Erdene Financial Statements From 2010 to 2024
| ERDCF Stock | USD 0.43 0.01 2.38% |
Check Erdene Resource financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erdene Resource's main balance sheet or income statement drivers, such as , as well as many indicators such as . Erdene financial statements analysis is a perfect complement when working with Erdene Resource Valuation or Volatility modules.
Erdene |
Erdene Resource Development Company Shares Outstanding Analysis
Erdene Resource's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Erdene Resource Shares Outstanding | 344.3 M |
Most of Erdene Resource's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Erdene Resource Development is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Erdene Resource Development has 344.3 M of shares currently outstending. This is 43.95% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The shares outstanding for all United States stocks is 39.79% higher than that of the company.
Erdene Resource Deve Fundamental Drivers 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 one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Erdene Resource's earnings, one of the primary drivers of an investment's value.About Erdene Resource Financial Statements
Erdene Resource stakeholders use historical fundamental indicators, such as Erdene Resource's revenue or net income, to determine how well the company is positioned to perform in the future. Although Erdene Resource investors may analyze each financial statement separately, they are all interrelated. For example, changes in Erdene Resource's assets and liabilities are reflected in the revenues and expenses on Erdene Resource's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Erdene Resource Development. Please read more on our technical analysis and fundamental analysis pages.
Erdene Resource Development Corporation focuses on 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 the United States and is traded on OTC Exchange. It employs 56 people.
Currently Active Assets on Macroaxis
Other Information on Investing in Erdene Pink Sheet
Erdene Resource financial ratios help investors to determine whether Erdene Pink Sheet 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.