Erdene Resource Financials

Erdene Resource Stock Summary

Erdene Resource competes with Skeena Resources, Americas Silver, Ero Copper, Endeavour Silver, and Wesdome Gold. Erdene Resource Development Corporation focuses in the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada. ERDENE RESOURCE operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange.

Erdene Resource Key Financial Ratios

Erdene Resource's financial ratios allow both analysts and investors to convert raw data from Erdene Resource's financial statements into concise, actionable information that can be used to evaluate the performance of Erdene Resource over time and compare it to other companies across industries.

Erdene Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Erdene Resource's current stock value. Our valuation model uses many indicators to compare Erdene Resource value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erdene Resource competition to find correlations between indicators driving Erdene Resource's intrinsic value. More Info.Erdene Resource Development is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Erdene Resource by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Erdene Resource's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Along with financial statement analysis, the daily predictive indicators of Erdene Resource help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Erdene Resource Development. We use our internally-developed statistical techniques to arrive at the intrinsic value of Erdene Resource Development based on widely used predictive technical indicators. In general, we focus on analyzing Erdene Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Erdene Resource's daily price indicators and compare them against related drivers.

Erdene Resource financial ratios help investors to determine whether Erdene Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Erdene with respect to the benefits of owning Erdene Resource security.