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Erdene Resource Development (ERD) Competitors

Erdene Resource Development logo
C$5.34 +0.03 (+0.56%)
As of 04:00 PM Eastern

ERD vs. MDI, SLI, ARA, NCX, 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), Standard Lithium (SLI), Aclara Resources (ARA), NorthIsle Copper and Gold (NCX), 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?

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

Erdene Resource Development has a beta of 2.085317, suggesting that its share price is 109% more volatile than the broader market. Comparatively, Major Drilling Group International has a beta of 1.588469, suggesting that its share price is 59% more volatile than the broader market.

Erdene Resource Development currently has a consensus target price of C$14.40, indicating a potential upside of 169.66%. Major Drilling Group International has a consensus target price of C$21.00, indicating a potential upside of 40.75%. Given Erdene Resource Development's higher possible 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
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
0 Sell rating(s)
0 Hold rating(s)
3 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
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01534.00
Major Drilling Group InternationalC$889.08M1.38C$41.61MC$0.2657.38

4.2% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 54.1% of Major Drilling Group International shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by insiders. Comparatively, 0.3% of Major Drilling Group International shares are owned 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, Major Drilling Group International had 1 more articles in the media than Erdene Resource Development. MarketBeat recorded 3 mentions for Major Drilling Group International and 2 mentions for Erdene Resource Development. Major Drilling Group International's average media sentiment score of 0.97 beat Erdene Resource Development's score of 0.48 indicating that Major Drilling Group International is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Erdene Resource Development
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Major Drilling Group International
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
Erdene Resource DevelopmentN/A 1.72% -6.56%
Major Drilling Group International 2.40%3.91%6.57%

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, earnings, dividends, media sentiment, analyst recommendations, institutional ownership and profitability.

Erdene Resource Development has a consensus price target of C$14.40, indicating a potential upside of 169.66%. 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

11.9% 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 stock is poised for long-term growth.

Standard Lithium has a beta of 1.536856, meaning that its share price is 54% more volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.085317, meaning that its share price is 109% more volatile than the broader market.

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
Standard LithiumN/AN/AC$152.14M-C$0.23N/A
Erdene Resource DevelopmentN/AN/A-C$887.99KC$0.01534.00

In the previous week, Erdene Resource Development had 2 more articles in the media than Standard Lithium. MarketBeat recorded 2 mentions for Erdene Resource Development and 0 mentions for Standard Lithium. Erdene Resource Development's average media sentiment score of 0.48 beat Standard Lithium's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the news media.

Company Overall Sentiment
Standard Lithium Neutral
Erdene Resource Development Neutral

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
Standard LithiumN/A -15.68% -10.09%
Erdene Resource Development N/A 1.72%-6.56%

Summary

Erdene Resource Development beats Standard Lithium on 10 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 better business? We will contrast the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, institutional ownership, risk, profitability and earnings.

In the previous week, Aclara Resources had 1 more articles in the media than Erdene Resource Development. MarketBeat recorded 3 mentions for Aclara Resources and 2 mentions for Erdene Resource Development. Aclara Resources' average media sentiment score of 0.93 beat Erdene Resource Development's score of 0.48 indicating that Aclara Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Aclara Resources
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Erdene Resource Development
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
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%

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$0.01534.00

4.8% 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 endowments, large money managers and hedge funds believe a company 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 169.66%. Given Erdene Resource Development's stronger consensus rating and higher probable upside, analysts clearly 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

Aclara Resources has a beta of 0.749386, indicating that its stock price is 25% less volatile than the broader market. Comparatively, Erdene Resource Development has a beta of 2.085317, indicating that its stock price is 109% more volatile than the broader market.

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 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 dividends, risk, profitability, institutional ownership, media sentiment, valuation, earnings and analyst recommendations.

4.2% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 6.9% of NorthIsle Copper and Gold shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by company insiders. Comparatively, 14.0% of NorthIsle Copper and Gold shares are owned 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.

