E8K Stock Chart & Stats
€4.20
€0.02(0.61%)
At close: 4:00 PM EDT
€4.20
€0.02(0.61%)
Day’s Range― - ―
52-Week Range€2.82 - €6.52
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
€242.38M
Enterprise Value€333.15
Total Cash (Recent Filing)€27.79M
Total Debt (Recent Filing)€77.00K
Price to Earnings (P/E)26.1
Beta1.21
Next Earnings
Nov 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.23
Shares Outstanding65,498,640
10 Day Avg. Volume0
30 Day Avg. Volume0
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
Gold Production RampThe sharp sequential production increase demonstrates that Bayan Khundii is moving beyond development into a growing operating phase. Continued ramp-up can improve revenue generation, spread fixed costs across more ounces, and establish a stronger foundation for future mine-life expansion.
Resource And Growth PipelineA substantial resource base and active exploration provide multiple avenues to extend mine life and expand production beyond the current operation. Dark Horse, Altan Nar, Striker West, and other deposits create development optionality that can support longer-term growth if drilling and technical work succeed.
Conservative Corporate Balance SheetExtremely low corporate leverage provides financial flexibility while Erdene advances exploration, studies, and project development. The sizable equity base reduces solvency pressure and gives management more capacity to pursue partnerships, financings, or staged investment as opportunities mature.
Bears Say
Weak Operating ProfitabilityDespite the recent operating ramp, the historical income statement shows that repeatable consolidated profitability has not yet been established. Zero annual revenue and recurring operating losses make future earnings dependent on sustaining production growth and converting the developing assets into durable commercial operations.
Persistent Cash BurnOngoing negative operating and free cash flow indicates that the company still requires external funding or project-level transactions to support its activities. This limits internally funded growth and leaves execution of exploration and development plans dependent on maintaining liquidity and financing access.
High Project Costs And DebtElevated unit costs and substantial project debt create pressure on the cash generation expected from the operating ramp. The investment case depends on reaching higher feed grades and reducing costs toward the USD 1,500/oz target while continuing debt repayments, making execution important to financial flexibility.
E8K FAQ
What was Erdene Resources’s price range in the past 12 months?
Erdene Resources lowest stock price was €2.82 and its highest was €6.52 in the past 12 months.
What is Erdene Resources’s market cap?
Erdene Resources’s market cap is €242.38M.
When is Erdene Resources’s upcoming earnings report date?
Erdene Resources’s upcoming earnings report date is Nov 10, 2026 which is in 40 days.
How were Erdene Resources’s earnings last quarter?
Erdene Resources released its earnings results on Aug 14, 2026. The company reported €0.093 earnings per share for the quarter.
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 €0.093 in its last earnings report. Following the earnings report the stock price went down -1.058%.
Which hedge fund is a major shareholder of Erdene Resources?
Currently, no hedge funds are holding shares in DE:E8K
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
Negative
20 days / 200 days
Momentum
-42.20%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
77.32%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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