Erdene Resource Development Corporation (TSX:ERD)

Canada flag Canada · Delayed Price · Currency is CAD
6.13
-0.12 (-1.92%)
Jun 3, 2026, 4:00 PM EST
Market Cap400.52M +15.5%
Revenue (ttm)n/a
Net Income1.08M
EPS0.01
Shares Out 65.34M
PE Ratio369.77
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume91,153
Open6.34
Previous Close6.25
Day's Range6.05 - 6.34
52-Week Range5.22 - 10.95
Beta1.53
Analystsn/a
Price Targetn/a
Earnings DateMay 6, 2026

About TSX:ERD

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 D... [Read more]

Sector Materials
Founded 2000
Employees 500
Stock Exchange Toronto Stock Exchange
Ticker Symbol ERD
Full Company Profile

Financial Performance

Financial Statements

News

Erdene Announces Results of Annual General and Special Meeting

HALIFAX, Nova Scotia, May 29, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce its shareholders voted in ...

5 days ago - GlobeNewsWire

Erdene Resource Development Corp Annual Shareholders Meeting Transcript

Erdene Resource Development Corp Annual Shareholders Meeting Transcript

6 days ago - GuruFocus

Erdene Resource Development Transcript: AGM 2026

The meeting confirmed director elections, auditor reappointment, and Omnibus Plan approval. Operational highlights included strong cash flow, commercial production at Bayan Khundii, and strategic plans for district expansion and new project development. Key risks and cost controls were discussed.

6 days ago - Transcripts

Erdene Releases 2026 Shareholder Letter and Provides Investor Update Webcast

HALIFAX, Nova Scotia, May 27, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) (“Erdene” or the “Company”) is pleased to publish its 2026 Letter to Sharehol...

7 days ago - GlobeNewsWire

Erdene Resource Development Earnings Call Transcript: Q1 2026

Bayan Khundii Gold Mine began production in Q4 2025, generating $31M in revenue and ramping up to full output by Q2 2026. Strong cash position supports ongoing exploration, with all-in sustaining costs projected at $1,250/oz. High-grade drill results and new copper discoveries drive future growth.

27 days ago - Transcripts

Erdene Resource Development Earnings release: Q1 2026

Erdene Resource Development released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

27 days ago - Filings

Erdene Resource Development Slides: Q1 2026

Erdene Resource Development has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

27 days ago - Filings

Erdene Announces Q1 2026 Results

Highlights: Produced and sold 8,527 ounces gold at an average price of US$4,872/oz for US$42M in gross project revenues  Achieved commercial production at Bayan Khundii, operating at 94% of target thr...

4 weeks ago - GlobeNewsWire

Erdene Provides Q1 2026 Bayan Khundii Gold Mine Update

HALIFAX, Nova Scotia, April 20, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to provide a Bayan Khundii Gold Mine...

6 weeks ago - GlobeNewsWire

Erdene Resource Development Slides: Corporate presentation

Erdene Resource Development has posted slides in relation to its latest quarterly earnings report, which was published on April 9, 2026.

7 weeks ago - Filings

Erdene Resource Development Earnings Call Transcript: Q4 2025

Bayan Khundii Gold Mine began production in 2025, generating $31M in Q4 revenue and achieving strong operational ramp-up. The mine is now cash flow positive, with CAD 30M in treasury for exploration and expansion, and targets 80,000 oz/year at low costs.

2 months ago - Transcripts

Erdene Resource Development Earnings release: Q4 2025

Erdene Resource Development released its Q4 2025 earnings on March 25, 2026, summarizing the period's financial results.

2 months ago - Filings

Erdene Resource Development Slides: Q4 2025

Erdene Resource Development has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 25, 2026.

2 months ago - Filings

Erdene Announces 2025 Results - Provides Bayan Khundii Gold Mine and Exploration Update

HALIFAX, Nova Scotia, March 24, 2026 (GLOBE NEWSWIRE) -- Highlights: Completed construction at the high-grade Bayan Khundii Gold Mine in Q3 2025 Produced first gold in September 2025 and sold 7,434 ou...

2 months ago - GlobeNewsWire

Erdene Provides Notice of Release of Fourth Quarter and Full Year 2025 Results and Conference Call

HALIFAX, Nova Scotia, March 20, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") announces that it will release its fourth quart...

2 months ago - GlobeNewsWire

Video - CEO Clips: Erdene Resource Development Advances High-Grade Gold Project in Mongolia

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Erdene Resource Development (TSX: ERD) (OTCQX: ERDCF) is producing at a high-grade gold project in an underexplored district in Mong...

3 months ago - Newsfile Corp

Erdene Expands Mineralization at Zuun Mod Molybedenum-Copper Project

Highlights: Drilling from surface to 150 metres depth returned multiple intersections of ore-grade mineralization in areas modelled as waste High-grade intersections, greater than 0.1% MoEq1 were retu...

3 months ago - GlobeNewsWire

Erdene Intersects 30 Metres of 1.25% Copper in Khuvyn Khar Porphyry System

Highlights: Intersected 65 metres averaging 0.63% copper (“Cu”) and 2.9 g/t silver (“Ag”) mineralization, including 30 metres averaging 1.25% Cu and 6.1 g/t Ag Mineralized zone extends from 238 meters...

5 months ago - GlobeNewsWire

Toronto Stock Exchange, Erdene Resource Development Corp., The View from the C-Suite

Toronto, Ontario--(Newsfile Corp. - January 7, 2026) - Peter C. Akerley, President, Chief Executive Officer and Director, Erdene Resource Development Corp. ("Erdene" or the "Company") (TSX: ERD), shar...

5 months ago - Newsfile Corp

Erdene Resource Development Corp. (ERD.TO) Opens the Market

Toronto, Ontario--(Newsfile Corp. - December 15, 2025) - Peter Akerley, President and CEO, Erdene Resource Development Corporation ("Erdene" or the "Company") (TSX: ERD.TO), joined Robert Peterman, Ch...

6 months ago - Newsfile Corp

Erdene Files Updated Resource for the Zuun Mod Molybdenum-Copper Project

HALIFAX, Nova Scotia, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQB: ERFCF) ("Erdene" or the "Company") is pleased to report that further to its announc...

7 months ago - GlobeNewsWire

Erdene Resource Development Earnings Call Transcript: Q3 2025

First gold production achieved at Bayan Khundii, with commercial output targeted by year-end and strong ramp-up progress. Q3 saw increased exploration, a $1.3M JV loss, and robust cash positions, with priorities on exploration, debt repayment, and future dividends.

7 months ago - Transcripts

Erdene Resource Development Earnings release: Q3 2025

Erdene Resource Development released its Q3 2025 earnings on November 5, 2025, summarizing the period's financial results.

7 months ago - Filings

Erdene Announces Q3 2025 Results Provides Bayan Khundii Mining and Exploration Update

Highlights: Produced first gold at Bayan Khundii on September 14 and expect to achieve nameplate production by end of 2025 Announced updated independent mineral resource estimate for Zuun Mod molybden...

7 months ago - GlobeNewsWire

VIDEO - CEO Clips Erdene: Unlocking Gold Potential in Mongolia's New Mining District

Vancouver, British Columbia--(Newsfile Corp. - October 14, 2025) - Erdene Resource Development (TSX: ERD) (OTCQB: ERDCF) - With one of the highest open-pit gold grades in the world, Erdene has transit...

8 months ago - Newsfile Corp