Erdene Resource Development Stock Today

ERD Stock  CAD 7.78  0.46  6.28%   

Performance

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Odds Of Distress

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Erdene Resource is selling at 7.78 as of the 7th of February 2026; that is 6.28% increase since the beginning of the trading day. The stock's open price was 7.32. Erdene Resource has more than 64 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 9th of November 2025 and ending today, the 7th of February 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 128.29 K shares are currently shorted by private and institutional investors with about 0.38 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 utilizes debt financing to potentially enhance returns on invested capital. The relationship between total debt and total assets provides valuable insight into Erdene Resource's leverage profile, showing how much of Erdene Resource's resources are funded through borrowing.
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 451.14 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 128.29 K shares are currently shorted by private and institutional investors with about 0.38 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 7th of February 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

Erdene Stock Analysis Notes

About 25.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.2. Erdene Resource Deve had not issued any dividends in recent years. The entity had 1:6 split on the 5th of September 2025. 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. To learn more about Erdene Resource Development call Peter BSc at 902-423-6419 or check out https://www.erdene.com.

Erdene Resource Deve Investment Alerts

Erdene Resource Deve had very high historical volatility over the last 90 days
Erdene Resource Deve has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (8.25 M) with profit before overhead, payroll, taxes, and interest of 0.
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.
Roughly 25.0% of the company shares are held by company insiders
Latest headline from news.google.com: Erdene Raises 28.7 Million to Accelerate Mongolian Copper-Gold Expansion - TipRanks

Erdene Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 451.14 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 Profitablity

Erdene Resource's profitability indicators refer to fundamental financial ratios that showcase Erdene Resource's ability to generate income relative to its revenue or operating costs. If, let's say, Erdene Resource is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Erdene Resource's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Erdene Resource's profitability requires more research than a typical breakdown of Erdene Resource's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.13)(0.12)
Return On Capital Employed(0.08)(0.08)
Return On Assets(0.13)(0.12)
Return On Equity(0.12)(0.13)

Management Efficiency

Erdene Resource Deve has return on total asset (ROA) of (0.0709) % which means that it has lost $0.0709 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2429) %, meaning that it generated substantial loss on money invested by shareholders. Erdene Resource's management efficiency ratios could be used to measure how well Erdene Resource manages its routine affairs as well as how well it operates its assets and liabilities. As of the 7th of February 2026, Return On Tangible Assets is likely to grow to -0.12. In addition to that, Return On Capital Employed is likely to drop to -0.08. At this time, Erdene Resource's Total Assets are very stable compared to the past year. As of the 7th of February 2026, Non Current Assets Total is likely to grow to about 67.2 M, while Other Current Assets are likely to drop about 76.5 K.
Last ReportedProjected for Next Year
Book Value Per Share 0.21  0.20 
Tangible Asset Value46.5 M48.8 M
Tangible Book Value Per Share 0.21  0.20 
Enterprise Value Over EBITDA(385.00)(365.75)
Price Book Value Ratio 16.94  15.03 
Enterprise Value Multiple(385.00)(365.75)
Price Fair Value 16.94  15.03 
Enterprise ValueB1.1 B
Leadership effectiveness at Erdene Resource Development is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta
1.308
Return On Assets
(0.07)
Return On Equity
(0.24)

Technical Drivers

As of the 7th of February, Erdene Resource shows the Mean Deviation of 2.66, semi deviation of 3.2, and Downside Deviation of 3.3. Erdene Resource Deve technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Erdene Resource Deve Price Movement Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Erdene Resource Deve Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Erdene Resource price patterns.

Erdene Resource Outstanding Bonds

Erdene Resource issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Erdene Resource Deve uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Erdene bonds can be classified according to their maturity, which is the date when Erdene Resource Development has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Erdene Resource Predictive Daily Indicators

Erdene Resource intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Erdene Resource stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Erdene Resource Forecast Models

Erdene Resource's time-series forecasting models are one of many Erdene Resource's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Erdene Resource's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Erdene Resource without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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.