Erdene Resource Development Corporation

Erdene Resource Development Corporationverified

ERDCF

Price:

$0.352

Market Cap:

$166.74M

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

2010-04-26

Stock Exchange

PNK

Ticker

ERDCF

The PE Ratio as of September 2024 (TTM) for Erdene Resource Development Corporation (ERDCF) is -35.20

According to Erdene Resource Development Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -35.20. This represents a change of 194.97% compared to the average of -11.93 of the last 4 quarters.

Erdene Resource Development Corporation (ERDCF) Historical PE Ratio (quarterly & annually)

How has ERDCF PE Ratio performed in the past?

The mean historical PE Ratio of Erdene Resource Development Corporation over the last ten years is 10.15. The current -35.20 PE Ratio has changed -34781.16% with respect to the historical average. Over the past ten years (40 quarters), ERDCF's PE Ratio was at its highest in in the December 2023 quarter at 5.41. The PE Ratio was at its lowest in in the September 2016 quarter at -161.45.

Quarterly (TTM)
Annual

Average

10.15

Median

-11.09

Minimum

-32.10

Maximum

223.44

Erdene Resource Development Corporation (ERDCF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Erdene Resource Development Corporation PE Ratio, 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 = 3.41%

Maximum Annual PE Ratio = 223.44

Minimum Annual Increase = -1577.68%

Minimum Annual PE Ratio = -32.10

Quarterly (TTM)
Annual
YearPE RatioChange
2023223.44-1577.68%
2022-15.12-29.03%
2021-21.31218.30%
2020-6.69-40.17%
2019-11.191.73%
2018-11.00-47.59%
2017-20.98-34.64%
2016-32.103.41%
2015-0.91-65.34%
2014-2.6416.57%

Erdene Resource Development Corporation (ERDCF) Average PE Ratio

How has ERDCF PE Ratio performed in the past?

The current PE Ratio of Erdene Resource Development Corporation (ERDCF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

62.34

5-year avg

33.83

10-year avg

10.15

Erdene Resource Development Corporation (ERDCF) PE Ratio vs. Peers

How is ERDCF’s PE Ratio compared to its peers?

Erdene Resource Development Corporation’s PE Ratio is less than Aurelia Metals Limited (-12.75), less than Artemis Resources Limited (-10.42), less than Azimut Exploration Inc. (41.21), less than Champion Bear Resources Ltd. (-5.24), less than Altiplano Metals Inc. (-10.95), less than Granite Creek Copper Ltd. (-3.82), less than Ascendant Resources Inc. (-1.05), less than Vendetta Mining Corp. (-0.55), less than Western Magnesium Corporation (0), less than Ivanhoe Mines Ltd. (111.00), less than E3 Lithium Limited (-9.90), greater than Talon Metals Corp. (-40.93), greater than NGEx Minerals Ltd. (-45.94), less than Boss Energy Limited (19.32), less than Forum Energy Metals Corp. (-4.29), greater than Global Atomic Corporation (-167.40), less than Kraken Energy Corp. (-0.56), less than Aftermath Silver Ltd. (-11.05), greater than Freegold Ventures Limited (-347.13), less than Stillwater Critical Minerals Corp. (-4.63), less than Canasil Resources Inc. (-0.01), less than Orford Mining Corporation (-6.23),

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