Erdene Resource Development Corp (ERD : TSX)
Common Stock
$5.18
CAD
+0.49 (10.45%)
Last updated: 2026-07-21
ERD
Erdene Resource Development Corp
WealthAwesomePerformance
1 Day
+10.45%
1 Week
+1.77%
1 Month
+0.58%
YTD
-34.10%
Key Statistics
Market Cap
$307.16M
52W High
$10.95
52W Low
$4.54
P/E Ratio
469.00
50 Day MA
$5.64
200 Day MA
$7.29
Beta
1.53
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 |
|---|---|---|---|---|---|---|
| 7/21/2026 | $4.89 | $5.23 | $4.88 | $5.18 | $5.18 | 120,572 |
| 7/20/2026 | $4.95 | $4.95 | $4.66 | $4.69 | $4.69 | 27,319 |
| 7/17/2026 | $4.75 | $4.85 | $4.54 | $4.79 | $4.79 | 34,738 |
| 7/16/2026 | $4.95 | $5.04 | $4.77 | $4.79 | $4.79 | 38,457 |
| 7/15/2026 | $5.16 | $5.38 | $4.97 | $5.08 | $5.08 | 69,305 |
| 7/14/2026 | $5.15 | $5.23 | $5.04 | $5.09 | $5.09 | 16,304 |
| 7/13/2026 | $5.00 | $5.07 | $4.93 | $5.05 | $5.05 | 70,215 |
| 7/10/2026 | $5.21 | $5.23 | $5.15 | $5.22 | $5.22 | 30,294 |
| 7/9/2026 | $5.23 | $5.34 | $5.17 | $5.22 | $5.22 | 70,286 |
| 7/8/2026 | $5.20 | $5.34 | $5.07 | $5.17 | $5.17 | 77,161 |
Analyst Price Targets
Based on analyst covering ERD
Wall Street analysts forecast ERD stock price to rise 179.9% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$14.50
+179.9% Upside
Current Price
C$5.18
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
52.2%
Annualized
90-Day Vol
54.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$4.33
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.88 | C$4.08 – C$5.84 |
| 60 trading days | C$4.60 | C$3.57 – C$5.93 |
| 90 trading days | C$4.33 | C$3.17 – C$5.92 |
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
- $-6.27M
- Profit Margin
- 0.00%
- ROE (TTM)
- 1.45%
- EPS (Diluted)
- 0.01
- Book Value
- 1.34
Classification
- Sector
- Materials
- Industry
- Metals & Mining
- Group
- Materials
🔄 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 surged yesterday
Erdene Resource Development Corp's stock surged by 10.45% yesterday, driven by positive developments in its gold production efforts.
Why Erdene Resource Development Corp stock is skyrocketing today
Erdene Resource Development Corp is experiencing a notable rise in its stock price today, reflecting a positive sentiment in the market following recent operational successes.
What's Going On With Erdene Resource Development Corp Stock Tuesday?
Erdene Resource Development Corp's stock has seen a decline of 7.13% this week, despite recent operational milestones at its Bayan Khundii Gold Mine. As the company prepares for its next earnings release, investors are weighing the implications of its performance amidst market volatility.
Why Erdene Resource Development Corp stock is sliding today
Erdene Resource Development Corp (ERD.TO) saw a significant decline of 3.94% in its stock price today, closing at CA$4.88. This drop highlights investor concerns amidst a backdrop of limited news and high valuation metrics.
What's Going On With Erdene Resource Development Corp Stock Wednesday?
This week, Erdene Resource Development Corp's stock has seen a decline, reflecting broader market sentiments and operational challenges. Investors may want to assess the implications of the company's recent announcements and its technical indicators.
Why Erdene Resource Development Corp stock is rising today
Erdene Resource Development Corp's stock is on the rise, reflecting investor optimism following the announcement of commercial production at its gold mine. This development could signal a turning point for the company as it seeks to capitalize on its operational successes.
Why Erdene Resource Development Corp stock is tanking today
Erdene Resource Development Corp's stock has taken a hit, closing down 1.50% today. Investors are left questioning the company's future amidst high expectations and operational challenges.
Why Erdene Resource Development Corp stock is skyrocketing today
Erdene Resource Development Corp's stock soared by 6.63% today, fueled by positive updates from its Bayan Khundii gold mine, marking a significant milestone in production.
Why Erdene Resource Development Corp stock is skyrocketing today
Erdene Resource Development Corp's stock soared by 8.84% today, fueled by operational successes at its Bayan Khundii Gold Mine, which is now in commercial production. This development signals a promising outlook for the company and its investors.
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.
