Erdene Resource Development Stock Today
| ERD Stock | CAD 0.78 0.01 1.27% |
PerformanceSolid
| Odds Of DistressBelow Average
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Erdene Resource is selling at 0.78 as of the 24th of March 2025; that is 1.27% down since the beginning of the trading day. The stock's open price was 0.79. Erdene Resource has about a 34 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. 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 352.64 M outstanding shares of which 24.33 K shares are currently shorted by private and institutional investors with about 0.81 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 President | Peter BSc | ||||
| Business Concentration | Diversified 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 LevelsErdene 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.
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Erdene Resource Development (ERD) is traded on Toronto Exchange in Canada and employs 650 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 278.59 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 352.64 M outstanding shares of which 24.33 K shares are currently shorted by private and institutional investors with about 0.81 days to cover all short positions.
Erdene Resource Development has accumulated about 7.06 M in cash with (2.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationErdene Resource holds a total of 352.64 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.
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Erdene Resource Deve Risk Profiles
Although Erdene Resource's alpha and beta are two of the key measurements used to evaluate Erdene Resource's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.46 | |||
| Semi Deviation | 2.12 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.4 |
Erdene Stock Against Markets
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Erdene Resource Corporate Directors
| Philip Webster | Independent Director | Profile | |
| Hedley Widdup | Independent Director | Profile | |
| Cameron McRae | Non-Executive Independent Director | Profile | |
| John Byrne | Independent Director | Profile |
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.