Erdene Resource Development Corp

Basic Materials CA ERD

0.89CAD
0.01(1.14%)

Last update at 2025-05-09T15:39:00Z

Day Range

0.850.89
LowHigh

52 Week Range

0.290.79
LowHigh

Fundamentals

  • Previous Close 0.88
  • Market Cap219.64M
  • Volume130385
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-6.25448M
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.02

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -5.98624M -5.57052M -13.11636M -2.68329M -3.65699M
Minority interest - - - - -
Net income -17.99013M -5.42141M -21.39190M -2.53065M -3.65699M
Selling general administrative 2.18M 1.94M 1.83M 1.60M 2.11M
Selling and marketing expenses - - - - 0.20M
Gross profit -0.03809M -0.03735M -0.03685M -0.01805M -0.00619M
Reconciled depreciation 0.14M 0.08M 0.05M 0.03M 0.02M
Ebit 6.02M 5.72M -3.24172M -2.70651M -3.65699M
Ebitda -5.82270M -5.58218M -3.12447M -2.63775M -3.63609M
Depreciation and amortization -11.84036M -11.30182M 0.12M 0.07M 0.02M
Non operating income net other - - - - -
Operating income 6.02M 5.72M -3.24172M -2.70651M -3.71606M
Other operating expenses 6.02M 5.72M 3.24M 2.71M 3.72M
Interest expense 0.01M 0.00933M 1.66M 0.17M 0.00000M
Tax provision - - - - -
Interest income 0.06M 0.15M 0.06M 0.02M 0.06M
Net interest income 0.05M 0.05M -1.59910M -0.12942M 0.05M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 12.00M -0.14912M 8.28M -0.15264M 0.00000M
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 5.98M 5.68M 3.20M 2.69M 3.72M
Cost of revenue 0.04M 0.04M 0.04M 0.02M 0.00619M
Total other income expense net -12.00390M -11.29016M -9.87464M 0.02M 0.06M
Discontinued operations - - - - -
Net income from continuing ops -5.98624M -5.57052M -13.11636M -2.68329M -3.65699M
Net income applicable to common shares -5.98624M -5.57052M -13.11636M -2.68329M -3.65699M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 59.06M 52.53M 46.54M 42.81M 26.97M
Intangible assets 0.00002M - - - -
Earning assets - - - - -
Other current assets 1.46M 1.36M 1.01M - -
Total liab 0.19M 0.91M 0.81M 0.70M 6.99M
Total stockholder equity 58.88M 51.62M 45.73M 42.12M 19.98M
Deferred long term liab - - - - -
Other current liab 0.16M - - - -
Common stock 158.09M 157.88M 145.15M 136.62M 109.47M
Capital stock 158.09M 157.88M 145.15M 136.62M 109.47M
Retained earnings -128.50788M -129.02992M -123.04369M -117.47316M -104.35681M
Other liab - - - - -
Good will - - - - -
Other assets - - - - -
Cash 4.35M 7.42M 7.06M 12.80M 5.11M
Cash and equivalents - - 7.06M 12.80M -
Total current liabilities 0.19M 0.89M 0.73M 0.61M 0.62M
Current deferred revenue -0.16321M - - - -
Net debt -4.32666M -7.33900M -6.91121M -12.68718M 1.29M
Short term debt 0.02M 0.06M 0.07M 0.03M 0.03M
Short long term debt - - - - -
Short long term debt total 0.02M 0.08M 0.15M 0.11M 6.40M
Other stockholder equity 30.15M 28.73M 26.65M 25.94M 16.83M
Property plant equipment - 43.55M 38.40M 29.69M 21.71M
Total current assets 5.81M 8.86M 8.10M 13.10M 5.25M
Long term investments 51.25M - - - -
Net tangible assets - 51.50M 45.68M 42.09M 19.96M
Short term investments - - - - -
Net receivables 0.00672M 0.08M 0.02M 0.09M 0.07M
Long term debt - - - 0.00000M 6.26M
