Erdene Resource Development Corporation (T:ERD)
Business Focus: Specialty Mining & Metals (NEC)
Mixed as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for ERD within the last 6 months
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Company News
Apr 04, 2024 11:03 ET
Erdene Resource Development Corp Makes Big Strides at Bayan Khundii Project in Pivotal Year
Erdene Resource Development Corp CEO Peter
Akerley joined Steve Darling from Proactive to provide an update on
the progress at its Bayan Khundii Gold Project during an interview
with Steve Darling from Proactive.
Apr 02, 2024 07:39 ET
Erdene Announces Year-End Results and Provides Bayan Khundii Project Update
Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce operating and financial results for the year ended December 31, 2023, and to provide an update on progress at its Bayan Khundii Gold Project...
Valuation Ratios
Industry
Sector
Beta
1.47
--
--
Price to Sales - TTM
--
5.70
4.50
Price to Book - most recent quarter
2.26
1.94
2.00
Price to Cash Flow per share - TTM
238.27
12.72
9.77
Price to Free Cash Flow per share - TTM
--
11.74
20.87
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 96,940 | 36,254 |
| Mar 15, 2024 | 60,686 | 36,335 |
| Feb 29, 2024 | 24,351 | -23,008 |
Business Summary
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. Its principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other projects include Altan Nar Gold Project, Dark Horse, Ulaan, Zuun Mod, and Khuvyn Khar. The Bayan Khundii Gold Project is located in Bayankhongor province in Mongolia and is comprised of the 2,309 hectares (ha) Khundii mining license. The Altan Nar Gold Project is located in Bayankhongor province in Mongolia, approximately 16 kilometers (km) north of its Bayan Khundii Gold Project. Dark Horse (Khar Mori) gold prospect is situated on the Bayan Khundii license, about three km north of the Bayan Khundii project. The Ulaan exploration license covers an area of approximately 1,780 ha, immediately west of the Khundii mining license. The Zuun Mod property is located in Bayankhongor province.
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