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Erdene Resource Development (ERD) Competitors

Erdene Resource Development logo
C$5.87 +0.07 (+1.21%)
As of 10/5/2026 04:00 PM Eastern

ERD vs. OMG, ATX, SBB, KRR, and MKO

Should you buy Erdene Resource Development stock or one of its competitors? Erdene Resource Development's main competitors and comparable companies include Omai Gold Mines (OMG), ATEX Resources (ATX), Sabina Gold & Silver (SBB), Karora Resources (KRR), and Mako Mining (MKO). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "gold" industry.

How does Erdene Resource Development compare to Omai Gold Mines?

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

Erdene Resource Development has a beta of 2.13926, indicating that its share price is 114% more volatile than the broader market. Comparatively, Omai Gold Mines has a beta of 3.828939, indicating that its share price is 283% more volatile than the broader market.

Omai Gold Mines 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$0.2325.52
Omai Gold MinesN/AN/AN/A-C$0.03N/A

6.4% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 33.1% of Omai Gold Mines shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

In the previous week, Omai Gold Mines had 1 more articles in the media than Erdene Resource Development. MarketBeat recorded 1 mentions for Omai Gold Mines and 0 mentions for Erdene Resource Development. Erdene Resource Development's average media sentiment score of 0.00 equaled Omai Gold Mines'average media sentiment score.

Company Overall Sentiment
Erdene Resource Development Neutral
Omai Gold Mines Neutral

Erdene Resource Development presently has a consensus price target of C$14.40, suggesting a potential upside of 145.32%. Omai Gold Mines has a consensus price target of C$4.25, suggesting a potential upside of 97.67%. Given Erdene Resource Development's higher possible upside, equities research analysts clearly believe Erdene Resource Development is more favorable than Omai Gold Mines.

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
Omai Gold Mines
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00

Erdene Resource Development's return on equity of 20.52% beat Omai Gold Mines' return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 20.52% -6.56%
Omai Gold Mines N/A N/A N/A

Summary

Erdene Resource Development and Omai Gold Mines tied by winning 5 of the 10 factors compared between the two stocks.

How does Erdene Resource Development compare to ATEX Resources?

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

6.4% of Erdene Resource Development shares are held by institutional investors. Comparatively, 19.0% of ATEX Resources shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by company insiders. Comparatively, 16.5% of ATEX Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Erdene Resource Development has a net margin of 0.00% compared to ATEX Resources' net margin of -85,759.84%. Erdene Resource Development's return on equity of 20.52% beat ATEX Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 20.52% -6.56%
ATEX Resources -85,759.84%-80.44%-82.24%

Erdene Resource Development presently has a consensus target price of C$14.40, suggesting a potential upside of 145.32%. ATEX Resources has a consensus target price of C$4.67, suggesting a potential upside of 38.48%. Given Erdene Resource Development's higher probable upside, equities analysts clearly believe Erdene Resource Development is more favorable than ATEX 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
ATEX Resources
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25

Erdene Resource Development has a beta of 2.13926, indicating that its share price is 114% more volatile than the broader market. Comparatively, ATEX Resources has a beta of 2.62365, indicating that its share price is 162% more volatile than the broader market.

ATEX 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$0.2325.52
ATEX ResourcesN/AN/A-C$40.50M-C$0.25N/A

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

Company Overall Sentiment
Erdene Resource Development Neutral
ATEX Resources Neutral

Summary

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

How does Erdene Resource Development compare to Sabina Gold & Silver?

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

In the previous week, Erdene Resource Development's average media sentiment score of 0.00 equaled Sabina Gold & Silver'saverage media sentiment score.

Company Overall Sentiment
Erdene Resource Development Neutral
Sabina Gold & Silver Neutral

Erdene Resource Development has a beta of 2.13926, suggesting that its share price is 114% more volatile than the broader market. Comparatively, Sabina Gold & Silver has a beta of 0.87, suggesting that its share price is 13% less volatile than the broader market.

Erdene Resource Development presently has a consensus price target of C$14.40, indicating a potential upside of 145.32%. Given Erdene Resource Development's stronger consensus rating and higher probable upside, equities research analysts clearly believe Erdene Resource Development is more favorable than Sabina Gold & Silver.

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
Sabina Gold & Silver
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

Sabina Gold & Silver 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$0.2325.52
Sabina Gold & SilverN/AN/A-C$14.36M-C$0.03N/A

6.4% of Erdene Resource Development shares are held by institutional investors. Comparatively, 32.0% of Sabina Gold & Silver shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by company insiders. Comparatively, 0.9% of Sabina Gold & Silver shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Erdene Resource Development's return on equity of 20.52% beat Sabina Gold & Silver's return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 20.52% -6.56%
Sabina Gold & Silver N/A -2.11%-1.20%

Summary

Erdene Resource Development beats Sabina Gold & Silver on 9 of the 11 factors compared between the two stocks.

