Erdene Resource Development (TSE:ERD – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported C$0.14 EPS for the quarter, FiscalAI reports.
Erdene Resource Development Trading Up 1.3%
ERD traded up C$0.07 on Friday, reaching C$5.52. 7,060 shares of the company traded hands, compared to its average volume of 110,449. Erdene Resource Development has a one year low of C$4.54 and a one year high of C$10.20. The firm has a fifty day simple moving average of C$6.04 and a two-hundred day simple moving average of C$6.42. The company has a market cap of C$361.55 million, a P/E ratio of 24.00 and a beta of 2.36. The company has a quick ratio of 4.27, a current ratio of 58.38 and a debt-to-equity ratio of 0.08.
About Erdene Resource Development
Erdene Resource Development Corp. is a Canada-based resource company producing gold at the high-grade, low-cost Bayan Khundii Gold Mine in underexplored and highly prospective Mongolia. The Company has interests in a portfolio of precious and base metal projects near the Bayan Khundii Gold Mine in the Khundii Minerals District, which provides a robust organic growth pipeline. Erdene Resource Development Corp. is listed on the Toronto (‘ERD’) and the Mongolian stock (‘ERDN’) exchanges and OTCQX Market (‘ERDCF’).
Read More
- Five stocks we like better than Erdene Resource Development
- Powering Up: Freeport-McMoRan’s $4.5B Copper Expansion
- 3 Dividend ETFs Offer Different Ways to Navigate the Post-Election Sell-Off
- Riot’s $28B Lease Shows Why Location and Contracts Matter in AI
- These 3 Underperforming Stocks Are Seeing Notable CEO Insider Trades
Receive News & Ratings for Erdene Resource Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erdene Resource Development and related companies with MarketBeat.com's FREE daily email newsletter.