In the previous week, Erdene Resource Development had 1 more articles in the media than NorthIsle Copper and Gold. MarketBeat recorded 2 mentions for Erdene Resource Development and 1 mentions for NorthIsle Copper and Gold. Erdene Resource Development's average media sentiment score of 0.48 beat NorthIsle Copper and Gold's 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
NorthIsle Copper and Gold
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'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%

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$0.01534.00
NorthIsle Copper and GoldN/AN/A-C$9.83M-C$0.07N/A

Erdene Resource Development has a beta of 2.085317, meaning that its share price is 109% more volatile than the broader market. Comparatively, NorthIsle Copper and Gold has a beta of 1.549589, meaning that its share price is 55% more volatile than the broader market.

Erdene Resource Development presently has a consensus price target of C$14.40, indicating a potential upside of 169.66%. NorthIsle Copper and Gold has a consensus price target of C$5.50, indicating a potential upside of 100.00%. Given Erdene Resource Development's higher possible 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 10 of the 13 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 basic materials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their profitability, risk, dividends, valuation, media sentiment, analyst recommendations, earnings and institutional ownership.

Erdene Resource Development presently has a consensus price target of C$14.40, suggesting a potential upside of 169.66%. Given Erdene Resource Development's higher probable upside, equities 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

Erdene Resource Development has a beta of 2.085317, indicating that its share price is 109% more volatile than the broader market. Comparatively, Santacruz Silver Mining has a beta of 3.08683, indicating that its share price is 209% more volatile than the broader market.

In the previous week, Erdene Resource Development had 2 more articles in the media than Santacruz Silver Mining. MarketBeat recorded 2 mentions for Erdene Resource Development and 0 mentions for Santacruz Silver Mining. Erdene Resource Development's average media sentiment score of 0.48 beat Santacruz Silver 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
Santacruz Silver Mining Neutral

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%

4.2% of Erdene Resource Development shares are held by institutional investors. Comparatively, 10.5% of Santacruz Silver Mining shares are held by institutional investors. 22.5% of Erdene Resource Development shares are held by insiders. Comparatively, 7.0% of Santacruz Silver Mining 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.

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$0.01534.00
Santacruz Silver MiningC$383.60M2.24C$106.93MC$0.6514.28

Summary

Santacruz Silver Mining beats Erdene Resource Development on 10 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.
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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$348.80MC$1.49BC$4.55BC$12.14B
Dividend Yield1.78%6.56%5.03%6.19%
P/E Ratio534.0026.9522.6135.77
Price / SalesN/A44,595.185,428.0610.07
Price / Cash30.5624.6324.1282.29
Price / Book3.995.268.774.44
Net Income-C$887.99KC$70.60MC$157.33MC$299.09M
7 Day Performance5.12%-3.92%-3.11%-0.93%
1 Month Performance-15.51%-9.06%-7.74%-2.54%
1 Year Performance506.82%80.13%47.84%37.79%

Erdene Resource Development Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERD
Erdene Resource Development
2.2367 of 5 stars
C$5.34
+0.6%
C$14.40
+169.7%
+503.4%C$348.80MN/A534.0060
MDI
Major Drilling Group International
3.1991 of 5 stars
C$14.80
+2.3%
C$21.00
+41.9%
+68.1%C$1.22BC$889.08M56.922,500
SLI
Standard Lithium
0.0727 of 5 stars
C$4.14
-6.5%
N/A+51.9%C$1.01BN/AN/AN/A
ARA
Aclara Resources
N/AC$3.83
-5.2%
N/A+304.0%C$944.39MN/AN/A71
NCX
NorthIsle Copper and Gold
1.8963 of 5 stars
C$2.61
+2.8%
C$5.50
+110.7%
+132.7%C$866.67MN/AN/AN/A

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This page (TSE:ERD) was last updated on 6/29/2026 by MarketBeat.com Staff.
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