Erdene Resource Development Corp ERDCF
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.
Trading Information
- Previous Close Price
- $4.14
- Day Range
- $4.12–4.12
- 52-Week Range
- $2.97–7.91
- Bid/Ask
- $4.11 / $4.15
- Shares Outstanding
- 65.50M
- Market Cap
- $269.09M
- Volume/Avg
- 1,000 / 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
- Website
- https://www.erdene.com
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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United States