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$430.38M
Enterprise ValueC$2.22B
Total Cash (Recent Filing)C$29.11M
Total Debt (Recent Filing)C$83.00K
Price to Earnings (P/E)21.5
Beta2.16
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding69,980,210
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 SheetNear-zero debt and very low leverage materially reduce financial distress risk for a pre-production miner. This durable strength gives the company runway to fund exploration, permitting and technical studies, and supports negotiating JV or offtake terms without immediate refinancing pressure.
High-quality Lead ProjectFocused ownership of the Bayan Khundii project provides a clear development path and resource optionality. A single, advanced project in a known mineral district increases the likelihood of monetization via mine construction, joint ventures or asset sales over several months to years, driving structural value creation.
Substantial Equity CapitalizationA sizable equity base, with a sharp TTM increase, provides strategic funding flexibility for capital-intensive exploration and studies. This capitalization reduces near-term liquidity pressure, limits forced asset sales, and preserves options to pursue JV structures or staged development.
Bears Say
Pre-revenue OperationsZero operating revenue across reported periods means the business lacks recurring cash inflows from production. Persistent operating losses increase dependency on external capital to progress from exploration to production, raising execution risk and the potential for shareholder dilution over time.
Persistent Negative Cash FlowOperating and free cash flow are negative in all periods, indicating ongoing cash burn despite recent FCF improvement. This structural cash shortfall implies recurrent financing needs, which can constrain multi-year project development timelines and increase reliance on dilutive equity or costly external capital.
Volatile Earnings QualityEarnings swings driven by non-operating items undermine the reliability of reported profits for a development-stage miner. This volatility reduces clarity on project economics, complicates long-term forecasting, and may weaken negotiating leverage with lenders or partners seeking predictable operating performance.
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$430.38M.
When is Erdene Resources’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Erdene Resources’s earnings last quarter?
Currently, no data Available
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 69,980,210 shares outstanding.
What happened to Erdene Resources’s price movement after its last earnings report?
Currently, no data Available
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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5
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7
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9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
103.05%
12-Months-Change
Fundamentals
Return on Equity
-14.49%
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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