Erdene Resource Development logo

Erdene Resource Development(TSX) ERD

Market CapCA$385.13MMarket 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 (2004)+23%
5 Year+145%
1 Year-41%
1 Month-6%
CA$5.80
-1.36%
-0.08Today
Erdene Resource Development last closing stock price
MetricPriceDate
Last closeCAD 5.882026-10-01
Erdene Resource Development stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-5.62%CAD 6.232026-09-24
1 month-6.22%CAD 6.272026-09-01
3 month+4.63%CAD 5.622026-07-03
Year to date-28.73%CAD 8.252025-12-31
1 year-41.2%CAD 10.002025-10-01
3 year+250%CAD 1.682023-10-02
5 year+145%CAD 2.402021-10-01
Since inception+22.5%CAD 4.802004-03-16

Erdene Resource Development Financials at a Glance

Market Cap

CA$385.13MMarket 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$15.20M

EPS (TTM)

CA$0.22

P/E Ratio

25.74

Dividend

CA$0.00

Beta (Volatility)

1.47 (Average)

Price

CA$5.80

Volume

16,971

Open

CA$5.80

Previous Close

CA$5.88

Daily Range

CA$5.69 - CA$5.82

52-Week Range

CA$4.54 - CA$10.89

Estimated Earnings Date

Nov 3, 2026

ERD News

No articles available.

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About Erdene Resource Development

Erdene Resource Development Corporation is a Canadian company focused on the acquisition, exploration, and development of mineral deposits in Mongolia. Established in 2000, the company primarily targets precious and base metals, including gold, copper, and molybdenum.

Products and Services
  • Exploration of gold and base metal deposits
  • Development of the Bayan Khundii Gold Project
  • Management of the Altan Nar Gold-Polymetallic project
Growth Outlook
  • Significant potential in Mongolia's mineral-rich regions
  • Expansion plans for existing projects to increase production
  • Strategic partnerships to enhance exploration capabilities
Financial Highlights
  • Recent quarterly net income of CAD 9.99 million
  • Trailing twelve months (TTM) return on equity at 20.52%
  • Current ratio of 58.38 indicates strong liquidity position
Erdene Resource Development Corporation is strategically positioned in the mining sector, with a focus on Mongolia's rich mineral resources. The company's flagship projects, including the Bayan Khundii Gold Project and the Altan Nar Gold-Polymetallic project, are expected to drive future growth. Recent financial performance shows a positive trajectory, with a notable net income in the latest quarter and a strong return on equity, reflecting effective management and operational efficiency. The company's robust liquidity position further supports its ability to navigate the dynamic mining landscape.
AI Generated • Sep 7, 2026

Industry

Metals and Mining

Sector

Materials

Employees

11

CEO

Peter C. Akerley

Website

www.erdene.com

Headquarters

Dartmouth, NS B3B 0G1, CA

ERD Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

20.52%

Return on Capital

-11.80%

Return on Assets

15.18%

Earnings Yield

3.89%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$385.13MMarket 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

65.50M

Volume

16.97K

Avg. Volume

44.71K

Financials (TTM)

Gross Profit

-CA$43.48K

Operating Income

-CA$6.54M

EBITDA

CA$653.08K

Operating Cash Flow

-CA$6.26M

Capital Expenditure

-CA$706.53K

Free Cash Flow

-CA$6.97M

Cash & ST Invst.

CA$27.79M

Total Debt

CA$77.00K

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
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
Q22026-06-30N/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 -0.12-3.1%
20232023-12-31CAD 0.01N/A
20242024-12-31CAD -0.14N/A
20252025-12-31CAD -0.13-5.5%
Erdene Resource Development sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-300.0%
Q42025-12-31214.2%
Q12026-03-3136.8%
Q22026-06-30112.5%

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
Q2 2026YOY CHG

Revenue

CA$0.00

N/A

Gross Profit

-CA$13.00K

-159.6%

Gross Margin

0.00%

N/A

Market Cap

CA$385.13MMarket 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

CA$681.65K

N/A

Employees

565

N/A

Net Income

CA$9.99M

+342.4%

EBITDA

-CA$1.39M

+66.3%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$27.79M

+374.0%

Total Debt

CA$77.00K

-23.3%

Accounts Receivable

CA$455.00K

+27.7%

Inventory

CA$0.00

N/A

Long Term Debt

CA$51.00K

-33.5%

Short Term Debt

CA$26.00K

+9.5%

Return on Assets

15.18%

N/A

Return on Invested Capital

-6.56%

N/A

Free Cash Flow

-CA$2.08M

-44.0%

Operating Cash Flow

-CA$1.68M

-42.9%

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Questions About ERD

What is the current price of Erdene Resource Development?

Erdene Resource Development is trading at CA$5.80 per share.

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

Over the past 52 weeks, Erdene Resource Development has traded between CA$4.54 and CA$10.89.

How much debt does Erdene Resource Development have?

As of the most recent reporting period, Erdene Resource Development reported total debt of CA$77.00K.

How much cash does Erdene Resource Development have on hand?

Erdene Resource Development reported CA$27.79M 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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