Erdene Resource Development (ERD) Competitors

C$6.23 +0.23 (+3.83%)

As of 05/8/2026 04:00 PM Eastern

ERD vs. MDI, SLI, ARA, TMQ, and SCZ

Should you be buying Erdene Resource Development stock or one of its competitors? The main competitors of Erdene Resource Development include Major Drilling Group International (MDI), Standard Lithium (SLI), Aclara Resources (ARA), Trilogy Metals (TMQ), and Santacruz Silver Mining (SCZ). 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 investment? We will contrast the two businesses based on the strength of their valuation, risk, institutional ownership, dividends, earnings, analyst recommendations, media sentiment and profitability.

Major Drilling Group International currently has a consensus target price of C$20.50, suggesting a potential upside of 22.32%. Erdene Resource Development has a consensus target price of C$14.40, suggesting a potential upside of 131.14%. Given Erdene Resource Development's higher probable upside, analysts plainly 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)	2 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 higher revenue and earnings than Erdene Resource Development. Erdene Resource Development is trading at a lower price-to-earnings ratio than Major Drilling Group International, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Major Drilling Group International	C$842.94M	1.63	C$41.61M	C$0.18	93.11
Erdene Resource Development	N/A	N/A	-C$887.99K	-C$0.13	N/A

Major Drilling Group International has a net margin of 1.68% compared to Erdene Resource Development's net margin of 0.00%. Major Drilling Group International's return on equity of 2.63% beat Erdene Resource Development's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Major Drilling Group International	1.68%	2.63%	6.57%
Erdene Resource Development	N/A	1.72%	-6.56%

49.5% of Major Drilling Group International shares are held by institutional investors. Comparatively, 4.2% of Erdene Resource Development shares are held by institutional investors. 0.3% of Major Drilling Group International 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 company will outperform the market over the long term.

In the previous week, Erdene Resource Development had 3 more articles in the media than Major Drilling Group International. MarketBeat recorded 3 mentions for Erdene Resource Development and 0 mentions for Major Drilling Group International. Major Drilling Group International's average media sentiment score of 1.05 beat Erdene Resource Development's score of 0.36 indicating that Major Drilling Group International is being referred to more favorably in the media.

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

Major Drilling Group International has a beta of 1.692912, suggesting that its share price is 69% more volatile than the S&P 500. Comparatively, Erdene Resource Development has a beta of 1.937695, suggesting that its share price is 94% more volatile than the S&P 500.

Summary

Major Drilling Group International beats Erdene Resource Development on 10 of the 14 factors compared between the two stocks.

How does Erdene Resource Development compare to Standard Lithium?

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

Standard Lithium's return on equity of 40.24% beat Erdene Resource Development's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Standard Lithium	N/A	40.24%	-10.09%
Erdene Resource Development	N/A	1.72%	-6.56%

In the previous week, Erdene Resource Development had 3 more articles in the media than Standard Lithium. MarketBeat recorded 3 mentions for Erdene Resource Development and 0 mentions for Standard Lithium. Standard Lithium's average media sentiment score of 1.27 beat Erdene Resource Development's score of 0.36 indicating that Standard Lithium is being referred to more favorably in the media.

Company	Overall Sentiment
Standard Lithium	Positive
Erdene Resource Development	Neutral

11.3% of Standard Lithium shares are held by institutional investors. Comparatively, 4.2% of Erdene Resource Development shares are held by institutional investors. 15.2% of Standard Lithium 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 company will outperform the market over the long term.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Standard Lithium	N/A	N/A	C$152.14M	-C$0.23	N/A
Erdene Resource Development	N/A	N/A	-C$887.99K	-C$0.13	N/A

Standard Lithium has a beta of 0.998987, suggesting that its share price is 0% less volatile than the S&P 500. Comparatively, Erdene Resource Development has a beta of 1.937695, suggesting that its share price is 94% more volatile than the S&P 500.

Erdene Resource Development has a consensus target price of C$14.40, suggesting a potential upside of 131.14%. Given Erdene Resource Development's higher probable upside, analysts plainly believe Erdene Resource Development is more favorable than Standard Lithium.

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

Summary

Standard Lithium and Erdene Resource Development tied by winning 7 of the 14 factors compared between the two stocks.

How does Erdene Resource Development compare to Aclara Resources?

