Erdene Resource Development Corp ERDCF

Morningstar Rating
$4.15 +0.01 (0.24%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

ERDCF is trading at a LOCK|>swFTX premium.
Price
$4.14
Fair Value
LOCK|$H#Nk%
Uncertainty
LOCK|Kf s^LNq
1-Star Price
LOCK|&qrT&%m
5-Star Price
LOCK|HmGx@m
Economic Moat
LOCK|KZlt?
Capital Allocation
—

Trading Information

Previous Close Price
$4.14
Day Range
$4.12–4.15
52-Week Range
$2.97–7.91
Bid/Ask
$4.12 / $4.16
Shares Outstanding
65.50M
Market Cap
$270.97M
Volume/Avg
2,573 / 7,400

Key Statistics

Price/Earnings (Normalized)
24.46
Price/Sales
—
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Erdene Resource Development Corp is a Canadian-based company focused on the acquisition, exploration, and development of large, high-grade, near-surface, precious and base metals deposits in underexplored and prospective Mongolia. Currently, the corporation's principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other exploration and evaluation assets consist of interests in the Zuun Mod, Greater Dark Horse, Altan Nar, Dark Horse, Ulaan, Tereg Uul, and other properties located in Mongolia.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Growth
Total Number of Employees
17

Valuation

Metric
ERDCF
Price/Earnings (Normalized)
24.46
Price/Book Value
3.87
Price/Sales
—
Price/Cash Flow
—
Price/Earnings
ERDCF

Financial Strength

Metric
ERDCF
Quick Ratio
57.88
Current Ratio
58.38
Interest Coverage
1,849.83
Quick Ratio
ERDCF

Profitability

Metric
ERDCF
Return on Assets (Normalized)
22.39%
Return on Equity (Normalized)
22.72%
Return on Invested Capital (Normalized)
22.19%
Return on Assets
ERDCF

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