene Resource Development Corp. include Alexco Resource Corp. (AXR), Nautilus Minerals (NUS), CENTRIC HEALTH Corp (CHH), Mandalay Resources Corp. (MND), Gear Energy Ltd (GXE), PHX Energy Services Corp (PHX), Gabriel Resources Ltd (GBU), Bacanora Minerals Ltd Com (BCN), Geodrill Ltd (GEO), Rubicon Minerals Corp. (RMX), Red Eagle Mining Corp (R), Colabor Group (GCL), Paladin Energy Ltd (PDN), Newalta (NAL), Platinum Group Metals Limited (PTM), Golden Queen Mining (GQM), Canadian Zinc Corp. (CZN) and Foraco International S.A. (FAR).
Who are Erdene Resource Development Corp.'s key executives?
Erdene Resource Development Corp.'s management team includes the folowing people:
- J. C. Cowan, Chairman of the Board
- Peter C. Akerley, President, Chief Executive Officer, Director
- Kenneth W. MacDonald, Chief Financial Officer, Vice President - Business Strategy
- D. Suzan Frazer, Secretary
- William B. Burton, Independent Director
- John P. Byrne, Independent Director
- Philip L. Webster, Independent Director
- Thomas Layton Croft, Non-Executive Independent Director
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.
What is Erdene Resource Development Corp.'s stock price today?
One share of Erdene Resource Development Corp. stock can currently be purchased for approximately C$0.73.
MarketBeat Community Rating for Erdene Resource Development Corp. (TSE ERD)MarketBeat's community ratings are surveys of what our community members think about Erdene Resource Development Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Erdene Resource Development Corp. (TSE:ERD) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 1/18/2017 | Paradigm Capital | Reiterated Rating | Speculative Buy | C$1.50 |  |
(Data available from 9/23/2015 forward)
Earnings History for Erdene Resource Development Corp. (TSE:ERD)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Erdene Resource Development Corp. (TSE:ERD)No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Erdene Resource Development Corp. (TSE:ERD)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Erdene Resource Development Corp. (TSE:ERD)Insider Trades by Quarter for Erdene Resource Development Corp. (TSE:ERD)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/2/2016 | William B Burton | Director | Buy | 61,500 | C$0.17 | C$10,455.00 | |
| 1/15/2016 | Peter Akerley | Director | Buy | 10,000 | C$0.15 | C$1,500.00 | |
| 1/13/2016 | John Philip Byrne | Director | Buy | 59,000 | C$0.14 | C$8,260.00 | |
| 1/11/2016 | Kenneth Macdonald | Director | Buy | 5,000 | C$0.15 | C$750.00 | |
| 1/8/2016 | Kenneth Macdonald | Director | Buy | 34,000 | C$0.15 | C$5,100.00 | |
| 1/7/2016 | Kenneth Macdonald | Director | Buy | 1,000 | C$0.15 | C$150.00 | |
| 12/15/2014 | John Philip Byrne | Director | Buy | 49,000 | C$0.10 | C$4,900.00 | |
| 11/21/2014 | John Philip Byrne | Director | Buy | 45,000 | C$0.09 | C$4,050.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Erdene Resource Development Corp. (TSE:ERD)
Latest Headlines for Erdene Resource Development Corp. (TSE:ERD)
| Source: |
|
Erdene Resource Development Corp. (ERD) Chart for Saturday, September, 23, 2017
