Erdene Resource Development Corporation (ERD) Stock Price Analysis

Erdene Resource Development Corporation — Overview & Financial Snapshot

Erdene Resource Development Corporation (Toronto: ERD) is a Basic Materials company, ranked #3,642 of 12,643 companies globally and #270 of 1,768 in Canada on PositoAI, with a Positivity Score of 22,559. Its market capitalisation is ₹2,506.04 Cr (C$368.76M), P/E ratio is 25.6 and P/B ratio is 3.70. It has no active red flags (PosiRed) or yellow flags (PosiYellow) on record.

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What does Erdene Resource Development Corporation do?

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…

What is Erdene Resource Development Corporation's P/E and P/B ratio?

Erdene Resource Development Corporation has a P/E ratio of 25.6 and a P/B ratio of 3.70.

What is Erdene Resource Development Corporation's debt-to-equity ratio?

Erdene Resource Development Corporation has a debt-to-equity ratio of 0.00.

How much does Erdene Resource Development Corporation owe compared with what it owns?

Erdene Resource Development Corporation owes C$0.01 for every C$1 it owns (balance sheet Jun 2026), which is low.

What is Erdene Resource Development Corporation's Positivity rank?

Erdene Resource Development Corporation is ranked #3,642 of 12,643 companies globally and #270 of 1,768 in Canada on PositoAI, with a Positivity Score of 22,559.

Does Erdene Resource Development Corporation have any regulatory orders, red flags (PosiRed) or yellow flags (PosiYellow)?

No active red flags (PosiRed) or yellow flags (PosiYellow) are currently on record for Erdene Resource Development Corporation.

Where can I read the latest news about Erdene Resource Development Corporation?

Recent headlines about Erdene Resource Development Corporation from the last 30 days, with links to the original articles, are on its News page on PositoAI.

Does Erdene Resource Development Corporation have a PositoAI PosiShot or QR code?

Yes. A dated PosiShot of Erdene Resource Development Corporation's current position, a PosiQR code for its live profile and a ready-made dated mention are available on its For this company page on PositoAI.