Erdene Resources (TSE:ERD)
TSX:ERD
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ERD Stock Chart & Stats
C$9.11
C$0.02(3.39%)
At close: 4:00 PM EST
C$9.11
C$0.02(3.39%)
Day’s Range― - ―
52-Week RangeC$5.22 - C$10.95
Previous CloseN/A
Volume14.00K
Average Volume (3M)138.53K
Market Cap
C$361.22M
Enterprise ValueC$2.29B
Total Cash (Recent Filing)C$29.11M
Total Debt (Recent Filing)C$83.00K
Price to Earnings (P/E)334.5
Beta2.25
Next Earnings
Aug 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.06
Shares Outstanding65,319,220
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 near-term financial distress risk for a capital-intensive explorer. A strong equity base provides flexibility to fund drilling, permitting and studies through cycles, giving the company runway to advance projects without immediate solvency pressure.
Concentrated, Strategic Asset BaseA focused portfolio centered on Bayan Khundii provides clear development optionality and exploration upside within a defined district. Concentration on a promising project can accelerate resource definition, technical studies and make the asset easier to package for joint ventures or financing.
Established Exploration & Development Business ModelThe company's repeatable model—systematic drilling, resource updates, engineering and permitting—is a durable path to unlock value for juniors. This staged approach supports staged capital deployment and common exit routes (JV, asset sale or mine build) if technical results are positive.
Bears Say
Pre-revenue With Persistent Operating LossesLack of operating revenue and consistent operating losses mean the business cannot self-sustain from operations. Profitability remains driven by non-operating items at times, reducing visibility into durable margin improvement and making long-term project funding contingent on external capital or successful project monetization.
Consistent Negative Operating And Free Cash FlowOngoing negative OCF and FCF erode liquidity over time and impede internal funding of exploration and development. Even with some TTM improvement, persistent cash burn necessitates continual financing, increasing dilution risk and constraining the company's ability to execute multi-year work programs independently.
Structural Dependence On External FinancingAs a pre-production explorer with no recurring revenues, the company structurally depends on equity or other financings to fund operations. This reliance ties project pacing and strategy to capital market access, elevating execution risk if market conditions or investor appetite deteriorate.
Erdene Resources News
ERD FAQ
What was Erdene Resources’s price range in the past 12 months?
Erdene Resources lowest stock price was C$5.22 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$361.22M.
When is Erdene Resources’s upcoming earnings report date?
Erdene Resources’s upcoming earnings report date is Aug 18, 2026 which is in 72 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, beating the consensus estimate of N/A by C$0.073.
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 65,319,220 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, beating 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
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
103.05%
12-Months-Change
Fundamentals
Return on Equity
1.72%
Trailing 12-Months
Asset Growth
40.62%
Trailing 12-Months
Company Description
Erdene Resources
Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. It explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company principally holds a 100% interest in the Bayan Khundii Gold Project comprising 2,309 hectares located in the Bayankhongor province in Mongolia; and the Altan Nar Gold-Polymetallic project located in located in the Bayankhongor Aimag. It also holds interests in three mining licenses and two exploration licenses located in southwest Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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