Erdene Resource Development Corp ERD
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
- CAD 0.41
- Day Range
- CAD 0.41–0.41
- 52-Week Range
- CAD 0.27–0.42
- Bid/Ask
- CAD 0.41 / CAD 0.41
- Market Cap
- CAD 139.94 Mil
- Volume/Avg
- 22,100 / 166,244
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
- Website
- https://www.erdene.com
Comparables
Valuation
|
Metric
|
ERD
|
ARTG
|
KNT
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | 32.96 |
Price/Book Value | 2.37 | 3.09 | 3.88 |
Price/Sales | — | — | 6.78 |
Price/Cash Flow | — | — | 16.54 |
Price/Earnings
ERD
ARTG
KNT
Financial Strength
|
Metric
|
ERD
|
ARTG
|
KNT
|
|---|---|---|---|
Quick Ratio | 23.40 | 2.92 | 2.23 |
Current Ratio | 31.22 | 2.92 | 3.08 |
Interest Coverage | 105.44 | −135.09 | 15.61 |
Quick Ratio
ERD
ARTG
KNT
Profitability
|
Metric
|
ERD
|
ARTG
|
KNT
|
|---|---|---|---|
Return on Assets (Normalized) | −4.80% | −0.86% | 10.38% |
Return on Equity (Normalized) | −6.08% | −1.21% | 12.28% |
Return on Invested Capital (Normalized) | −5.33% | −1.69% | 12.08% |
Return on Assets
ERD
ARTG
KNT
Other Industrial Metals & Mining Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
BHP
| BHP Group Ltd ADR | Ffkhldmk | Zssz | $148.8 Bil | |
BHPLF
| BHP Group Ltd | M | Ycvgw | $142.5 Bil | |
RTNTF
| Rio Tinto Ltd | — | Mrb | $136.3 Bil | |
RIO
| Rio Tinto PLC ADR | Jgxckjl | Htf | $110.7 Bil | |
VALE
| Vale SA ADR | Qfk | Xwfz | $51.6 Bil | |
NGLOY
| Anglo American PLC ADR | Lkrwrlwj | Dhrg | $44.2 Bil | |
TECK
| Teck Resources Ltd Class B (Sub Voting) | Zgmngydn | Gcd | $26.1 Bil | |
LAC
| Lithium Americas Corp | Lcclclkr | Sft | $1.0 Bil | |
LAAC
| Lithium Americas (Argentina) Corp | Phxdmxsv | Kcgqgh | $781.1 Mil | |
CMP
| Compass Minerals International Inc | Jkkjkrll | Lbdyp | $538.7 Mil |