Want to see TSE:ERD full AI Analyst Report?
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$10.20
Previous CloseN/A
Volume22.61K
Average Volume (3M)30.67K
Market Cap
C$389.06M
Enterprise ValueC$333.15M
Total Cash (Recent Filing)C$27.79M
Total Debt (Recent Filing)C$77.00K
Price to Earnings (P/E)25.5
Beta2.34
Next Earnings
Mar 15, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.23
Shares Outstanding65,498,640
10 Day Avg. Volume30,605
30 Day Avg. Volume30,668
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 production increase indicates Bayan Khundii is moving beyond initial commissioning toward a more established operating profile. Continued production growth can improve revenue visibility, support fixed-cost absorption, and strengthen the company’s ability to fund exploration and debt reduction internally.
Conservative Balance SheetExtremely low corporate leverage provides meaningful financial flexibility while the company advances mining and exploration projects. A sizable equity base reduces solvency pressure and leaves more capacity to manage development spending, absorb operating volatility, or pursue strategic opportunities.
Resource And Growth PipelineThe resource base and active drilling program provide a foundation for extending mine life and potentially expanding processing capacity. Additional projects such as Dark Horse, Altan Nar, and Zuun Mod also create longer-term growth options beyond the current operating ramp.
Bears Say
Persistent Operating Cash BurnSustained negative operating and free cash flow means reported earnings have not yet translated into internally generated liquidity. Continued cash needs could constrain exploration, project investment, and debt repayment, particularly if operating improvements take longer than management expects.
High Costs And Project DebtElevated unit costs reduce the margin available from each ounce and leave profitability sensitive to grades and operating execution. Combined with substantial project-level debt, the current cost structure may limit cash retention until throughput, grades, and debt repayment improve materially.
Development And Reserve Execution RiskThe company’s growth pipeline remains dependent on technical work, drilling, permitting, and investment decisions before resources become dependable production. Delays or weaker results could defer mine-life extensions, postpone new capacity, and increase the capital required to realize project value.
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$10.20 in the past 12 months.
What is Erdene Resources’s market cap?
Erdene Resources’s market cap is C$389.06M.
When is Erdene Resources’s upcoming earnings report date?
Erdene Resources’s upcoming earnings report date is Mar 15, 2027 which is in 145 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 4.278%.
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
Negative
20 days / 200 days
Momentum
-39.81%
12-Months-Change
Fundamentals
Return on Equity
20.52%
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
Entree Gold
―
GoldQuest Mining
―
Regulus Resources
―
Talon Metals
―
Aclara Resources, Inc.
―