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Erdene Resource Development Corp ERDCF

Morningstar Rating
$0.25 0.00 (0.03%)
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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 31% discount.
Price
$0.25
Fair Value
$4.88
Uncertainty
Extreme
1-Star Price
$6.21
5-Star Price
$6.54
Economic Moat
Vmwrw
Capital Allocation
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Trading Information

Previous Close Price
$0.25
Day Range
$0.250.26
52-Week Range
$0.190.30
Bid/Ask
$0.25 / $0.30
Market Cap
$87.33 Mil
Volume/Avg
32,500 / 56,487

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Erdene Resource Development Corp is a Canadian-based resource exploration company. It is primarily engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company's project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometres of China's border in Mongolia's Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
Small Core
Total Number of Employees
59

Comparables

Valuation

Metric
ERDCF
ARTG
KNT
Price/Earnings (Normalized)
27.81
Price/Book Value
2.452.402.90
Price/Sales
5.20
Price/Cash Flow
13.87
Price/Earnings
ERDCF
ARTG
KNT

Financial Strength

Metric
ERDCF
ARTG
KNT
Quick Ratio
0.621.842.18
Current Ratio
0.661.843.07
Interest Coverage
−1,126.04−136.2813.37
Quick Ratio
ERDCF
ARTG
KNT

Profitability

Metric
ERDCF
ARTG
KNT
Return on Assets (Normalized)
−6.44%−0.84%8.44%
Return on Equity (Normalized)
−8.24%−1.05%9.99%
Return on Invested Capital (Normalized)
−7.15%−2.00%9.83%
Return on Assets
ERDCF
ARTG
KNT
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