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TSX · Other Industrial Metals & Mining · CAD

Erdene Resource Development Corporation (ERD.TO) Stock Analysis

Erdene Resource Development Corporation (ERD.TO) is a Other Industrial Metals & Mining stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 21, 2026

ERD.TO

CA$5.95

+CA$0.10 (+1.71%)

Oct 21, 2026 · Market close

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Price History

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ERD.TO Key Statistics

As of Oct 21, 2026
Trading
Open
CA$5.91
Previous Close
CA$5.85
Day's Range
5.80–5.95
52-Week Range
4.54–10.20
Volume
27.11K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.62
Valuation
Market Cap
CA$389.72M
P/E Ratio
25.87
EPS (ttm)Profit attributable to each share over the last twelve months.
0.23
Financials (FY)
Revenue (FY)
CA$0.00
Net Income (FY)
−CA$8.18M
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
65.50M
1-Year Return
−33.00%
Dividend and dates
Earnings Date
November 4, 2026
Avg Volume
40.54K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ERD.TO closed at CA$5.95, −33.00% over 1 year.

Erdene Resource Development Corporation (ERD.TO) has a market capitalization of CA$389.72M.

In fiscal 2025, ERD.TO reported revenue of CA$0.00.

ERD.TO Stock Return by Calendar Year

Erdene Resource Development Corporation (ERD.TO) 10-year return: what CA$10,000 became

1 year
CA$10,000 CA$6,700
−33.00%
5 years
CA$10,000 CA$23,062
+130.62%
10 years
CA$10,000 CA$20,238
+102.38%

If you had invested CA$10,000 in Erdene Resource Development Corporation (ERD.TO) 10 years ago, at the close on October 21, 2016, it would have been worth CA$20,238 at the close on October 21, 2026: +102.38% in total, +7.30% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−27.88%
2025+145.54%
2024+55.56%
2023+28.57%
2022−34.88%
2021+4.88%
2020+127.78%
2019−30.77%
2018−56.67%
2017−14.29%
2016 (partial year)+105.88%

As of October 21, 2026.

ERD.TO Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025CA$0.00−CA$8.18M—
2024CA$0.00−CA$8.25M—
2023CA$0.00CA$522.04K—
2022CA$0.00−CA$5.99M—
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$0.00—−CA$6.45M−CA$8.18M—
2024CA$0.00−CA$25.60K−CA$5.40M−CA$8.25M—
2023CA$0.00−CA$36.96K−CA$3.98MCA$522.04K—
2022CA$0.00−CA$38.09K−CA$6.02M−CA$5.99M—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

ERD.TO Valuation vs Other Industrial Metals & Mining Median

Median of 103 stocks
MetricERD.TOOther Industrial Metals & Mining medianvs median
P/E25.8718.2342% above

Medians across 103 Other Industrial Metals & Mining stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

Erdene Resource Development Corporation (ERD.TO) is capitalised at CA$389.72M on the latest close. The company sits in the Basic Materials sector, in the Other Industrial Metals & Mining industry. Headcount on file is 565.

Over the past 52 weeks the price has ranged from CA$4.54 to CA$10.20. The most recent close on file for ERD.TO is CA$5.95, dated October 21, 2026. That is +CA$0.10 (+1.71%) against the previous close. The latest close sits 31.06% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$0.00. The same year closed with a net loss of CA$8.18M. Trailing earnings per share are 0.23.

Across the 4 fiscal years on file, revenue moves from CA$0.00 in 2022 to CA$0.00 in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 25.87 times earnings. That is 41.95% above the Other Industrial Metals & Mining median of 18.23. 103 Other Industrial Metals & Mining companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is −33.00%. Measured over 10 years, that is +7.30% a year compounded. The reported beta is 1.62. Daily returns over the trailing 10 years annualize to a volatility of 63.1%.

Growth & Income

The record shows no dividend for ERD.TO.

So far in 2026 the total return is −27.88%. Across the complete calendar years on file, 2025 returned +145.54% and 2018 returned −56.67%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Erdene Resource Development Corporation (ERD.TO) operates in the Other Industrial Metals & Mining industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Erdene Resource Development Corporation ERD.TO CA$389.72M 25.9
BHP Group Limited BHP $211.50B 21.6
Rio Tinto Group RIO $141.37B 11.8
Vale S.A. VALE $54.05B 25.4

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Other Industrial Metals & Mining industry average P/E ratio is 18.2x. Erdene Resource Development Corporation trades at a P/E of 25.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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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.

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