Go Pro
→ A letter from Shannon Stansberry (From Porter & Company) (Ad)tc pixel Free ERD Stock Alerts

Erdene Resource Development (ERD) Competitors

Erdene Resource Development logo
C$5.87 +0.34 (+6.15%)
As of 08/6/2026 04:00 PM Eastern
Compare

ERD vs. MDI, NDM, NCX, ARA, and SCZ

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), Northern Dynasty Minerals (NDM), NorthIsle Copper and Gold (NCX), Aclara Resources (ARA), and Santacruz Silver Mining (SCZ).

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 materials companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, profitability, media sentiment, institutional ownership, risk, valuation, earnings and dividends.

Major Drilling Group International presently has a consensus target price of C$21.00, suggesting a potential upside of 37.98%. Erdene Resource Development has a consensus target price of C$14.40, suggesting a potential upside of 145.32%. 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 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$889.08M1.41C$41.61MC$0.2658.54
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01587.00

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

56.0% 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 company will outperform the market over the long term.

Major Drilling Group International has a beta of 1.652419, meaning that its share price is 65% more volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.196832, meaning that its share price is 120% more volatile than the broader market.

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 Northern Dynasty Minerals?

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

Erdene Resource Development's return on equity of 1.72% beat Northern Dynasty Minerals' return on equity.

Company Net Margins Return on Equity Return on Assets
Northern Dynasty MineralsN/A -106.87% -8.16%
Erdene Resource Development N/A 1.72%-6.56%

Northern Dynasty Minerals 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
Northern Dynasty MineralsN/AN/A-C$17.31M-C$0.10N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01587.00

Northern Dynasty Minerals has a beta of -0.410777, indicating that its share price is 141% less volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.196832, indicating that its share price is 120% more volatile than the broader market.

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 possible upside, analysts clearly believe Erdene Resource Development is more favorable than Northern Dynasty Minerals.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Northern Dynasty Minerals
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

9.3% of Northern Dynasty Minerals shares are owned by institutional investors. Comparatively, 4.0% of Erdene Resource Development shares are owned by institutional investors. 1.9% of Northern Dynasty Minerals shares are owned by company insiders. Comparatively, 22.5% of Erdene Resource Development shares are owned 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, Northern Dynasty Minerals had 1 more articles in the media than Erdene Resource Development. MarketBeat recorded 1 mentions for Northern Dynasty Minerals and 0 mentions for Erdene Resource Development. Northern Dynasty Minerals' average media sentiment score of 0.00 equaled Erdene Resource Development'saverage media sentiment score.

Company Overall Sentiment
Northern Dynasty Minerals Neutral
Erdene Resource Development Neutral

Summary

Erdene Resource Development beats Northern Dynasty Minerals on 10 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 materials companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, institutional ownership, valuation, media sentiment, analyst recommendations, risk, profitability and earnings.

Erdene Resource Development currently has a consensus target price of C$14.40, indicating a potential upside of 145.32%. NorthIsle Copper and Gold has a consensus target price of C$5.50, indicating a potential upside of 42.12%. Given Erdene Resource Development's higher possible upside, 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

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$0.01587.00
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%

Erdene Resource Development has a beta of 2.196832, indicating that its stock price is 120% more volatile than the broader market. Comparatively, NorthIsle Copper and Gold has a beta of 1.688481, indicating that its stock price is 69% more volatile than the broader market.

In the previous week, NorthIsle Copper and Gold's average media sentiment score of 0.48 beat Erdene Resource Development's score of 0.00 indicating that NorthIsle Copper and Gold is being referred to more favorably in the news media.

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

4.0% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 8.2% of NorthIsle Copper and Gold shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by insiders. Comparatively, 14.0% of NorthIsle Copper and Gold shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Erdene Resource Development beats NorthIsle Copper and Gold on 8 of the 12 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 materials companies, but which is the better stock? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, risk, analyst recommendations, profitability, valuation and earnings.

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
Aclara ResourcesN/AN/A-C$8.08M-C$0.04N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01587.00

Aclara Resources has a beta of 0.747815, suggesting that its stock price is 25% less volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.196832, suggesting that its stock price is 120% more volatile than the broader market.

3.5% of Aclara Resources shares are owned by institutional investors. Comparatively, 4.0% of Erdene Resource Development shares are owned by institutional investors. 96.9% of Aclara Resources shares are owned by company insiders. Comparatively, 22.5% of Erdene Resource Development shares are owned by company 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 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, 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, Aclara Resources had 2 more articles in the media than Erdene Resource Development. MarketBeat recorded 2 mentions for Aclara Resources and 0 mentions for Erdene Resource Development. Aclara Resources' average media sentiment score of 0.00 equaled Erdene Resource Development'saverage media sentiment score.

