Erdene Resource Development Corporation

Erdene Resource Development Corporationverified

ERD.TO

Price:

$0.67

Market Cap:

$233.65M

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 November 2024 (TTM) for Erdene Resource Development Corporation (ERD.TO) is 230.63M

According to Erdene Resource Development Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 230.63M. This represents a change of 84.02% 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 64.07M. The current 230.63M Enterprise Value has changed 35.90% 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

64.07M

Median

77.25M

Minimum

7.40M

Maximum

118.57M

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 = 118.57M

Minimum Annual Increase = -52.43%

Minimum Annual Enterprise Value = 7.40M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2023118.57M51.24%
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

102.93M

5-year avg

83.66M

10-year avg

64.07M

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. (8.43M), greater than Canagold Resources Ltd. (33.85M), greater than Grande Portage Resources Ltd. (34.04M), greater than Bluestone Resources Inc. (47.20M), less than null (0),

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