Erdene Resource Development Stock Today

ERD Stock  CAD 8.14  0.28  3.56%   

Performance

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Erdene Resource is selling at 8.14 as of the 6th of January 2026; that is 3.56% increase since the beginning of the trading day. The stock's open price was 7.86. Erdene Resource has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 7th of December 2025 and ending today, the 6th of January 2026. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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. The company has 61.63 M outstanding shares of which 53.1 K shares are currently shorted by private and institutional investors with about 0.39 days to cover all short positions. More on Erdene Resource Development

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Erdene Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Erdene Resource's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Erdene Resource or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentPeter BSc
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Erdene Resource's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Erdene Resource's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Erdene Resource can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Erdene Resource's financial leverage. It provides some insight into what part of Erdene Resource's total assets is financed by creditors.
Liquidity
Erdene Resource cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Erdene Resource Development has accumulated 782.85 K in total debt with debt to equity ratio (D/E) of 1.04, which is about average as compared to similar companies. Erdene Resource Deve has a current ratio of 1.83, which is within standard range for the sector. Debt can assist Erdene Resource until it has trouble settling it off, either with new capital or with free cash flow. So, Erdene Resource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Erdene Resource Deve sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Erdene to invest in growth at high rates of return. When we think about Erdene Resource's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

113,033
Erdene Resource Development (ERD) is traded on Toronto Exchange in Canada and employs 419 people. Erdene Resource is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 501.68 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Erdene Resource's market, we take the total number of its shares issued and multiply it by Erdene Resource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Erdene Resource Deve operates under Metals & Mining sector and is part of Materials industry. The entity has 61.63 M outstanding shares of which 53.1 K shares are currently shorted by private and institutional investors with about 0.39 days to cover all short positions. Erdene Resource Development has accumulated about 7.06 M in cash with (3.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Erdene Resource Probability Of Bankruptcy
Ownership Allocation
Erdene Resource holds a total of 61.63 Million outstanding shares. Erdene Resource Development retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Erdene Ownership Details

Erdene Resource Historical Income Statement

At this time, Erdene Resource's Interest Expense is very stable compared to the past year. As of the 6th of January 2026, Selling General Administrative is likely to grow to about 6.1 M, while Gross Profit is likely to drop (36 K). View More Fundamentals

Erdene Stock Against Markets

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Erdene Resource Corporate Directors

Philip WebsterIndependent DirectorProfile
Hedley WiddupIndependent DirectorProfile
Cameron McRaeNon-Executive Independent DirectorProfile
John ByrneIndependent DirectorProfile

Other Information on Investing in Erdene Stock

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.