Erdene Resource Development Corpora... (ERD.TO)

$0.32

+0.01 (+3.23%)
Rating:
Recommendation:
-
Symbol ERD.TO
Price $0.32
Beta 1.416
Volume Avg. 0.08M
Market Cap 94.221M
Shares () -
52 Week Range 0.25-0.5
1y Target Est -
DCF Unlevered ERD.TO DCF ->
DCF Levered ERD.TO LDCF ->
ROE -14.41% Sell
ROA -13.98% Sell
Operating Margin -
Debt / Equity 2.00% Neutral
P/E -
P/B 2.17 Strong Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Mr. Peter Akerley
Basic Materials
Other Industrial Metals & Mining
Toronto Stock Exchange

Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. It explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company principally holds a 100% interest in the Bayan Khundii Gold Project comprising 2,309 hectares located in the Bayankhongor province in Mongolia; and the Altan Nar Gold-Polymetallic project located in located in the Bayankhongor Aimag. It also holds interests in three mining licenses and two exploration licenses located in southwest Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.