Erdene Resource Development Stock Analysis

Erdene Stock Analysis Notes

About 22.0% of the company shares are held by company insiders. The company recorded a loss per share of 0.02. Erdene Resource Deve had not issued any dividends in recent years. The entity had 1:2 split on the 9th of November 2012. Erdene Resource Development Corporation focuses in the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada. ERDENE RESOURCE operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. To learn more about Erdene Resource Development call Peter BSc at 902 423 6419 or check out https://www.erdene.com.

Erdene Resource Deve Investment Alerts

Erdene Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 315.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Erdene Resource's market, we take the total number of its shares issued and multiply it by Erdene Resource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Erdene Profitablity

Management Efficiency

Erdene Resource Deve has return on total asset (ROA) of (0.0706) % which means that it has lost $0.0706 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1362) %, meaning that it generated substantial loss on money invested by shareholders. Erdene Resource's management efficiency ratios could be used to measure how well Erdene Resource manages its routine affairs as well as how well it operates its assets and liabilities. As of the 6th of May 2025, Return On Tangible Assets is likely to drop to -0.14. In addition to that, Return On Capital Employed is likely to drop to -0.09. At this time, Erdene Resource's Non Current Assets Total are very stable compared to the past year. As of the 6th of May 2025, Non Currrent Assets Other is likely to grow to about 1.9 M, while Total Assets are likely to drop about 31.6 M.

Technical Drivers

As of the 6th of May, Erdene Resource shows the Semi Deviation of 3.1, downside deviation of 4.15, and Mean Deviation of 2.89. Erdene Resource Deve technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Erdene Resource Deve Price Movement Analysis

Erdene Resource Outstanding Bonds

Erdene Resource Predictive Daily Indicators

Erdene Resource Forecast Models

Erdene Resource's time-series forecasting models are one of many Erdene Resource's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Erdene Resource's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Erdene Resource prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Erdene shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Erdene Resource. By using and applying Erdene Stock analysis, traders can create a robust methodology for identifying Erdene entry and exit points for their positions.

Erdene Resource financial ratios help investors to determine whether Erdene Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Erdene with respect to the benefits of owning Erdene Resource security.