How does Erdene Resource Development compare to Karora Resources?

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

Karora Resources has higher revenue and earnings than Erdene Resource Development. Karora 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
Karora ResourcesC$416.32M0.00C$8.92MC$0.05N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.2325.52

Erdene Resource Development has a consensus price target of C$14.40, suggesting a potential upside of 145.32%. Given Erdene Resource Development's stronger consensus rating and higher probable upside, analysts plainly believe Erdene Resource Development is more favorable than Karora Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Karora 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

Karora Resources has a net margin of 2.14% compared to Erdene Resource Development's net margin of 0.00%. Erdene Resource Development's return on equity of 20.52% beat Karora Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Karora Resources2.14% 2.49% 4.22%
Erdene Resource Development N/A 20.52%-6.56%

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

Company Overall Sentiment
Karora Resources Neutral
Erdene Resource Development Neutral

39.5% of Karora Resources shares are held by institutional investors. Comparatively, 6.4% of Erdene Resource Development shares are held by institutional investors. 1.0% of Karora Resources 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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Karora Resources has a beta of 2.06, meaning that its share price is 106% more volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.13926, meaning that its share price is 114% more volatile than the broader market.

Summary

Erdene Resource Development beats Karora Resources on 7 of the 13 factors compared between the two stocks.

How does Erdene Resource Development compare to Mako Mining?

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

Mako Mining presently has a consensus price target of C$20.00, indicating a potential upside of 54.44%. Erdene Resource Development has a consensus price target of C$14.40, indicating a potential upside of 145.32%. Given Erdene Resource Development's higher possible upside, analysts clearly believe Erdene Resource Development is more favorable than Mako Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Mako Mining
0 Sell rating(s)
0 Hold rating(s)
1 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

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

Company Overall Sentiment
Mako Mining Neutral
Erdene Resource Development Neutral

Mako Mining has higher revenue and earnings than Erdene Resource Development. Mako Mining 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
Mako MiningC$209.16M5.42C$20.15MC$0.5921.95
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.2325.52

Mako Mining has a net margin of 25.06% compared to Erdene Resource Development's net margin of 0.00%. Mako Mining's return on equity of 33.99% beat Erdene Resource Development's return on equity.

Company Net Margins Return on Equity Return on Assets
Mako Mining25.06% 33.99% N/A
Erdene Resource Development N/A 20.52%-6.56%

Mako Mining has a beta of 2.008552, indicating that its share price is 101% more volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.13926, indicating that its share price is 114% more volatile than the broader market.

0.8% of Mako Mining shares are held by institutional investors. Comparatively, 6.4% of Erdene Resource Development shares are held by institutional investors. 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 is poised for long-term growth.

Summary

Mako Mining beats Erdene Resource Development on 6 of the 11 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 DevelopmentMetals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$379.89MC$3.77BC$4.72BC$12.67B
Dividend Yield1.78%5.24%4.76%6.32%
P/E Ratio25.5225.2925.0739.51
Price / SalesN/A26,992.7616,068.549.08
Price / Cash30.5626.3824.3982.29
Price / Book3.9411.349.464.48
Net Income-C$887.99KC$127.14MC$159.30MC$299.09M
7 Day Performance-1.68%-1.11%-1.02%-0.29%
1 Month Performance-10.24%-5.15%-4.93%-2.86%
1 Year Performance-42.95%19.04%16.27%15.06%

Erdene Resource Development Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERD
Erdene Resource Development
1.7402 of 5 stars
C$5.87
+1.2%
C$14.40
+145.3%
-41.9%C$379.89MN/A25.5260
OMG
Omai Gold Mines
2.5158 of 5 stars
C$2.14
-0.7%
C$4.25
+99.1%
+72.0%C$1.44BN/AN/A25
ATX
ATEX Resources
1.8973 of 5 stars
C$3.37
flat
C$4.67
+38.5%
+24.8%C$1.26BN/AN/AN/A
SBB
Sabina Gold & Silver
N/AN/AN/AN/AC$1.20BN/AN/A36
KRR
Karora Resources
N/AN/AN/AN/AC$1.20BC$416.32M134.00210

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This page (TSE:ERD) was last updated on 10/6/2026 by MarketBeat.com Staff.
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