Erdene Resource Development Corporation
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
PE Ratio
[-33.50]
ROE
[-0.68%]
Current Ratio
[8.64]
Dividend Yield
[0%]
Enterprise Value
[230.63M]
Dividend History
The ROE as of November 2024 (TTM) for Erdene Resource Development Corporation (ERD.TO) is -0.68%
According to Erdene Resource Development Corporation’s latest financial reports and current stock price. The company's current ROE is -0.68%. This represents a change of 109.61% compared to the average of -0.33% of the last 4 quarters.
Erdene Resource Development Corporation (ERD.TO) Historical ROE (quarterly & annually)
How has ERD.TO ROE performed in the past?
The mean historical ROE of Erdene Resource Development Corporation over the last ten years is -83.48%. The current -0.68% ROE has changed -99.18% with respect to the historical average. Over the past ten years (40 quarters), ERD.TO's ROE was at its highest in in the December 2023 quarter at 9.12%. The ROE was at its lowest in in the December 2015 quarter at -551.26%.
Average
-83.48%
Median
-25.99%
Minimum
-605.62%
Maximum
0.89%
Erdene Resource Development Corporation (ERD.TO) ROE by Quarter and Year
Discovering the peaks and valleys of Erdene Resource Development Corporation ROE, 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 = 2.35%
Maximum Annual ROE = 0.89%
Minimum Annual Increase = -102.54%
Minimum Annual ROE = -605.62%
| Year | ROE | Change |
|---|---|---|
| 2023 | 0.89% | -102.54% |
| 2022 | -34.85% | 185.61% |
| 2021 | -12.20% | -65.23% |
| 2020 | -35.09% | 146.06% |
| 2019 | -14.26% | -31.82% |
| 2018 | -20.92% | -23.38% |
| 2017 | -27.30% | -55.11% |
| 2016 | -60.81% | -89.96% |
| 2015 | -605.62% | 2.35% |
| 2014 | -24.68% | 2.13% |
Erdene Resource Development Corporation (ERD.TO) Average ROE
How has ERD.TO ROE performed in the past?
The current ROE 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
-15.39%
5-year avg
-19.10%
10-year avg
-83.48%
Erdene Resource Development Corporation (ERD.TO) ROE vs. Peers
How is ERD.TO’s ROE compared to its peers?
Erdene Resource Development Corporation’s ROE is greater than KORE Mining Ltd. (-106.33%), greater than Canagold Resources Ltd. (-9.48%), greater than Grande Portage Resources Ltd. (-4.84%), greater than Bluestone Resources Inc. (-29.08%), less than null (0%),
| Company | ROE | Market cap |
|---|---|---|
| -106.33% | $8.10M | |
| -9.48% | $51.48M | |
| -4.84% | $33.94M | |
| -29.08% | $45.69M | |
| 0% | $0 |
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