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Erdene Resource Development (ERD) Competitors

Erdene Resource Development logo
C$5.21 -0.22 (-4.05%)
As of 07/7/2026 04:00 PM Eastern

ERD vs. MDI, NCX, ARA, MOON, and SLI

Should you buy Erdene Resource Development stock or one of its competitors? MarketBeat compares Erdene Resource Development with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Erdene Resource Development include Major Drilling Group International (MDI), NorthIsle Copper and Gold (NCX), Aclara Resources (ARA), Blue Moon Metals (MOON), and Standard Lithium (SLI). These companies are all part of the "other industrial metals & mining" industry.

How does Erdene Resource Development compare to Major Drilling Group International?

Major Drilling Group International (TSE:MDI) and Erdene Resource Development (TSE:ERD) are both small-cap basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, valuation, media sentiment, dividends, profitability, analyst recommendations, institutional ownership and risk.

Major Drilling Group International has higher revenue and earnings than Erdene Resource Development. Major Drilling Group International is trading at a lower price-to-earnings ratio than Erdene Resource Development, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Major Drilling Group InternationalC$889.08M1.34C$41.61MC$0.2655.85
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01521.00

Major Drilling Group International has a beta of 1.665546, suggesting that its share price is 67% more volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.193667, suggesting that its share price is 119% more volatile than the broader market.

55.8% of Major Drilling Group International shares are held by institutional investors. Comparatively, 4.0% of Erdene Resource Development shares are held by institutional investors. 0.3% of Major Drilling Group International shares are held by insiders. Comparatively, 22.5% of Erdene Resource Development shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Major Drilling Group International's average media sentiment score of 0.00 equaled Erdene Resource Development'saverage media sentiment score.

Company Overall Sentiment
Major Drilling Group International Neutral
Erdene Resource Development Neutral

Major Drilling Group International presently has a consensus target price of C$21.00, indicating a potential upside of 44.63%. Erdene Resource Development has a consensus target price of C$14.40, indicating a potential upside of 176.39%. Given Erdene Resource Development's higher probable upside, analysts clearly believe Erdene Resource Development is more favorable than Major Drilling Group International.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Major Drilling Group International
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Major Drilling Group International has a net margin of 2.40% compared to Erdene Resource Development's net margin of 0.00%. Major Drilling Group International's return on equity of 3.91% beat Erdene Resource Development's return on equity.

Company Net Margins Return on Equity Return on Assets
Major Drilling Group International2.40% 3.91% 6.57%
Erdene Resource Development N/A 1.72%-6.56%

Summary

Major Drilling Group International beats Erdene Resource Development on 8 of the 12 factors compared between the two stocks.

How does Erdene Resource Development compare to NorthIsle Copper and Gold?

Erdene Resource Development (TSE:ERD) and NorthIsle Copper and Gold (CVE:NCX) are both small-cap basic materials companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and valuation.

Erdene Resource Development has a beta of 2.193667, suggesting that its share price is 119% more volatile than the broader market. Comparatively, NorthIsle Copper and Gold has a beta of 1.704797, suggesting that its share price is 70% more volatile than the broader market.

NorthIsle Copper and Gold is trading at a lower price-to-earnings ratio than Erdene Resource Development, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01521.00
NorthIsle Copper and GoldN/AN/A-C$9.83M-C$0.07N/A

Erdene Resource Development's return on equity of 1.72% beat NorthIsle Copper and Gold's return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 1.72% -6.56%
NorthIsle Copper and Gold N/A -30.68%-31.83%

4.0% of Erdene Resource Development shares are held by institutional investors. Comparatively, 8.3% of NorthIsle Copper and Gold shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by insiders. Comparatively, 14.0% of NorthIsle Copper and Gold shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, Erdene Resource Development's average media sentiment score of 0.00 equaled NorthIsle Copper and Gold'saverage media sentiment score.

Company Overall Sentiment
Erdene Resource Development Neutral
NorthIsle Copper and Gold Neutral

Erdene Resource Development currently has a consensus price target of C$14.40, suggesting a potential upside of 176.39%. NorthIsle Copper and Gold has a consensus price target of C$5.50, suggesting a potential upside of 71.88%. Given Erdene Resource Development's higher probable upside, equities research analysts plainly believe Erdene Resource Development is more favorable than NorthIsle Copper and Gold.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
NorthIsle Copper and Gold
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

Summary

Erdene Resource Development beats NorthIsle Copper and Gold on 8 of the 11 factors compared between the two stocks.

How does Erdene Resource Development compare to Aclara Resources?

Erdene Resource Development (TSE:ERD) and Aclara Resources (TSE:ARA) are both small-cap basic materials companies, but which is the superior investment? We will contrast the two companies based on the strength of their media sentiment, analyst recommendations, dividends, earnings, profitability, valuation, institutional ownership and risk.

4.0% of Erdene Resource Development shares are held by institutional investors. Comparatively, 3.8% of Aclara Resources shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by company insiders. Comparatively, 96.9% of Aclara Resources shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Erdene Resource Development's return on equity of 1.72% beat Aclara Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 1.72% -6.56%
Aclara Resources N/A -6.23%-4.93%

Aclara Resources is trading at a lower price-to-earnings ratio than Erdene Resource Development, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01521.00
Aclara ResourcesN/AN/A-C$8.08M-C$0.04N/A

In the previous week, Erdene Resource Development's average media sentiment score of 0.00 equaled Aclara Resources'average media sentiment score.

