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Erdene Resource Development (ERD) Competitors

Erdene Resource Development logo
C$6.54 -0.01 (-0.15%)
As of 09/4/2026 04:00 PM Eastern

ERD vs. TLG, FF, ATX, MKO, and SBB

Should you buy Erdene Resource Development stock or one of its competitors? Erdene Resource Development's main competitors and comparable companies include Troilus Gold (TLG), First Mining Gold (FF), ATEX Resources (ATX), Mako Mining (MKO), and Sabina Gold & Silver (SBB). 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 Troilus Gold?

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

Troilus 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
Troilus GoldN/AN/A-C$29.77M-C$0.15N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.2328.43

In the previous week, Erdene Resource Development had 1 more articles in the media than Troilus Gold. MarketBeat recorded 1 mentions for Erdene Resource Development and 0 mentions for Troilus Gold. Erdene Resource Development's average media sentiment score of 0.40 beat Troilus Gold's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the news media.

Company Overall Sentiment
Troilus Gold Neutral
Erdene Resource Development Neutral

Troilus Gold has a beta of 2.417629, meaning that its share price is 142% 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.

28.5% of Troilus Gold shares are owned by institutional investors. Comparatively, 6.2% of Erdene Resource Development shares are owned by institutional investors. 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 20.52% beat Troilus Gold's return on equity.

Company Net Margins Return on Equity Return on Assets
Troilus GoldN/A -85.35% N/A
Erdene Resource Development N/A 20.52%-6.56%

Erdene Resource Development has a consensus price target of C$14.40, suggesting a potential upside of 120.18%. Given Erdene Resource Development's higher possible upside, analysts clearly believe Erdene Resource Development is more favorable than Troilus Gold.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Troilus Gold
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
3 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

Erdene Resource Development beats Troilus Gold on 9 of the 14 factors compared between the two stocks.

How does Erdene Resource Development compare to First Mining Gold?

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

Erdene Resource Development has a beta of 2.13926, suggesting that its stock price is 114% more volatile than the broader market. Comparatively, First Mining Gold has a beta of 0.977914, suggesting that its stock price is 2% less volatile than the broader market.

Erdene Resource Development currently has a consensus price target of C$14.40, suggesting a potential upside of 120.18%. First Mining Gold has a consensus price target of C$1.05, suggesting a potential upside of 16.67%. Given Erdene Resource Development's higher possible upside, equities research analysts plainly believe Erdene Resource Development is more favorable than First Mining 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
First Mining Gold
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Erdene Resource Development's return on equity of 20.52% beat First Mining Gold's return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 20.52% -6.56%
First Mining Gold N/A -32.30%-5.67%

6.2% of Erdene Resource Development shares are held by institutional investors. Comparatively, 10.6% of First Mining Gold shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by company insiders. Comparatively, 4.2% of First Mining Gold 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.

First Mining 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$0.2328.43
First Mining GoldN/AN/A-C$46.59M-C$0.06N/A

In the previous week, Erdene Resource Development had 1 more articles in the media than First Mining Gold. MarketBeat recorded 1 mentions for Erdene Resource Development and 0 mentions for First Mining Gold. Erdene Resource Development's average media sentiment score of 0.40 beat First Mining Gold's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the media.

Company Overall Sentiment
Erdene Resource Development Neutral
First Mining Gold Neutral

Summary

Erdene Resource Development beats First Mining Gold on 9 of the 11 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 better business? We will compare the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings, media sentiment and analyst recommendations.

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$0.2328.43
ATEX ResourcesN/AN/A-C$40.50M-C$0.25N/A

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

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%-125.35%-82.24%

In the previous week, Erdene Resource Development had 1 more articles in the media than ATEX Resources. MarketBeat recorded 1 mentions for Erdene Resource Development and 0 mentions for ATEX Resources. Erdene Resource Development's average media sentiment score of 0.40 beat ATEX Resources' score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the media.

Company Overall Sentiment
Erdene Resource Development Neutral
ATEX Resources Neutral

6.2% 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 insiders. Comparatively, 16.5% of ATEX Resources shares are held by 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.

Erdene Resource Development presently has a consensus target price of C$14.40, suggesting a potential upside of 120.18%. 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, research 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

Summary

Erdene Resource Development beats ATEX Resources on 10 of the 15 factors compared between the two stocks.

