TSE:ERD

Erdene Resource Development - ERD Stock Forecast, Price & News

C$0.29

+0.01 (+3.57%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: C$0.28
▼
C$0.29
50-Day Range: C$0.27
▼
C$0.35
52-Week Range: C$0.25
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C$0.50

Volume: 13,771 shs
Average Volume: 100,441 shs
Market Capitalization: C$92.31 million

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

About Erdene Resource Development (TSE:ERD) Stock

Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. It explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company principally holds a 100% interest in the Bayan Khundii Gold Project comprising 2,309 hectares located in the Bayankhongor province in Mongolia; and the Altan Nar Gold-Polymetallic project located in located in the Bayankhongor Aimag. It also holds interests in three mining licenses and two exploration licenses 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.

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ERD Stock News Headlines

September 7, 2022 | finance.yahoo.com

Erdene Identifies New Targets in the Khundii Gold District – Exploration Update

August 11, 2022 | finance.yahoo.com

Eric Sprott Announces Holdings in Erdene Resource Development Corporation

August 4, 2022 | finance.yahoo.com

Erdene Announces Q2-2022 Results and Provides Khundii Gold District Update

July 26, 2022 | nz.finance.yahoo.com

Erdene Continues to Outline Ulaan Feeder Zone, Intersects 27 Metres of 3.5 g/t Gold, Including 2 Metres of 24.9 g/t Gold

July 22, 2022 | finance.yahoo.com

Recent gains in Erdene Resource Development Corporation (TSE:ERD) help add back some value on insider purchases worth CA$5.7m, still down CA$727k

July 21, 2022 | finance.yahoo.com

Erdene Completes $7.2M Private Placement Led by Investment From Eric Sprott

June 29, 2022 | finance.yahoo.com

Erdene Releases 2022 Shareholder Letter

June 6, 2022 | baystreet.ca

Erdene Resource Development Corporation

June 6, 2022 | finance.yahoo.com

Erdene Returns 68.2 G/T Gold Over 3 Metres Within 8.1 G/T Gold Over 41 Meters at Ulaan Southeast Gold Prospect

April 13, 2022 | finance.yahoo.com

Erdene Provides Khundii Gold District Exploration Update - Commences 2022 Drill Program

March 13, 2022 | seekingalpha.com

Erdene Resource Development GAAP EPS of -C$0.02

March 10, 2022 | finance.yahoo.com

Erdene Announces 2021 Results and Provides Khundii Gold District Update

February 8, 2022 | finance.yahoo.com

Erdene Intercepts 123.5 g/t Gold Over 5 Metres Within 15 Metres of 42.8 g/t Gold at Dark Horse Gold Prospect

January 26, 2022 | finance.yahoo.com

Erdene Extends Ulaan Gold Discovery and Plans 2022 Exploration Program; Intersects 24 Metres of 2.22 g/t Gold, Including One Metre of 27.39 g/t Gold

January 17, 2022 | nasdaq.com

Erdene Resource Development Corp (ERDCF)

January 10, 2022 | ca.finance.yahoo.com

Stocks in play: Erdene Resource Development Corporation

January 10, 2022 | finance.yahoo.com

Erdene Receives Tax Stabilization Certificate for Bayan Khundii Gold Project

December 13, 2021 | finance.yahoo.com

UPDATE 1-Mongolia says Rio Tinto agrees to write off country's Oyu Tolgoi debts

December 7, 2021 | finance.yahoo.com

Erdene Receives Significant Environmental Approval for Bayan Khundii Gold Project and Commences Early Works

November 24, 2021 | nasdaq.com

Rio Tinto CEO meets Mongolian PM for 'reset'

November 17, 2021 | finance.yahoo.com

Erdene Intersects 33.5 g/t Gold Over 8 Metres Near Surface at Dark Horse Mane Discovery

November 10, 2021 | finance.yahoo.com

Erdene Announces Q3 2021 Results and Provides Bayan Khundii Gold Project Update

October 20, 2021 | finance.yahoo.com

Erdene Continues to Expand New Ulaan Gold Discovery

October 12, 2021 | finance.yahoo.com

Erdene Closes US$5 Million Mongolian Stock Exchange Offering

September 23, 2021 | finance.yahoo.com

ERDENE EXPANDS NEW ULAAN GOLD DISCOVERY 53 Metres of 3.5 g/t Gold within 217 Metres of 1.1 g/t gold, 50 Metres North of Discovery Hole

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ERD Company Calendar

Last Earnings: 8/04/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/09/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Industrial Metals & Minerals
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): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 1.47
Quick Ratio: 0.36

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.00 per share
Price / Cash Flow: 290.00
Book Value: C$0.14 per share
Price / Book: 2.07

Miscellaneous

Outstanding Shares: 318,308,992
Free Float: N/A
Market Cap: C$92.31 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Peter C. Akerley B.Sc. (Age 59)
Pres, CEO & Director
Comp: $506.3k

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 67)
Corp. Sec.

Key Competitors

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Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ERD Stock - Frequently Asked Questions

How have ERD shares performed in 2022?: Erdene Resource Development's stock was trading at C$0.43 at the beginning of 2022. Since then, ERD stock has decreased by 32.6% and is now trading at C$0.29.
View the best growth stocks for 2022 here.
When is Erdene Resource Development's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our ERD earnings forecast.
How were Erdene Resource Development's earnings last quarter?: Erdene Resource Development Co. (TSE:ERD) issued its earnings results on Thursday, August, 4th. The company reported ($0.01) earnings per share 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$92.31 million.
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 10/2/2022 by MarketBeat.com Staff

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