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Erdene Resource Development(OTC) ERDCF

Current Price$3.80
Market Cap$248.21MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2011)+18%
5 Year+93%
1 Year-6%
1 Month+6%
Erdene Resource Development last closing stock price
MetricPriceDate
Last closeUSD 3.802026-07-22
Erdene Resource Development stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+6.44%USD 3.572026-07-15
1 month+5.56%USD 3.602026-06-22
3 month-18.77%USD 4.682026-04-23
Year to date-36.7%USD 6.002025-12-31
1 year-6.48%USD 4.062025-07-22
3 year+119.75%USD 1.732023-07-21
5 year+93.09%USD 1.972021-07-23
Since inception+18.16%USD 3.222011-10-18

Erdene Resource Development Financials at a Glance

Market Cap

$248.21MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$0.00

Net Income (TTM)

CA$1.09M

EPS (TTM)

$0.01

P/E Ratio

463.41

Dividend

$0.00

Beta (Volatility)

0.71 (Low)

Price

$3.80

Volume

6,177

Open

$3.80

Previous Close

$3.80

Daily Range

$3.63 - $3.82

52-Week Range

$3.28 - $7.91

Estimated Earnings Date

May 6, 2026

ERDCF News

No articles available.

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About Erdene Resource Development

Erdene Resource Development Corporation is a mining firm focused on identifying, acquiring, and advancing precious and base metal resources in Mongolia. The company primarily targets deposits rich in copper, molybdenum, gold, silver, lead, and zinc.

Products and Services
  • 100% ownership of the Bayan Khundii Gold Project
  • Altan Nar Gold-Polymetallic project in Bayankhongor Aimag
  • Five additional licenses for mining and exploration in southwestern Mongolia
Growth Outlook
  • Strong focus on expanding gold production capabilities in Mongolia
  • Potential for increased resource discovery through ongoing exploration
  • Strategic partnerships may enhance operational efficiency and market reach
Financial Highlights
  • Recent quarterly net income of CAD 4.78 million, indicating positive momentum
  • Cash and cash equivalents of CAD 29.19 million as of March 31, 2026
  • Trailing twelve months (TTM) P/E ratio of 76.99, reflecting growth expectations
Erdene Resource Development Corporation is positioned in a promising sector with significant growth potential. The company's focus on gold and base metals in Mongolia, combined with its strategic assets, provides a solid foundation for future development. Recent financial performance indicates a positive trajectory, with a notable increase in net income and a strong cash position. The company's exploration efforts and potential partnerships may further enhance its market presence and operational capabilities, making it an intriguing option for investors interested in the mining sector.
AI Generated • Jul 12, 2026

Industry

Metals and Mining

Sector

Materials

Employees

17

CEO

Peter C. Akerley

Website

www.erdene.com

Headquarters

Dartmouth, NS B3B 0G1, CA

ERDCF Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

1.72%

Return on Capital

-11.80%

Return on Assets

1.23%

Earnings Yield

0.22%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$248.21MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

65.32M

Volume

6.18K

Avg. Volume

21.86K

Financials (TTM)

Gross Profit

-CA$34.19K

Operating Income

-CA$6.31M

EBITDA

-CA$8.78M

Operating Cash Flow

-CA$5.75M

Capital Expenditure

-CA$577.28K

Free Cash Flow

-CA$6.33M

Cash & ST Invst.

CA$29.19M

Total Debt

CA$83.21K

Erdene Resource Development Performance Analysis

Erdene Resource Development annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31CAD 0N/A
20232023-12-31CAD 0N/A
20242024-12-31CAD 0N/A
20252025-12-31CAD 0N/A
Erdene Resource Development sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30N/A
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
Erdene Resource Development annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31CAD -0.09-6.6%
20232023-12-31CAD 0.01N/A
20242024-12-31CAD -0.10N/A
20252025-12-31CAD -0.10-7.3%
Erdene Resource Development sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-308.9%
Q32025-09-3033.2%
Q42025-12-31213.9%
Q12026-03-3137.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Currently no data to display.

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$0.00

N/A

Gross Profit

-CA$12.03K

-541.1%

Gross Margin

0.00%

N/A

Market Cap

$248.21MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$496.43K

N/A

Employees

500

N/A

Net Income

CA$4.78M

+206.1%

EBITDA

-CA$2.33M

+48.2%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$29.19M

+368.0%

Total Debt

CA$83.21K

N/A

Accounts Receivable

CA$38.10K

-15.6%

Inventory

CA$0.00

N/A

Long Term Debt

CA$57.15K

N/A

Short Term Debt

CA$52.07K

N/A

Return on Assets

1.23%

N/A

Return on Invested Capital

-7.18%

N/A

Free Cash Flow

-CA$2.86M

-89.4%

Operating Cash Flow

-CA$2.60M

-86.8%

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Questions About ERDCF

What is the current price of Erdene Resource Development?

Erdene Resource Development is trading at $3.80 per share.

What is the 52-week range for Erdene Resource Development?

Over the past 52 weeks, Erdene Resource Development has traded between $3.28 and $7.91.

How much debt does Erdene Resource Development have?

As of the most recent reporting period, Erdene Resource Development reported total debt of CA$59.47K.

How much cash does Erdene Resource Development have on hand?

Erdene Resource Development reported CA$20.86M in cash and cash equivalents in its most recent financial results.

What is Erdene Resource Development’s dividend yield?

Erdene Resource Development does not currently have a dividend yield.

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