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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$4.54 - C$10.95
Previous CloseN/A
Volume14.00K
Average Volume (3M)138.53K
Market Cap
C$312.88M
Enterprise ValueC$1.96B
Total Cash (Recent Filing)C$29.11M
Total Debt (Recent Filing)C$83.00K
Price to Earnings (P/E)70.6
Beta2.27
Next Earnings
Aug 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.07
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 refinancing and default risk and gives management flexibility to fund exploration and development. Strong capitalization provides optionality to pursue JV/earn‑ins or milestone funding without immediate debt, supporting project de-risking over months.
Improving Free Cash Flow TrendAn improving free cash flow trend (TTM vs 2025) suggests better capital efficiency or timing of expenditures. While still negative, the direction reduces future funding needs, strengthens negotiating leverage for partners or offtakes, and can lower dilution pressure over time.
Clear Project Development PipelineA structured, stage‑based pipeline (drilling → resource delineation → technical studies → permitting/finance) increases the probability of value realization via JV, sale, or royalties. Focused Mongolia assets and repeatable workflows support long‑term project advancement.
Bears Say
Pre-revenue With Persistent Operating LossesNo operating revenue and ongoing operating losses mean the business cannot self-fund development. Over months this raises dilution risk from repeated equity raises, constrains contracting and long‑lead engineering, and prolongs timelines to reach materially revenue‑generating stages.
Ongoing Cash Burn / External Financing RelianceConsistent negative operating and free cash flow across periods forces dependence on equity financings, JV earn‑ins, or asset monetizations. That reliance increases execution and market‑risk exposure and can force suboptimal timing or structure of development decisions if capital conditions tighten.
Volatile, Low‑quality EarningsEarnings volatility and profit driven by non‑operating items reduce the reliability of reported results as a measure of operational progress. Lenders, partners and investors prefer predictable cash‑based metrics; until operating revenue emerges, reported net income lacks durability for underwriting projects.
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$312.88M.
When is Erdene Resources’s upcoming earnings report date?
Erdene Resources’s upcoming earnings report date is Aug 18, 2026 which is in 30 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
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
1.72%
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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