Company Overall Sentiment
Erdene Resource Development Neutral
Aclara Resources Neutral

Erdene Resource Development presently has a consensus target price of C$14.40, indicating a potential upside of 176.39%. Given Erdene Resource Development's stronger consensus rating and higher probable upside, research analysts clearly believe Erdene Resource Development is more favorable than Aclara Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Aclara Resources
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Erdene Resource Development has a beta of 2.193667, indicating that its share price is 119% more volatile than the broader market. Comparatively, Aclara Resources has a beta of 0.684443, indicating that its share price is 32% less volatile than the broader market.

Summary

Erdene Resource Development beats Aclara Resources on 9 of the 11 factors compared between the two stocks.

How does Erdene Resource Development compare to Blue Moon Metals?

Blue Moon Metals (CVE:MOON) and Erdene Resource Development (TSE:ERD) are both small-cap basic materials companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, risk, analyst recommendations, valuation, institutional ownership, profitability and media sentiment.

Erdene Resource Development's return on equity of 1.72% beat Blue Moon Metals' return on equity.

Company Net Margins Return on Equity Return on Assets
Blue Moon MetalsN/A -35.72% -16.79%
Erdene Resource Development N/A 1.72%-6.56%

In the previous week, Blue Moon Metals had 3 more articles in the media than Erdene Resource Development. MarketBeat recorded 3 mentions for Blue Moon Metals and 0 mentions for Erdene Resource Development. Blue Moon Metals' average media sentiment score of 0.20 beat Erdene Resource Development's score of 0.00 indicating that Blue Moon Metals is being referred to more favorably in the media.

Company Overall Sentiment
Blue Moon Metals Neutral
Erdene Resource Development Neutral

Blue Moon Metals is trading at a lower price-to-earnings ratio than Erdene Resource Development, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Blue Moon MetalsN/AN/A-C$577.77K-C$10.70N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01521.00

Blue Moon Metals presently has a consensus price target of C$12.00, suggesting a potential upside of 36.52%. Erdene Resource Development has a consensus price target of C$14.40, suggesting a potential upside of 176.39%. Given Erdene Resource Development's higher possible upside, analysts clearly believe Erdene Resource Development is more favorable than Blue Moon Metals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Blue Moon Metals
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

10.5% of Blue Moon Metals shares are held by institutional investors. Comparatively, 4.0% of Erdene Resource Development shares are held by institutional investors. 29.6% of Blue Moon Metals shares are held by company insiders. Comparatively, 22.5% of Erdene Resource Development shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Blue Moon Metals has a beta of 0.476058, indicating that its stock price is 52% less volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.193667, indicating that its stock price is 119% more volatile than the broader market.

Summary

Blue Moon Metals and Erdene Resource Development tied by winning 6 of the 12 factors compared between the two stocks.

How does Erdene Resource Development compare to Standard Lithium?

Erdene Resource Development (TSE:ERD) and Standard Lithium (CVE:SLI) are both small-cap basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, risk, valuation, dividends, earnings, profitability, media sentiment and institutional ownership.

4.0% of Erdene Resource Development shares are held by institutional investors. Comparatively, 11.2% of Standard Lithium shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by company insiders. Comparatively, 15.2% of Standard Lithium shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Erdene Resource Development's return on equity of 1.72% beat Standard Lithium's return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 1.72% -6.56%
Standard Lithium N/A -15.68%-10.09%

In the previous week, Erdene Resource Development's average media sentiment score of 0.00 equaled Standard Lithium'saverage media sentiment score.

Company Overall Sentiment
Erdene Resource Development Neutral
Standard Lithium Neutral

Erdene Resource Development has a beta of 2.193667, indicating that its share price is 119% more volatile than the broader market. Comparatively, Standard Lithium has a beta of 1.6359, indicating that its share price is 64% more volatile than the broader market.

Erdene Resource Development currently has a consensus target price of C$14.40, indicating a potential upside of 176.39%. Given Erdene Resource Development's higher possible upside, equities analysts clearly believe Erdene Resource Development is more favorable than Standard Lithium.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Standard Lithium
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
4.00

Standard Lithium is trading at a lower price-to-earnings ratio than Erdene Resource Development, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01521.00
Standard LithiumN/AN/AC$152.14M-C$0.23N/A

Summary

Erdene Resource Development beats Standard Lithium on 8 of the 12 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ERD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ERD vs. The Competition

MetricErdene Resource DevelopmentOther Industrial Metals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$341.22MC$1.43BC$4.63BC$13.09B
Dividend Yield1.78%6.56%5.01%6.17%
P/E Ratio521.0017.8821.0136.24
Price / SalesN/A49,573.975,978.3710.00
Price / Cash30.5624.6326.8682.29
Price / Book3.895.418.654.44
Net Income-C$887.99KC$70.60MC$157.26MC$299.09M
7 Day Performance-0.95%-1.97%-0.39%0.46%
1 Month Performance-2.62%-5.55%-3.12%0.41%
1 Year Performance442.71%73.59%43.34%33.82%

Erdene Resource Development Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERD
Erdene Resource Development
1.6873 of 5 stars
C$5.21
-4.1%
C$14.40
+176.4%
+410.8%C$341.22MN/A521.0060
MDI
Major Drilling Group International
2.3851 of 5 stars
C$14.88
flat
C$21.00
+41.1%
+60.3%C$1.22BC$889.08M57.232,500
NCX
NorthIsle Copper and Gold
1.9379 of 5 stars
C$3.10
flat
C$5.50
+77.4%
+167.8%C$1.03BN/AN/AN/A
ARA
Aclara Resources
N/AC$4.02
flat
N/A+253.7%C$991.24MN/AN/A71
MOON
Blue Moon Metals
2.2127 of 5 stars
C$9.19
flat
C$12.00
+30.6%
+171.3%C$963.53MN/AN/AN/A

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This page (TSE:ERD) was last updated on 7/8/2026 by MarketBeat.com Staff.
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