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ERD Stock Chart & Stats
C$6.85
-C$0.03(-0.55%)
At close: 4:00 PM EDT
C$6.85
-C$0.03(-0.55%)
Day’s Range― - ―
52-Week RangeC$4.54 - C$10.95
Previous CloseN/A
Volume22.61K
Average Volume (3M)46.51K
Market Cap
C$429.02M
Enterprise ValueC$333.15
Total Cash (Recent Filing)C$27.79M
Total Debt (Recent Filing)C$77.00K
Price to Earnings (P/E)28.5
Beta2.39
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. Volume30,756
30 Day Avg. Volume46,513
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 RampRising production demonstrates that Bayan Khundii is transitioning into a meaningful operating asset. Continued ramp-up can improve revenue visibility, support debt repayment and strengthen Erdene’s ability to fund growth internally.
Improving Grades And RecoveriesHigher grades and recoveries improve the amount of metal produced from each tonne processed, supporting operating leverage. Management’s 3.5 g/t target could further lower unit costs if consistently achieved.
Resource And Exploration PipelineA sizeable resource base and ongoing drilling provide potential for mine-life extensions, plant expansion and additional production. Dark Horse and other deposits create growth options beyond the current operating plan.
Bears Say
High Operating CostsCurrent costs remain elevated and depend on successful grade improvement to decline. Until that occurs, margins and cash generation are more exposed to operational variability and gold-price changes.
Project-level DebtSignificant project debt increases financial obligations during the mine ramp-up and can constrain funding for expansion. Sustained operating cash flow and further repayments are needed to reduce leverage risk.
Execution And Reserve UncertaintyThe production outlook still depends on tighter grade control and successful resource conversion. Failure to reach dilution targets or define reserves could limit recoverable ounces, mine life and planned expansion.
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$429.02M.
When is Erdene Resources’s upcoming earnings report date?
Erdene Resources’s upcoming earnings report date is Nov 10, 2026 which is in 66 days.
How were Erdene Resources’s earnings last quarter?
Erdene Resources released its earnings results on Aug 14, 2026. The company reported C$0.149 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 C$0.149 in its last earnings report. Following the earnings report the stock price went up 1.461%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.17%
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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