How does Erdene Resource Development compare to Mako Mining?

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

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
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.2328.43
Mako MiningC$209.16M5.93C$20.15MC$0.5923.98

6.2% of Erdene Resource Development shares are held by institutional investors. Comparatively, 0.5% of Mako Mining shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Erdene Resource Development has a beta of 2.13926, meaning that its stock price is 114% more volatile than the broader market. Comparatively, Mako Mining has a beta of 1.924749, meaning that its stock price is 92% more volatile than the broader market.

Erdene Resource Development currently has a consensus target price of C$14.40, indicating a potential upside of 120.18%. Mako Mining has a consensus target price of C$20.00, indicating a potential upside of 41.34%. Given Erdene Resource Development's higher possible upside, research analysts plainly believe Erdene Resource Development is more favorable than Mako Mining.

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
Mako Mining
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

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
Erdene Resource DevelopmentN/A 20.52% -6.56%
Mako Mining 25.06%33.99%N/A

In the previous week, Erdene Resource Development had 1 more articles in the media than Mako Mining. MarketBeat recorded 1 mentions for Erdene Resource Development and 0 mentions for Mako Mining. Erdene Resource Development's average media sentiment score of 0.40 beat Mako Mining's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the media.

Company Overall Sentiment
Erdene Resource Development Neutral
Mako Mining Neutral

Summary

Erdene Resource Development beats Mako Mining on 7 of the 13 factors compared between the two stocks.

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

Sabina Gold & Silver (TSE:SBB) 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 institutional ownership, risk, dividends, valuation, media sentiment, earnings, analyst recommendations and profitability.

32.0% of Sabina Gold & Silver shares are held by institutional investors. Comparatively, 6.2% of Erdene Resource Development shares are held by institutional investors. 0.9% of Sabina Gold & Silver 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, hedge funds and endowments believe a stock 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
Sabina Gold & SilverN/A -2.11% -1.20%
Erdene Resource Development N/A 20.52%-6.56%

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

In the previous week, Erdene Resource Development had 1 more articles in the media than Sabina Gold & Silver. MarketBeat recorded 1 mentions for Erdene Resource Development and 0 mentions for Sabina Gold & Silver. Erdene Resource Development's average media sentiment score of 0.40 beat Sabina Gold & Silver's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the news media.

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

Erdene Resource Development has a consensus target price of C$14.40, suggesting a potential upside of 120.18%. Given Erdene Resource Development's stronger consensus rating and higher possible upside, 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
Sabina Gold & Silver
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

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
Sabina Gold & SilverN/AN/A-C$14.36M-C$0.03N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.2328.43

Summary

Erdene Resource Development beats Sabina Gold & Silver on 11 of the 13 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$429.02MC$4.04BC$5.06BC$12.64B
Dividend Yield1.78%5.16%4.67%6.25%
P/E Ratio28.4325.6426.0739.38
Price / SalesN/A8,945.245,320.769.93
Price / Cash30.5629.7327.1382.29
Price / Book4.3912.7110.614.73
Net Income-C$887.99KC$125.28MC$156.45MC$299.09M
7 Day Performance-1.21%-0.44%-0.35%-0.25%
1 Month Performance11.41%15.38%11.68%2.14%
1 Year Performance-15.39%53.91%42.52%27.60%

Erdene Resource Development Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERD
Erdene Resource Development
2.2655 of 5 stars
C$6.54
-0.2%
C$14.40
+120.2%
-15.4%C$429.02MN/A28.4360
TLG
Troilus Gold
0.0048 of 5 stars
C$2.35
-0.8%
N/A+123.0%C$1.30BN/AN/AN/A
FF
First Mining Gold
2.1835 of 5 stars
C$0.91
-6.2%
C$1.05
+15.4%
+313.8%C$1.28BN/AN/A470
ATX
ATEX Resources
1.8107 of 5 stars
C$3.37
flat
C$4.67
+38.5%
+45.3%C$1.26BN/AN/AN/A
MKO
Mako Mining
N/AC$14.01
-7.5%
C$20.00
+42.8%
+113.7%C$1.23BC$209.16M23.7514,600

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This page (TSE:ERD) was last updated on 9/6/2026 by MarketBeat.com Staff.
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