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ERD Stock Chart & Stats
C$5.49
-C$0.03(-0.55%)
At close: 4:00 PM EDT
C$5.49
-C$0.03(-0.55%)
Day’s Range― - ―
52-Week RangeC$4.54 - C$10.95
Previous CloseN/A
Volume22.61K
Average Volume (3M)138.53K
Market Cap
C$411.33M
Enterprise ValueC$392.69
Total Cash (Recent Filing)C$29.11M
Total Debt (Recent Filing)C$83.00K
Price to Earnings (P/E)92.6
Beta2.39
Next Earnings
Aug 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.07
Shares Outstanding65,498,640
10 Day Avg. Volume107,871
30 Day Avg. Volume138,529
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)9.23
Price to Sales (P/S)0.00
P/FCF Ratio-112.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetVery low leverage materially reduces financial distress risk and preserves optionality over 2–6 months. A near-zero debt load lowers fixed obligations, making it easier to fund exploration, meet JV obligations or withstand market shocks without urgent refinancing, supporting project timelines.
Focused Mongolian Asset PortfolioConcentrated focus on Mongolian precious and base metal projects gives clear strategic direction and geological optionality. Advancing through drilling, resource definition and technical studies increases the likelihood of converting targets into permit-ready assets, creating durable upstream value drivers for development or sale.
Multiple Monetization PathwaysHaving multiple paths to monetize non-producing assets—equity raises, JV deals, asset sales or royalty/stream structures—reduces binary risk of self-funded mine build. This structural flexibility allows staged de-risking, partner technical contribution, and milestone cash inflows without immediate production.
Bears Say
Pre-revenue With Operating LossesOperating a pre-revenue model with ongoing losses is a durable weakness: without product sales the company relies on external capital or asset deals. Persistent operating losses increase dilution risk, constrain strategic choices, and can delay project timelines if financing conditions deteriorate.
Consistently Negative Cash FlowNegative operating and free cash flow across all reported periods undermines the company's ability to self-fund exploration, studies and permitting. This structural cash deficit forces repeated raises or partner transactions, complicating long-term planning and potentially stretching project execution timelines.
Volatile, Non-operating EarningsEarnings volatility driven by non-operating items reduces the reliability of reported profits as an indicator of health. This weakens creditworthiness and investor confidence, complicates forecasting for debt or project financing, and means profitability improvements may not translate into cash strength.
Erdene Resources News
ERD FAQ
What was Erdene Resources’s price range in the past 12 months?
Erdene Resources lowest stock price was C$4.54 and its highest was C$10.95 in the past 12 months.
What is Erdene Resources’s market cap?
Erdene Resources’s market cap is C$411.33M.
When is Erdene Resources’s upcoming earnings report date?
Erdene Resources’s upcoming earnings report date is Aug 14, 2026 which is in 3 days.
How were Erdene Resources’s earnings last quarter?
Erdene Resources released its earnings results on May 06, 2026. The company reported C$0.073 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Erdene Resources overvalued?
According to Wall Street analysts Erdene Resources’s price is currently Overvalued.
Does Erdene Resources pay dividends?
Erdene Resources does not currently pay dividends.
What is Erdene Resources’s EPS estimate?
Erdene Resources’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Erdene Resources have?
Erdene Resources has 65,498,640 shares outstanding.
What happened to Erdene Resources’s price movement after its last earnings report?
Erdene Resources reported an EPS of C$0.073 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.692%.
Which hedge fund is a major shareholder of Erdene Resources?
Currently, no hedge funds are holding shares in TSE:ERD
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Erdene Resources Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
103.05%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
40.62%
Trailing 12-Months
Company Description
Erdene Resources
Headquartered in Dartmouth, Canada, Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of various precious and base mineral deposits across Mongolia. The company, which was incorporated in 2000 and changed its name from Erdene Gold Inc. in May 2008, primarily explores for metals such as copper, molybdenum, gold, silver, lead, and zinc. Its key assets include a wholly-owned 2,309-hectare Bayan Khundii Gold Project located in Mongolia's Bayankhongor province, and the Altan Nar Gold-Polymetallic project, also situated in the Bayankhongor Aimag. Additionally, Erdene holds five licenses in southwest Mongolia: three for mining and two for exploration.
Technical Analysis
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