ERDCF Company Profile and Key Details

Average 10-day trading volume of 7.32 thousand shares is below the 3-month average of 11.18 thousand, indicating normal recent market interest.

Erdene Resource Development Corporation (OTC:ERDCF) closed at $4.52 USD, losing -$0.29 (-6.03%) from the previous close of $4.81. The stock is currently mid-range between its 52-week high and low $2.97 and $7.91. With a market capitalization of about $295.24 million, Erdene Resource Development Corporation is classified as a micro-cap and shows higher-than-market volatility (beta ~1.53). Key stats such as the average daily volume over the past year has been around 11.26 thousand shares, volume is running light vs its 52-week average. Headquartered in Dartmouth, NS, Erdene Resource Development Corporation operates in the Basic Materials sector and the Industrial Materials industry. Led by CEO Peter C. Akerley, the company employs approximately 500 people and listed since April 26, 2010. Erdene Resource Development Corporation (ERDCF) is a mining firm primarily focused on identifying, acquiring, and advancing precious and base metal resources across Mongolia.

Erdene Resource Development Corporation last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.05. This means the shares are trading above this model’s fair value.

Our AI price prediction model suggests that Erdene Resource Development Corporation stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Valuation shows Erdene Resource Development Corporation trading at a premium to the broader market with a P/E of 26.48.

Erdene Resource Development Corporation trades at a P/E ratio of 26.48, slightly below the S&P 500 average, with a price-to-sales ratio of 0.0 and a price-to-book ratio of 4.26 trading at moderately above to book value. The P/FCF stands at -59.4, also above market averages.