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

About Erdene Resource Development Corp. (TSE:ERD)

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: 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?

Erdene Resource Development Corp. is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Erdene Resource Development Corp..

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?

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)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  20 (Vote Outperform)
Underperform Votes:  23 (Vote Underperform)
Total Votes:  43
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.

Analyst Ratings

Consensus Ratings for Erdene Resource Development Corp. (TSE:ERD) (How are Consensus Ratings Calculated?)
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 9/23/2015 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 and Institutional Ownership History for Erdene Resource Development Corp. (TSE:ERD)
Insider Trades by Quarter for Erdene Resource Development Corp. (TSE:ERD)
Insider Trades by Quarter 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

Headline Trends for Erdene Resource Development Corp. (TSE:ERD)
Latest Headlines for Erdene Resource Development Corp. (TSE:ERD)
Source:
DateHeadline
seekingalpha.com logoErdene Resource Development (ERDCF) Presents At 2017 Precious Metals Summit - Slideshow
seekingalpha.com - September 22 at 5:27 PM
finance.yahoo.com logoErdene Receives Positive Metallurgical Results for its Bayan Khundii Gold Project
finance.yahoo.com - September 14 at 7:00 PM
finance.yahoo.com logoErdene Continues to Define New Zone North of Midfield; Intersects 120 Metres of 1.14 g/t Gold Including 3 Metres of 33 g/t Gold at Bayan Khundii Gold Project
finance.yahoo.com - September 12 at 7:11 PM
finance.yahoo.com logoErdene Expands Land Position in Bayan Khundii Gold District; Closes Ulaan Project Acquisition
finance.yahoo.com - August 30 at 7:37 PM
reuters.com logoBRIEF-Erdene to buy majority interest, right to purchase 100 pct of exploration license adjacent to Bayan Khundii gold project
www.reuters.com - August 23 at 5:00 AM
reuters.com logoBRIEF-Erdene to acquire majority interest of exploration license
www.reuters.com - August 22 at 6:55 PM
reuters.com logoBRIEF-Erdene provides project and second quarter financial update
www.reuters.com - August 16 at 4:17 PM
baystreet.ca logoErdene Resource Development Corp.
www.baystreet.ca - August 16 at 4:17 PM
finance.yahoo.com logoErdene Provides Project and Second Quarter Financial Update
finance.yahoo.com - August 16 at 4:16 PM
finance.yahoo.com logoErdene Provides Exploration Update on Southwest Mongolia Gold Exploration; Continues to Expand Western Gold Zone at Bayan Khundii
finance.yahoo.com - July 17 at 11:04 AM
finance.yahoo.com logoErdene Steps Out 280m from Midfield with Multiple Mineralized Holes; 60m of 1.5 g/t Gold; Bayan Khundii Strike Now Exceeding 1.3km; Strengthens Down-Dip of Midfield with 24m of 6.5 g/t Gold
finance.yahoo.com - June 29 at 7:54 PM
finance.yahoo.com logoErdene Announces Results of Annual and Special Meeting of Shareholders
finance.yahoo.com - June 15 at 7:05 PM
finance.yahoo.com logoErdene Expands Mineralization at Bayan Khundii With 108 Metres of 2.8 g/t Gold in Step-Out Hole North of Midfield Zone and 10 Metres of 12.8 g/t Gold in Step-Out Hole East of Striker Zone
finance.yahoo.com - June 8 at 6:00 PM
baystreet.ca logoCIBT, Erdene at 52-Week Highs - Baystreet.ca
www.baystreet.ca - May 5 at 5:12 PM
baystreet.ca logoErdene Drills 80 Metres Grading 6.0 g/t Gold, Shares Hit 6-Year High
www.baystreet.ca - May 4 at 10:11 PM
finance.yahoo.com logoErdene Further Defines and Expands High-Grade Gold Zone at the Bayan Khundii ...
finance.yahoo.com - May 4 at 11:27 AM
finance.yahoo.com logoErdene Further Defines and Expands High-Grade Gold Zone at the Bayan Khundii Gold Project, Including 80 Metres of 6.0 g/t Gold and 56 Metres of 6.1 g/t Gold
finance.yahoo.com - May 4 at 11:27 AM
baystreet.ca logoNorsat Concludes Deal, Hits 52-Week High
www.baystreet.ca - April 17 at 11:38 AM
finance.yahoo.com logoErdene Launches 24,000 Metre Drill Program on Mongolia Gold Projects; Commences Drilling at Bayan Khundii
finance.yahoo.com - April 13 at 4:57 PM
finance.yahoo.com logoErdene Provides Project Review and Year-End Financial Results; Announces 24,000 Metre Drill Program for Bayan Khundii and Altan Nar Gold Projects
finance.yahoo.com - March 28 at 11:58 AM
finance.yahoo.com logoPancon Gold Appoints Layton Croft as Director
finance.yahoo.com - March 17 at 10:20 PM
finance.yahoo.com logoErdene Announces Private Placement
finance.yahoo.com - March 16 at 6:23 PM
reuters.com logoBRIEF-Erdene increases previously announced bought deal financing to C$12 mln
www.reuters.com - January 31 at 10:43 PM
finance.yahoo.com logoPancon Gold Appoints Vice President Corporate Development and Launches New Website - Yahoo Finance
finance.yahoo.com - January 27 at 6:40 PM
seekingalpha.com logoTop 3 Gold Intercepts Drilled In December - Seeking Alpha
seekingalpha.com - January 17 at 3:30 PM
bizjournals.com logoIIROC Trading Halt - ERD
www.bizjournals.com - January 10 at 5:58 PM
seekingalpha.com logo2 Undervalued Gold Juniors - Seeking Alpha
seekingalpha.com - December 23 at 3:15 AM
seekingalpha.com logo2 Undervalued Gold Juniors
seekingalpha.com - December 22 at 5:12 PM
finance.yahoo.com logoErdene Intersects 110 Metres of 9.3 g/t Gold at Altan Nar Project
finance.yahoo.com - December 20 at 10:02 AM
seekingalpha.com logoResource Sector Digest: Bonanza? Not - Seeking Alpha
seekingalpha.com - December 6 at 10:13 PM
finance.yahoo.com logoIIROC Trade Resumption - ERD
finance.yahoo.com - December 3 at 4:40 PM

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Chart

Erdene Resource Development Corp. (ERD) Chart for Saturday, September, 23, 2017

This page was last updated on 9/23/2017 by MarketBeat.com Staff