Erdene Resource Development Corporation (ERD.TO) Stock
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.
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About Erdene Resource Development Corporation
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.
Erdene Resource Development Corporation (ERD.TO) stock trades at $6.16 with a market capitalization of $403.44M. The stock is valued at a price-to-earnings (P/E) ratio of 616.00, price-to-book of 4.58. Over the past 52 weeks the stock has ranged between $4.54 and $10.95, and currently trades 43.7% below its 52-week high.
On profitability, Erdene Resource Development Corporation generates a return on equity (ROE) of 1.45%, an operating margin of 0.00%, a net profit margin of 0.00%.
Official website: www.erdene.com