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Stocks/TSX/ERD

Erdene Resource Development Corp (ERD : TSX)

Common Stock

$5.92

CAD

+0.08 (1.37%)

Last updated: 2026-10-08

Follow ERD

ERD

Erdene Resource Development Corp

Source:WealthAwesomeWealthAwesome
↓ $0.99 (-14.33%)
30 day period
$5.80$6.36$6.91Aug 27Sep 18Oct 8

Performance

1 Day

+1.37%

1 Week

+0.68%

1 Month

-9.20%

YTD

-24.68%

Key Statistics

Market Cap

$382.51M

52W High

$10.63

52W Low

$4.54

P/E Ratio

25.39

50 Day MA

$6.26

200 Day MA

$6.72

Beta

1.62

Dividend Yield

-

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Technical Indicators

Price vs 50-Day SMA

↓Below 50 SMA

Price vs 200-Day SMA

↓Below 200 SMA

Recent Price History

DateOpenHighLowCloseAdj CloseVolume
10/8/2026$5.63$5.92$5.63$5.92$5.9225,065
10/7/2026$5.95$5.95$5.78$5.84$5.8424,273
10/6/2026$5.96$5.96$5.76$5.90$5.9011,109
10/5/2026$6.00$6.00$5.81$5.87$5.8727,500
10/2/2026$5.80$5.82$5.69$5.80$5.8016,971
10/1/2026$5.97$5.97$5.79$5.88$5.8815,924
9/30/2026$5.93$5.98$5.91$5.97$5.9710,893
9/29/2026$6.00$6.02$5.92$5.97$5.9717,431
9/28/2026$6.01$6.06$5.90$6.00$6.0020,958
9/25/2026$6.22$6.23$6.06$6.18$6.1831,782

Analyst Price Targets

Based on analyst covering ERD · as of Sep 17, 2026

📈

Wall Street analysts forecast ERD stock price to rise 144.9% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$14.50

+144.9% Upside

Current Price

C$5.92

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on ERD's historical volatility

HistoricalForecast68%95%
C$4.23C$5.75C$7.27C$8.80C$10.32C$11.84TodayJun 2Aug 6Oct 8Nov 20Jan 3Feb 15

30-Day Vol

40.6%

Annualized

90-Day Vol

50.2%

Annualized

Trend (90d)

+50.0%

Annualized drift

90d Mean

C$7.08

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$6.28C$5.46 – C$7.23
60 trading daysC$6.67C$5.47 – C$8.13
90 trading daysC$7.08C$5.55 – C$9.02

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

About Erdene Resource Development Corp

Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company primarily explores copper, molybdenum, gold, silver, lead, and zinc deposits. The company's principal project is the Bayan Khundii Gold Project located in Bayankhongor province, 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.

Financials

Revenue (TTM)
$0
EBITDA
$-6.49M
Profit Margin
0.00%
ROE (TTM)
19.63%
EPS (Diluted)
0.23
Book Value
1.52

Classification

Sector
Materials
Industry
Metals & Mining
Group
Materials

🔄 Recent Splits

1-for-6

Sep 5, 2025

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Common Questions About ERD

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ERD.TO news timeline

15 articles covering ERD.TO, most recent first

Latest

What's Going On With Erdene Resource Development Corp Stock Wednesday?

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