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

5.0% of Aclara Resources shares are owned by institutional investors. Comparatively, 4.2% of Erdene Resource Development shares are owned by institutional investors. 96.9% of Aclara Resources shares are owned by insiders. Comparatively, 22.5% of Erdene Resource Development shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company 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
Aclara Resources	N/A	-5.47%	-4.93%
Erdene Resource Development	N/A	1.72%	-6.56%

Erdene Resource Development has a consensus target price of C$14.40, suggesting a potential upside of 131.14%. Given Erdene Resource Development's stronger consensus rating and higher probable upside, analysts plainly believe Erdene Resource Development is more favorable than Aclara Resources.

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

In the previous week, Erdene Resource Development had 2 more articles in the media than Aclara Resources. MarketBeat recorded 3 mentions for Erdene Resource Development and 1 mentions for Aclara Resources. Aclara Resources' average media sentiment score of 1.22 beat Erdene Resource Development's score of 0.36 indicating that Aclara Resources is being referred to more favorably in the media.

Company	Overall Sentiment
Aclara Resources	Positive
Erdene Resource Development	Neutral

Aclara Resources has a beta of 0.59627, suggesting that its stock price is 40% less volatile than the S&P 500. Comparatively, Erdene Resource Development has a beta of 1.937695, suggesting that its stock price is 94% more volatile than the S&P 500.

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Aclara Resources	N/A	N/A	-C$8.08M	-C$0.04	N/A
Erdene Resource Development	N/A	N/A	-C$887.99K	-C$0.13	N/A

Summary

Erdene Resource Development beats Aclara Resources on 8 of the 13 factors compared between the two stocks.

How does Erdene Resource Development compare to Trilogy Metals?

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

4.2% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 10.2% of Trilogy Metals shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by company insiders. Comparatively, 17.9% of Trilogy Metals shares are owned 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.

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

Company	Net Margins	Return on Equity	Return on Assets
Erdene Resource Development	N/A	1.72%	-6.56%
Trilogy Metals	N/A	-36.21%	-2.82%

Erdene Resource Development currently has a consensus target price of C$14.40, suggesting a potential upside of 131.14%. Trilogy Metals has a consensus target price of C$7.00, suggesting a potential upside of 13.64%. Given Erdene Resource Development's stronger consensus rating and higher probable upside, research analysts plainly believe Erdene Resource Development is more favorable than Trilogy Metals.

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
Trilogy Metals	0 Sell rating(s)	3 Hold rating(s)	2 Buy rating(s)	1 Strong Buy rating(s)	2.67

In the previous week, Erdene Resource Development had 2 more articles in the media than Trilogy Metals. MarketBeat recorded 3 mentions for Erdene Resource Development and 1 mentions for Trilogy Metals. Erdene Resource Development's average media sentiment score of 0.36 beat Trilogy Metals' score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Erdene Resource Development	0 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Trilogy Metals	0 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

Erdene Resource Development has a beta of 1.937695, suggesting that its stock price is 94% more volatile than the S&P 500. Comparatively, Trilogy Metals has a beta of 1.658196, suggesting that its stock price is 66% more volatile than the S&P 500.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Erdene Resource Development	N/A	N/A	-C$887.99K	-C$0.13	N/A
Trilogy Metals	N/A	N/A	-C$7.09M	-C$0.28	N/A

Summary

Erdene Resource Development beats Trilogy Metals on 9 of the 14 factors compared between the two stocks.

How does Erdene Resource Development compare to Santacruz Silver Mining?

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

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Santacruz Silver Mining	C$326.38M	3.49	C$106.93M	C$0.46	26.80
Erdene Resource Development	N/A	N/A	-C$887.99K	-C$0.13	N/A

In the previous week, Erdene Resource Development had 3 more articles in the media than Santacruz Silver Mining. MarketBeat recorded 3 mentions for Erdene Resource Development and 0 mentions for Santacruz Silver Mining. Erdene Resource Development's average media sentiment score of 0.36 beat Santacruz Silver Mining's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the news media.

Company	Overall Sentiment
Santacruz Silver Mining	Neutral
Erdene Resource Development	Neutral

Santacruz Silver Mining has a net margin of 12.94% compared to Erdene Resource Development's net margin of 0.00%. Santacruz Silver Mining's return on equity of 25.34% beat Erdene Resource Development's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Santacruz Silver Mining	12.94%	25.34%	1.19%
Erdene Resource Development	N/A	1.72%	-6.56%

11.5% of Santacruz Silver Mining shares are held by institutional investors. Comparatively, 4.2% of Erdene Resource Development shares are held by institutional investors. 7.0% of Santacruz Silver Mining shares are held by insiders. Comparatively, 22.5% of Erdene Resource Development shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Santacruz Silver Mining has a beta of 2.830046, suggesting that its share price is 183% more volatile than the S&P 500. Comparatively, Erdene Resource Development has a beta of 1.937695, suggesting that its share price is 94% more volatile than the S&P 500.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Santacruz Silver Mining	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	4.00
Erdene Resource Development	0 Sell rating(s)	0 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	3.00

Summary

Santacruz Silver Mining beats Erdene Resource Development on 11 of the 16 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.