Company Overall Sentiment
Aclara Resources Neutral
Erdene Resource Development Neutral

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 ResourcesN/A -6.23% -4.93%
Erdene Resource Development N/A 1.72%-6.56%

Summary

Erdene Resource Development beats Aclara Resources on 9 of the 12 factors compared between the two stocks.

How does Erdene Resource Development compare to Santacruz Silver Mining?

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

Santacruz Silver Mining has higher revenue and earnings than Erdene Resource Development. Santacruz Silver 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$0.01587.00
Santacruz Silver MiningC$383.60M2.68C$106.93MC$0.6517.08

In the previous week, Santacruz Silver Mining had 3 more articles in the media than Erdene Resource Development. MarketBeat recorded 3 mentions for Santacruz Silver Mining and 0 mentions for Erdene Resource Development. Santacruz Silver Mining's average media sentiment score of 0.57 beat Erdene Resource Development's score of 0.00 indicating that Santacruz Silver Mining is being referred to more favorably in the news media.

Company Overall Sentiment
Erdene Resource Development Neutral
Santacruz Silver Mining Positive

Santacruz Silver Mining has a net margin of 15.96% compared to Erdene Resource Development's net margin of 0.00%. Santacruz Silver Mining's return on equity of 33.35% beat Erdene Resource Development's return on equity.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A 1.72% -6.56%
Santacruz Silver Mining 15.96%33.35%1.19%

Erdene Resource Development has a beta of 2.196832, meaning that its stock price is 120% more volatile than the broader market. Comparatively, Santacruz Silver Mining has a beta of 3.328227, meaning that its stock price is 233% more 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 higher probable upside, research analysts plainly believe Erdene Resource Development is more favorable than Santacruz Silver 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
Santacruz Silver Mining
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
4.00

4.0% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 10.2% of Santacruz Silver Mining shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by insiders. Comparatively, 7.0% of Santacruz Silver Mining shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Santacruz Silver Mining beats Erdene Resource Development on 12 of the 16 factors compared between the two stocks.

Get Erdene Resource Development News Delivered to You Automatically

Sign up to receive the latest news and ratings for ERD and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

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.
Skip Chart

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.
Skip Chart

ERD vs. The Competition

Export
MetricErdene Resource DevelopmentMetals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$384.44MC$3.74BC$4.82BC$12.52B
Dividend Yield1.78%5.25%4.73%6.20%
P/E Ratio587.0022.2220.7334.29
Price / SalesN/A8,772.295,204.289.84
Price / Cash30.5629.3226.8382.29
Price / Book4.3810.248.644.50
Net Income-C$887.99KC$122.43MC$154.73MC$299.09M
7 Day Performance9.11%6.11%5.13%2.56%
1 Month Performance12.67%3.02%2.88%1.58%
1 Year Performance505.15%50.52%40.72%33.86%

Erdene Resource Development Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERD
Erdene Resource Development
1.4501 of 5 stars		C$5.87
+6.1%		C$14.40
+145.3%		+499.0%C$384.44MN/A587.0060
MDI
Major Drilling Group International
N/AC$13.94
-0.4%		C$21.00
+50.6%		+74.1%C$1.15BC$889.08M53.622,500
NDM
Northern Dynasty Minerals
N/AC$1.98
+1.0%		N/A+103.6%C$1.11BN/AN/AN/A
NCX
NorthIsle Copper and Gold
2.2249 of 5 stars		C$3.25
-1.2%		C$5.50
+69.2%		+207.1%C$1.08BN/AN/AN/A
ARA
Aclara Resources
N/AC$3.56
-0.6%		N/A+167.8%C$877.81MN/AN/A71

Related Companies and Tools

Related Companies
Top 10 Stock Comparisons

This page (TSE:ERD) was last updated on 8/7/2026 by MarketBeat.com Staff.
From Our Partners
ALERT: Drop these 5 stocks before the market opens tomorrow!
The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...
Weiss Ratings | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Tru...
Altimetry | Sponsoredtc pixel
Ready to give options a try? Your first trade (Ticker included) -INSIDE
Tired of trying tactic after tactic when it comes to options trades... only to be met with market noise and st...
Base Camp Trading | Sponsoredtc pixel
The $15 Gold Fund That Pays Up to $1,152/Month
Gold is hitting record highs, but most investors are leaving income on the table. A $15 fund is quietly paying...
Investors Alley | Sponsoredtc pixel
Buy this stock today
Marc Chaikin, founder of Chaikin Analytics, is sharing a strategy he calls 'Sell This, Buy That' - a way to mo...
Chaikin Analytics | Sponsoredtc pixel
CODE RED: AI Meltdown Imminent?
After correctly predicting the 2008 and 2020 stock market meltdowns, I believe this AI company is about to tri...
Paradigm Press | Sponsoredtc pixel
They didn't warn anyone in 1971. This time someone is warning you.
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel