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: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:ERD
- CUSIP: N/A
- Web: N/A
- Market Cap: C$174.47 million
- Outstanding Shares: 145,390,000
- 50 Day Moving Avg: C$1.13
- 200 Day Moving Avg: C$0.81
- 52 Week Range: C$0.28 - C$1.40
Sales & Book Value:
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Annual Revenue: N/A
- Price / Sales: N/A
- Book Value: C$0.03 per share
- Price / Book: 40.00
- Average Volume: 198,848 shs.
- Short Ratio: 0.03
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."
Where is Erdene Resource Development Corp.'s stock going? Where will Erdene Resource Development Corp.'s stock price be in 2017?
1 brokers have issued 12-month price targets for Erdene Resource Development Corp.'s shares. Their predictions range from C$1.50 to C$1.50. On average, they expect Erdene Resource Development Corp.'s share 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 Gdi Integrated Facility Services (GDI), Mainstreet Equity Corp. (MEQ), Information Services Corp (ISV), Golden Star Resources (GSC), Aimia (AIM), Pure Technologies (PUR), MCAN Mortgage (MKP), Firm Capital Mortgage Investment Corp (FC), K Bro Linen (KBL), Absolute Software (ABT), Perseus Mining Ltd (PRU), Liquor Stores N.A. Ltd (LIQ), Acadian Timber Corp (ADN), Tembec (TMB), AirBoss of America Corp (BOS), TSO3 (TOS), North American Palladium Ltd (PDL) and Reitmans Limited (RET).
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$1.20.
Consensus Ratings for Erdene Resource Development Corp. (TSE:ERD) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|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)
(Data available from 5/24/2015 forward)
|1/18/2017||Paradigm Capital||Reiterated Rating||Speculative Buy||C$1.50|
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)
(Data available from 1/1/2013 forward)
|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|
|1/13/2016||John Philip Byrne||Director||Buy||59,000||C$0.14||C$8,260.00|
|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|
Headline Trends for Erdene Resource Development Corp. (TSE:ERD)
Latest Headlines for Erdene Resource Development Corp. (TSE:ERD)
Erdene Resource Development Corp. (ERD) Chart for Wednesday, May, 24, 2017