Inventory - - - - -
Accounts payable 0.16M 0.83M 0.66M 0.58M 0.59M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.84960M -5.95299M -3.02636M -2.96467M -1.95862M
Additional paid in capital - - - - -
Common stock total equity - - - 136.62M 109.47M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.96M - - - 21.73M
Deferred long term asset charges - - - - -
Non current assets total 53.25M 43.67M 38.45M 29.71M 21.73M
Capital lease obligations 0.02M 0.08M 0.15M 0.11M 0.14M
Long term debt total - - 0.09M 0.09M 6.37M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -1.03080M -8.21032M -8.77034M -8.98613M -6.77827M
Change to liabilities - 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities - -8.21032M -8.77034M -8.98613M -6.77827M
Net borrowings - -0.06304M -0.03586M -0.02570M 6.60M
Total cash from financing activities 0.03M 13.74M 8.14M 18.64M 11.83M
Change to operating activities - -0.25039M -0.66908M -0.17251M 0.39M
Net income 0.52M -5.98624M -5.57052M -13.11636M -2.68329M
Change in cash -3.07200M 0.36M -5.73768M 7.69M 3.36M
Begin period cash flow 7.42M 7.06M 12.80M 5.11M 1.75M
End period cash flow 4.35M 7.42M 7.06M 12.80M 5.11M
Total cash from operating activities -2.04653M -5.13736M -5.24453M -2.15696M -1.58277M
Issuance of capital stock 0.00000M 13.78M 5.59M 18.93M 5.31M
Depreciation 0.04M 0.14M 0.08M 0.05M 0.03M
Other cashflows from investing activities - 0.06M 0.06M 0.06M 0.04M
Dividends paid - - - 0.00000M -
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock - 13.80M 8.18M 19.28M 5.48M
Other cashflows from financing activities 0.00006M 0.02M 2.58M -0.26400M 6.53M
Change to netincome - 0.96M 0.91M 11.08M 0.68M
Capital expenditures 1.05M 8.27M 8.83M 9.05M 6.81M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.34M -0.25039M -0.66908M -0.17251M 0.39M
Stock based compensation 1.57M 1.01M 1.07M 1.21M 0.70M
Other non cash items -0.26961M -0.04247M -0.05502M 1.59M 0.13M
Free cash flow -3.09290M -13.40606M -14.06989M -11.20595M -8.39755M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
ERD
Erdene Resource Development Corp
0.01 1.14% 0.89 - - - 3.87 -15.1774
IVN
Ivanhoe Mines Ltd.
0.01 0.07% 13.41 109.35 21.37 - 3.68 130.80
NGEX
NGEx Minerals Ltd.
-0.32 2.52% 12.39 - - - -
FOM
Foran Mining Corporation
-0.02 0.58% 3.43 - - - 2.08 -131.2641
SKE
Skeena Resources Ltd
0.45 2.63% 17.56 - - - 8.01 -4.0329

Reports Covered

Stock Research & News

Profile

Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. 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 Corp

Metropolitan Place, Dartmouth, NS, Canada, B3A 4S5

Key Executives

Name Title Year Born
Mr. Peter C. Akerley B.Sc. Pres, CEO & Director 1963
Mr. Robert L. Jenkins VP & CFO NA
Mr. Michael X. Gillis B.Sc. VP of Exploration NA
Mr. Jon M. L. Lyons VP of Projects NA
Ms. Bayarmaa Bagabandi Chief Admin. Officer NA
Ms. Diane E. Webber Director of External Relations & Communications NA
Mr. Michael C. Corey Chief Geologist of Mongolia NA
Mr. Gendenjamtsyn Bat-Erdene Sr. Geologist NA
Ms. D. Suzan Frazer LL.B. Corp. Sec. 1955
Mr. Peter C. Akerley B.Sc. President, CEO & Director 1963

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