Erdene Resource Development Corporation

Erdene Resource Development Corporationverified

ERD.TO

Price:

$0.48

Market Cap:

$167.34M

Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. It explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company principally holds a 100% interest in the Bayan Khundii Gold Project comprising 2,309 hectares located in the Bayankhongor province in Mongolia; and the Altan Nar Gold-Polymetallic project located in located in the Bayankhongor Aimag. It also holds interests in three mining licenses and two exploration licenses located in southwest Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May ...[Read more]

Industry

Industrial Materials

IPO Date

2004-05-07

Stock Exchange

TSX

Ticker

ERD.TO

The Enterprise Value as of September 2024 (TTM) for Erdene Resource Development Corporation (ERD.TO) is 164.32M

According to Erdene Resource Development Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 164.32M. This represents a change of 31.12% compared to the average of 125.33M of the last 4 quarters.

Erdene Resource Development Corporation (ERD.TO) Historical Enterprise Value (quarterly & annually)

How has ERD.TO Enterprise Value performed in the past?

The mean historical Enterprise Value of Erdene Resource Development Corporation over the last ten years is 64.06M. The current 164.32M Enterprise Value has changed 25.55% with respect to the historical average. Over the past ten years (40 quarters), ERD.TO's Enterprise Value was at its highest in in the March 2022 quarter at 140.74M. The Enterprise Value was at its lowest in in the September 2014 quarter at 10.65M.

Quarterly (TTM)
Annual

Average

64.06M

Median

77.25M

Minimum

7.40M

Maximum

118.49M

Erdene Resource Development Corporation (ERD.TO) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Erdene Resource Development Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 462.29%

Maximum Annual Enterprise Value = 118.49M

Minimum Annual Increase = -52.43%

Minimum Annual Enterprise Value = 7.40M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023118.49M51.14%
202278.40M-29.90%
2021111.83M46.96%
202076.09M127.64%
201933.43M-13.35%
201838.58M-52.43%
201781.10M0.22%
201680.92M462.29%
201514.39M94.51%
20147.40M-3.36%

Erdene Resource Development Corporation (ERD.TO) Average Enterprise Value

How has ERD.TO Enterprise Value performed in the past?

The current Enterprise Value of Erdene Resource Development Corporation (ERD.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

102.91M

5-year avg

83.65M

10-year avg

64.06M

Erdene Resource Development Corporation (ERD.TO) Enterprise Value vs. Peers

How is ERD.TO’s Enterprise Value compared to its peers?

Erdene Resource Development Corporation’s Enterprise Value is greater than KORE Mining Ltd. (7.41M), greater than Canagold Resources Ltd. (40.53M), greater than Grande Portage Resources Ltd. (29.49M), greater than Bluestone Resources Inc. (44.61M), less than null (0),

Build a custom stock screener for Erdene Resource Development Corporation (ERD.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Erdene Resource Development Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Erdene Resource Development Corporation (ERD.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Erdene Resource Development Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Enterprise Value?

How can you use the Enterprise Value?

What is Erdene Resource Development Corporation's Enterprise Value?

What is the highest Enterprise Value for Erdene Resource Development Corporation (ERD.TO)?

What is the 3-year average Enterprise Value for Erdene Resource Development Corporation (ERD.TO)?

What is the 5-year average Enterprise Value for Erdene Resource Development Corporation (ERD.TO)?

How does the current Enterprise Value for Erdene Resource Development Corporation (ERD.TO) compare to its historical average?