Erdene Resource Development Corporation

Erdene Resource Development Corporationverified

ERDCF

Price:

$0.48

Market Cap:

$232.68M

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 ROE as of November 2024 (TTM) for Erdene Resource Development Corporation (ERDCF) 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 (ERDCF) Historical ROE (quarterly & annually)

How has ERDCF ROE performed in the past?

The mean historical ROE of Erdene Resource Development Corporation over the last ten years is -80.68%. The current -0.68% ROE has changed -99.15% with respect to the historical average. Over the past ten years (40 quarters), ERDCF'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%.

Quarterly (TTM)
Annual

Average

-80.68%

Median

-22.80%

Minimum

-605.62%

Maximum

0.89%

Erdene Resource Development Corporation (ERDCF) 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 = -107.65%

Minimum Annual ROE = -605.62%

Quarterly (TTM)
Annual
YearROEChange
20230.89%-107.65%
2022-11.60%-4.80%
2021-12.18%-60.89%
2020-31.14%131.90%
2019-13.43%-35.79%
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 (ERDCF) Average ROE

How has ERDCF ROE performed in the past?

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

3-year avg

-7.63%

5-year avg

-13.49%

10-year avg

-80.68%

Erdene Resource Development Corporation (ERDCF) ROE vs. Peers

How is ERDCF’s ROE compared to its peers?

Erdene Resource Development Corporation’s ROE is greater than Aurelia Metals Limited (-2.11%), greater than Artemis Resources Limited (-42.70%), less than Azimut Exploration Inc. (2.04%), greater than Champion Bear Resources Ltd. (-18.67%), greater than Altiplano Metals Inc. (-28.63%), greater than Granite Creek Copper Ltd. (-11.92%), less than Ascendant Resources Inc. (41.98%), greater than Vendetta Mining Corp. (-12.23%), less than Western Magnesium Corporation (0%), less than Ivanhoe Mines Ltd. (3.69%), greater than E3 Lithium Limited (-16.66%), greater than Talon Metals Corp. (-0.91%), greater than NGEx Minerals Ltd. (-60.49%), less than Boss Energy Limited (11.35%), greater than Forum Energy Metals Corp. (-117.21%), greater than Global Atomic Corporation (-1.05%), greater than Kraken Energy Corp. (-17.15%), greater than Aftermath Silver Ltd. (-31.78%), greater than Freegold Ventures Limited (-1.10%), greater than Stillwater Critical Minerals Corp. (-89.75%), greater than Canasil Resources Inc. (-415.61%), greater than Orford Mining Corporation (-18.75%),

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