E

Erdene Resource Development
ERD

Last Price

Financial Snapshot

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Market Data

Market Cap
CA$508.87M
EV
CA$503.59M
Shares Outstanding
64.08M
Beta
1.27
Industry
Industrial Materials

Wall Street View

Analyst Rating
OUTPERFORM
Analyst Target Price
Number of Analysts
1
P/E E
-
P/Revenue E
-

Historical 3Y Growth Rate

Revenue
-
EPS
-
Operating Cash Flow
-
Free Cash Flow
-

Forecasted 3Y Growth Rate

Revenue
-
EPS
-
Operating Cash Flow
-
Free Cash Flow
-

Margins & Returns

Gross Margin E
-
Net Profit Margin E
-
ROE E
-
ROCE
-

Dividends

DPS E
-
Payout Ratio E
-
Div. Yield E
-
DPS Last 3Y CAGR
-

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

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About Erdene Resource Development Corporation

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E

Erdene Resource Development Corporation

ERD

Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc. a...

Sector

Basic Materials

Industry

Industrial Materials

CEO

Akerley, Peter

Employees

419

IPO Date

2004-05-07

Headquarters

Metropolitan Place, Suite 910, 99 Wyse Road, Dartmouth, Nova Scotia, B3A 4S5, Canada

📊 Stock Price & Performance

The last closing price of Erdene Resource Development (ERD) is CA$8.25, reflecting a -2.14% change from the prior session. Last updated: December 31, 2025 at 4:03 PM Eastern Time

Review the recent ERD stock performance trends:Past 1 Month: Erdene Resource Development (ERD) shares have +8.98%.Past 3 Months: The stock has -20.14%.Past 6 Months: ERD shares have +56.25%. Last updated: January 1, 2026 at 12:16 AM Eastern Time

Over the last year, Erdene Resource Development (ERD) has established a 52-week price range between a high of CA$10.95 and a low of CA$0.88. This metric is essential for assessing the stock's annual volatility. Last updated: January 1, 2026 at 12:16 AM Eastern Time

Erdene Resource Development (ERD) is considered a medium volatility stock. It has a beta of 1.27, which means it typically moves 1.27 times as much as the broader market. Over the past 52 weeks, ERD has traded within a CA$0.88 – CA$10.95 range. Last updated: January 1, 2026 at 12:16 AM Eastern Time

Based on current ERD analyst forecasts and market assumptions, the consensus price target for Erdene Resource Development (ERD) is CA$11.00 for 2027. Relative to the current price of CA$8.25, this implies a positive upside of +33.33%. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated: January 1, 2026 at 12:16 AM Eastern Time

A CA$1,000 investment in Erdene Resource Development 5 years ago, when the stock was trading around CA$2.46, would be worth approximately CA$3353.56 today, based solely on share price performance (excluding dividends). This represents a total return of 235.36% over the period, equivalent to a compound annual growth rate (CAGR) of 27.38%. Past performance reflects historical price movements only and does not imply future results. Last updated: January 1, 2026 at 12:16 AM Eastern Time

💰 Financial Metrics & Reports

The current Erdene Resource Development (ERD) market capitalization is approximately CA$508.87M, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, Erdene Resource Development's market cap fluctuates with changes in its share price and share count. Last updated: January 1, 2026 at 12:16 AM Eastern Time

📅 Earnings & Dividends

Erdene Resource Development (ERD) does not currently pay a dividend. Over the last twelve months (LTM), the company paid CA$0.00 per share in dividends, and no dividend payments are currently expected over the next twelve months (NTM). Companies that do not pay dividends typically prioritize reinvesting cash into growth initiatives, capital expenditures, debt reduction, or strategic investments, though dividend policy may change in the future.

📈 Analyst Information

Analyst assessments of whether Erdene Resource Development (ERD) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Current share price: CA$8.25Consensus price target: CA$11.00Implied return: +33.33% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated: December 31, 2025 at 4:03 PM Eastern Time

Based on the latest available analyst coverage, Erdene Resource Development (ERD) currently carries a Outperform consensus rating. Analysts' average ERD price target is CA$11.00. Relative to the current share price of CA$8.25, this suggests a potential price change of approximately +33.33%. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated: December 31, 2025 at 4:03 PM Eastern Time

Like other publicly traded stocks, Erdene Resource Development (ERD) shares are bought and sold on stock exchanges such as TSX and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for Erdene Resource Development (ERD) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add ERD to your watchlist.

Erdene Resource Development trades under the ticker symbol ERD on the TSX stock exchange. The ticker ERD is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, Erdene Resource Development (ERD) employs approximately 419 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: January 1, 2026 at 12:16 AM Eastern Time

Erdene Resource Development (ERD) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest Erdene Resource Development (ERD) stock peers based on overlapping products, services, and competitive dynamics:Melkior Resources (MKR)Hudbay Minerals (HBM)Rio Silver (RYO)Foran Mining (FOM)Kutcho Copper (KC)T2 Metals (TWO)Happy Creek Minerals (HPY)Capella Minerals (CMIL)Bessor Minerals (BST) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to Erdene Resource Development.

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Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.

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