TSE:ERD Erdene Resource Development (ERD) Stock Price, News & Analysis C$5.38 -0.10 (-1.82%) As of 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesBuy This Stock About Erdene Resource Development Stock (TSE:ERD) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get ERD alerts:Sign Up Key Stats Today's RangeC$5.26▼C$5.4250-Day RangeC$4.69▼C$6.4152-Week RangeC$4.54▼C$10.95Volume28,316 shsAverage Volume144,377 shsMarket CapitalizationC$352.35 millionP/E Ratio538.00Dividend Yield1.78%Price TargetC$14.40Consensus RatingBuy Company Overview Erdene Resource Development Corp. is a Canada-based resource company producing gold at the high-grade, low-cost Bayan Khundii Gold Mine in underexplored and highly prospective Mongolia. The Company has interests in a portfolio of precious and base metal projects near the Bayan Khundii Gold Mine in the Khundii Minerals District, which provides a robust organic growth pipeline. Erdene Resource Development Corp. is listed on the Toronto ('ERD') and the Mongolian stock ('ERDN') exchanges and OTCQX Market ('ERDCF'). Further information is available at www.erdene.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information. Read More Erdene Resource Development Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks29th Percentile Overall ScoreERD MarketRank™: Erdene Resource Development scored higher than 29% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy Consensus RatingErdene Resource Development has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.Upside PotentialErdene Resource Development has a consensus price target of C$14.40, representing about 167.7% upside from its current price of C$5.38.Amount of Analyst CoverageErdene Resource Development has received no research coverage in the past 90 days.Read more about Erdene Resource Development's stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Erdene Resource Development is 538.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 40.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Erdene Resource Development is 538.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 20.93.Price to Book Value per Share RatioErdene Resource Development has a P/B Ratio of 4.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Short InterestN/AShort Interest LevelN/A Short InterestThere is no current short interest data available for ERD. Dividend0.8 / 5Dividend StrengthWeak Dividend YieldErdene Resource Development pays a meaningful dividend of 1.78%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthErdene Resource Development does not have a long track record of dividend growth.Read more about Erdene Resource Development's dividend. News and Social Media0.0 / 5News SentimentN/A News Coverage This WeekMarketBeat has tracked 1 news article for Erdene Resource Development this week, compared to 0 articles on an average week. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Erdene Resource Development insiders have not sold or bought any company stock.Percentage Held by Insiders22.51% of the stock of Erdene Resource Development is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions4.01% of the stock of Erdene Resource Development is held by institutions.Read more about Erdene Resource Development's insider trading history. Receive ERD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Erdene Resource Development and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS 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. ERD Stock News HeadlinesErdene Provides Q2 2026 Bayan Khundii Gold Mine Update and Notice of Conference Call and WebcastJuly 23, 2026 | markets.businessinsider.comErdene Announces Intention to Launch Normal Course Issuer BidJune 26, 2026 | markets.businessinsider.comALT SL: New Patent Reveals Elon Musk’s Next Breakthrough: M.A.G.I.Jeff Brown and Marc Chaikin - two investors who spotted Nvidia a decade ago - are now pointing to Elon Musk's latest AI patent as the catalyst behind their next major call. They say a market pattern with a 100% historical track record is converging with this new breakthrough by end of month. The last time conditions aligned like this, investors had the chance to turn $10,000 into as much as $350,000 in roughly 12 months. Brown and Chaikin have released the full details for investors who want to get ahead of it.July 28 at 1:00 AM | Brownstone Research (Ad)Erdene Resource Development Gets TSX Approval to Buy Back Up to 10% of Public FloatJune 26, 2026 | marketwatch.comErdene Resource Development: The Market Is Sleeping On This Mining Company In MongoliaMay 31, 2026 | seekingalpha.comErdene Resource Development Corporation: Erdene Announces Results of Annual General and Special MeetingMay 30, 2026 | finanznachrichten.deErdene Announces Results of Annual General and Special MeetingMay 30, 2026 | markets.businessinsider.comErdene Releases 2026 Shareholder Letter and Provides Investor Update WebcastMay 27, 2026 | finance.yahoo.comSee More Headlines ERD Stock Analysis - Frequently Asked Questions How have ERD shares performed this year? Erdene Resource Development's stock was trading at C$8.25 at the start of the year. Since then, ERD shares have decreased by 34.8% and is now trading at C$5.38. How were Erdene Resource Development's earnings last quarter? Erdene Resource Development Co. (TSE:ERD) posted its quarterly earnings results on Wednesday, May, 6th. The company reported $0.07 EPS for the quarter. Read the conference call transcript. How do I buy shares of Erdene Resource Development? Shares of ERD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. What other stocks do shareholders of Erdene Resource Development own? Based on aggregate information from My MarketBeat watchlists, some other companies that Erdene Resource Development investors own include Wheaton Precious Metals (WPM), Gear Energy (GXE), Turquoise Hill Resources (TRQ), Freehold Royalties (FRU), Galiano Gold (AKG) and AltaGas (ALA). Company Calendar Last Earnings5/06/2026Today7/28/2026Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Other Industrial Metals & Mining Sub-IndustryN/A Current SymbolTSE:ERD CIKN/A Webwww.erdene.com Phone+1-902-4236419FaxN/AEmployees60Year FoundedN/APrice Target and Rating Average Price Target for Erdene Resource DevelopmentC$14.40 High Price TargetC$14.40 Low Price TargetC$14.40 Potential Upside/Downside+167.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Trailing Twelve Months)C$0.01 Trailing P/E Ratio538.00 Forward P/E RatioN/A P/E GrowthN/ANet Income-C$887.99 thousand Net MarginsN/A Pretax MarginN/A Return on Equity1.72% Return on Assets-6.56% Debt Debt-to-Equity Ratio0.09 Current Ratio104.30 Quick Ratio4.27 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowC$0.18 per share Price / Cash Flow30.56 Book ValueC$1.34 per share Price / Book4.02Miscellaneous Outstanding Shares65,493,000Free FloatN/AMarket CapC$352.35 million OptionableNot Optionable Beta2.19 The Infrastructure's Backbone: 10 Stocks Powering the AI BuildoutThe AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.Get This Free Report This page (TSE:ERD) was last updated on 7/28/2026 by MarketBeat.com Staff. From Our Partners3 Signs of The Biggest “Melt-Up” in U.S. HistoryIn 1995, a convergence of three economic triggers fueled the biggest market melt-up in U.S. history. 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