Erdene Resource Development Corp (ERD)

Currency in CAD
6.270
-0.250(-3.83%)
Closed·
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Fair Value
Day's Range
6.2006.620
52 wk Range
4.54010.950
Key Statistics
Prev. Close
6.52
Open
6.62
Day's Range
6.2-6.62
52 wk Range
4.54-10.95
Volume
15.47K
Average Volume (3m)
67.46K
1-Year Change
-18.3594%
Book Value / Share
1.52
Fair Value
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Fair Value Upside
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ERD Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
14.500
Upside
+131.26%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Strong Sell

Analyst Ratings

1 Buy
0 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 14.500
(+131.26% Upside)

Erdene Resource Development Corp Earnings Call Summary for Q2/2026

  • Q2 gold production rose 37% to 11,709 oz; ore grade up 25% to 2.4 g/t while costs fell 20% quarter-over-quarter at Bayan Khundii mine.
  • Net income doubled to CAD 10M (CAD 0.15/share) from CAD 4.8M in Q1; JV revenue climbed 32% to US$53M on higher output and prices.
  • Full-year 2026 production targeted at 50,000 oz; management expects all-in sustaining costs to drop to ~US$1,500/oz by year-end.
  • Preliminary economic assessment for Zuun Mod molybdenum-copper project due within 60 days; heap leach decision expected in 2027.
  • Shares fell 0.65% to $6.12, well below 52-week high of $10.95; stock trades at $106M market cap with elevated volatility (beta 1.92).
Last Updated: 17/08/2026, 16:16
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Earnings

Latest Release
14/08/2026
EPS / Forecast
0.15 / --
Revenue / Forecast
-- / --
EPS Revisions
Last 90 days

Compare ERD to Peers and Sector

Metrics to compare
ERD
Peers
Sector
Relationship
P/E Ratio
28.1x−16.9x4.5x
PEG Ratio
0.130.140.00
Price/Book
4.3x2.0x1.6x
Price / LTM Sales
-27.1x1.3x
Upside (Analyst Target)
122.4%172.1%33.1%
Fair Value Upside
Unlock−19.1%1.2%Unlock

Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company primarily explores copper, molybdenum, gold, silver, lead, and zinc deposits. The company’s principal project is the Bayan Khundii Gold Project located in Bayankhongor province, Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.

Employees
565
Market
Canada

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
2.53M3.86%16.47M
Other Institutional Investors
36.17K0.06%235.81K
Public Companies & Retail Investors
62.94M96.09%410.35M
Total
65.5M100.00%427.05M

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Aegis Financial Corporation2.82%1,850,05712,062
The Aegis Funds - Aegis Value Fund2.82%1,850,05712,062

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FAQ

What Is the Erdene Resource Development Corp (Toronto: ERD) Share Price Today?

The Erdene Resource Development Corp stock price today is 6.270 CAD.

What Stock Exchange Does Erdene Resource Development Corp (ERD) Trade On?

Erdene Resource Development Corp is listed and trades on the Toronto Stock Exchange.

What Is the Ticker (Stock Symbol) for Erdene Resource Development Corp?

The stock symbol (also called a 'ticker') for Erdene Resource Development Corp is "ERD."

What Is the Current Erdene Resource Development Corp Market Capitalisation?

As of today, Erdene Resource Development Corp (Toronto: ERD) market cap is 406.750M CAD.

What Is Erdene Resource Development Corp's (ERD) Earnings Per Share (TTM)?

The Erdene Resource Development Corp EPS is currently 0.242 (Trailing Twelve Months).

Is ERD a Buy or Sell From a Technical Analyst Perspective?

Based on today's Erdene Resource Development Corp moving averages and other technical indicators, the daily buy/sell signal for ERD stock is Sell.

How Many Times Has Erdene Resource Development Corp Stock Split?

Erdene Resource Development Corp has split 2 times. (See the ERD stock split history page for full effective split date and price information.)

How Many Employees Does Erdene Resource Development Corp Have?

Erdene Resource Development Corp has 565 employees, based on their latest Companies House report.

What is the current trading status of Erdene Resource Development Corp (Toronto: ERD)?

As of 01/09/2026, Erdene Resource Development Corp (ERD) is trading at a share price of 6.270 CAD, with a previous close of 6.520 CAD. The stock has fluctuated within a day range of 6.200 CAD to 6.620 CAD, while its 52-week range spans from 4.540 CAD to 10.950 CAD.

What Is Erdene Resource Development Corp (ERD) Price Target According to Analysts?

The average 12-month price target for Erdene Resource Development Corp is 14.500 CAD, with a high estimate of 14.5 CAD and a low estimate of 14.5 CAD. 1 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +131.26% Upside potential.
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