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.

ERD vs. The Competition

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Metric	Erdene Resource Development	Other Industrial Metals & Mining Industry	Materials Sector	TSE Exchange
Market Cap	C$391.77M	C$1.57B	C$4.85B	C$11.86B
Dividend Yield	1.78%	6.56%	4.96%	6.23%
P/E Ratio	-47.92	27.32	22.53	25.18
Price / Sales	N/A	63,729.61	7,615.07	12.37
Price / Cash	30.56	24.63	27.56	82.42
Price / Book	4.65	5.67	6.96	4.60
Net Income	-C$887.99K	C$70.60M	C$159.29M	C$299.62M
7 Day Performance	4.71%	3.26%	2.71%	1.50%
1 Month Performance	-5.46%	6.50%	4.00%	3.24%
1 Year Performance	562.77%	118.80%	79.07%	57.14%

Erdene Resource Development Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
ERD Erdene Resource Development	1.8495 of 5 stars	C$6.23 +3.8%	C$14.40 +131.1%	N/A	C$391.77M	N/A	N/A	60	News Coverage Earnings Report
MDI Major Drilling Group International	2.2306 of 5 stars	C$15.67 +2.0%	C$20.50 +30.8%	N/A	C$1.29B	C$842.94M	87.06	2,500	Positive News Lockup Expiration
SLI Standard Lithium	0.15 of 5 stars	C$5.27 +5.0%	N/A	N/A	C$1.28B	N/A	N/A	N/A
ARA Aclara Resources	N/A	C$4.86 +0.8%	N/A	N/A	C$1.18B	N/A	N/A	71	News Coverage Earnings Report
TMQ Trilogy Metals	1.4462 of 5 stars	C$5.98 +9.7%	C$7.00 +17.1%	N/A	C$1.03B	N/A	N/A	5

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This page (TSE:ERD) was last updated on 5/9/2026 by MarketBeat.com Staff.

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Erdene Resource Development (ERD) Competitors

ERD vs. MDI, SLI, ARA, TMQ, and SCZ

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

Summary

How does Erdene Resource Development compare to Standard Lithium?

Summary

How does Erdene Resource Development compare to Aclara Resources?

Summary

How does Erdene Resource Development compare to Trilogy Metals?

Summary

How does Erdene Resource Development compare to Santacruz Silver Mining?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

ERD vs. The Competition

Erdene Resource Development Competitors List

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Stock Ideas and Recommendations

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Erdene Resource Development (ERD) Competitors

ERD vs. MDI, SLI, ARA, TMQ, and SCZ

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

Do analysts prefer MDI or ERD?

Which has higher earnings & valuation, MDI or ERD?

Is MDI or ERD more profitable?

Do institutionals & insiders hold more shares of MDI or ERD?

Does the media favor MDI or ERD?

Which has more volatility and risk, MDI or ERD?

Summary

How does Erdene Resource Development compare to Standard Lithium?

Is SLI or ERD more profitable?

Does the media favor SLI or ERD?

Do institutionals & insiders hold more shares of SLI or ERD?

Which has higher earnings & valuation, SLI or ERD?

Which has more volatility and risk, SLI or ERD?

Do analysts prefer SLI or ERD?

Summary

How does Erdene Resource Development compare to Aclara Resources?

Do insiders and institutionals hold more shares of ARA or ERD?

Is ARA or ERD more profitable?

Do analysts recommend ARA or ERD?

Does the media refer more to ARA or ERD?

Which has more risk & volatility, ARA or ERD?

Which has better earnings & valuation, ARA or ERD?

Summary

How does Erdene Resource Development compare to Trilogy Metals?

Do insiders & institutionals hold more shares of ERD or TMQ?

Is ERD or TMQ more profitable?

Do analysts recommend ERD or TMQ?

Does the media prefer ERD or TMQ?

Which has more volatility & risk, ERD or TMQ?

Which has better valuation & earnings, ERD or TMQ?

Summary

How does Erdene Resource Development compare to Santacruz Silver Mining?

Which has better earnings and valuation, SCZ or ERD?

Does the media favor SCZ or ERD?

Is SCZ or ERD more profitable?

Do institutionals & insiders believe in SCZ or ERD?

Which has more risk and volatility, SCZ or ERD?

Do analysts rate SCZ or ERD?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

ERD vs. The Competition

Erdene Resource Development Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools