Erdene Resource Development Corp (ERD : TSX)
Common Stock
$5.15
CAD
-0.18 (-3.38%)
Last updated: 2026-06-19
ERD
Erdene Resource Development Corp
WealthAwesomePerformance
1 Day
-3.38%
1 Week
-4.63%
1 Month
-15.71%
YTD
-34.48%
Key Statistics
Market Cap
$336.39M
52W High
$10.95
52W Low
$5.15
P/E Ratio
515.00
50 Day MA
$6.15
200 Day MA
$7.57
Beta
1.50
Dividend Yield
-
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 6/19/2026 | $5.44 | $5.44 | $5.15 | $5.15 | $5.15 | 109,128 |
| 6/18/2026 | $5.38 | $5.56 | $5.22 | $5.33 | $5.33 | 78,717 |
| 6/17/2026 | $5.52 | $5.68 | $5.35 | $5.42 | $5.42 | 53,222 |
| 6/16/2026 | $5.65 | $5.70 | $5.52 | $5.59 | $5.59 | 36,558 |
| 6/15/2026 | $5.61 | $5.87 | $5.57 | $5.63 | $5.63 | 63,169 |
| 6/12/2026 | $5.42 | $5.49 | $5.29 | $5.40 | $5.40 | 80,686 |
| 6/11/2026 | $5.30 | $5.46 | $5.23 | $5.36 | $5.36 | 148,521 |
| 6/10/2026 | $5.23 | $5.34 | $5.20 | $5.27 | $5.27 | 197,516 |
| 6/9/2026 | $5.40 | $5.56 | $5.30 | $5.38 | $5.38 | 38,415 |
| 6/8/2026 | $5.64 | $5.64 | $5.22 | $5.35 | $5.35 | 245,909 |
Analyst Price Targets
Based on analyst covering ERD
Wall Street analysts forecast ERD stock price to rise 181.6% over the next 12 months.
Consensus
No RatingAvg. Target
C$14.50
+181.6% Upside
Current Price
C$5.15
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ERD's historical volatility
30-Day Vol
44.8%
Annualized
90-Day Vol
54.0%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$4.31
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$4.85 | C$4.16 โ C$5.66 |
| 60 trading days | C$4.57 | C$3.67 โ C$5.69 |
| 90 trading days | C$4.31 | C$3.30 โ C$5.63 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. 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
- $-6.27M
- Profit Margin
- 0.00%
- ROE (TTM)
- 1.45%
- EPS (Diluted)
- 0.01
- Book Value
- 1.34
Classification
- Sector
- Materials
- Industry
- Metals & Mining
- Group
- Materials
๐ Recent Splits
1-for-6
Sep 5, 2025
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Common Questions About ERD
Articles Featuring ERD.TO
Latest articles and analysis covering ERD.TO
Why Erdene Resource Development Corp stock is sliding today
Erdene Resource Development Corp's stock fell by 3.00% today, closing at CA$5.17, as investors weigh the implications of its recent operational updates against a backdrop of high valuation concerns.
Why Erdene Resource Development Corp stock is tanking today
Erdene Resource Development Corp's stock fell 1.66% today, closing at CA$5.33. With a P/E ratio of 542 and no significant news, investors are reassessing the company's future prospects.
Why Erdene Resource Development Corp stock is sliding today
Erdene Resource Development Corp's stock fell 3.04% today, closing at CA$5.42. This decline raises questions about investor confidence despite the company's recent operational milestones.
Why Erdene Resource Development Corp stock is sliding today
Erdene Resource Development Corp saw its stock slide 3.25% today, closing at CA$5.35. Investors are left questioning the company's ability to maintain momentum after recent production announcements.
