ERDCF
Price:
$5.34
Market Cap:
$2.71B
Erdene Resource Development Corporation focuses on the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. It explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company principally holds a 100% interest in the Bayan Khundii Gold Project comprising 2,309 hectares located in the Bayankhongor province in Mongolia; and the Altan Nar Gold-Polymetallic project located in located in the Bayankhongor Aimag. It also holds interests in three mining licenses and two exploration licenses located in southwest Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May ...[Read more]
Industry
Industrial Materials
IPO Date
2010-04-26
Stock Exchange
OTC
Ticker
ERDCF
According to Erdene Resource Development Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 2.71B. This represents a change of 77.65% compared to the average of 1.52B of the last 4 quarters.
The mean historical Enterprise Value of Erdene Resource Development Corporation over the last ten years is 514.55M. The current 2.71B Enterprise Value has changed 52.49% with respect to the historical average. Over the past ten years (40 quarters), ERDCF's Enterprise Value was at its highest in in the June 2025 quarter at 1.92B. The Enterprise Value was at its lowest in in the September 2015 quarter at 69.92M.
Average
514.55M
Median
504.89M
Minimum
88.46M
Maximum
1.16B
Discovering the peaks and valleys of Erdene Resource Development Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 454.88%
Maximum Annual Enterprise Value = 1.16B
Minimum Annual Increase = -52.21%
Minimum Annual Enterprise Value = 88.46M
| Year | Enterprise Value | Change |
|---|---|---|
| 2024 | 1.16B | 58.72% |
| 2023 | 733.04M | 44.56% |
| 2022 | 507.08M | -28.13% |
| 2021 | 705.53M | 35.68% |
| 2020 | 519.99M | 167.90% |
| 2019 | 194.10M | -19.20% |
| 2018 | 240.21M | -52.21% |
| 2017 | 502.70M | 2.41% |
| 2016 | 490.86M | 454.88% |
| 2015 | 88.46M | 98.68% |
The current Enterprise Value of Erdene Resource Development Corporation (ERDCF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
801.21M
5-year avg
725.83M
10-year avg
514.55M
Erdene Resource Development Corporation’s Enterprise Value is greater than Entrée Resources Ltd. (369.01M), greater than NorthIsle Copper and Gold Inc. (581.28M), greater than Worry Free Holdings Company (2.99M), greater than Metro Mining Limited (519.53M), less than CITIC Resources Holdings Limited (4.98B), greater than Benz Mining Corp. (388.82M), greater than Ecora Resources PLC (487.39M), greater than Meridian Mining UK Societas (485.44M), greater than Aurelia Metals Limited (296.25M), greater than ioneer Ltd (294.37M),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 369.01M | $357.59M | |
| 581.28M | $423.12M | |
| 2.99M | $3.00M | |
| 519.53M | $312.69M | |
| 4.98B | $396.82M | |
| 388.82M | $289.43M | |
| 487.39M | $351.17M | |
| 485.44M | $497.77M | |
| 296.25M | $253.89M | |
| 294.37M | $320.14M |
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What is Erdene Resource Development Corporation's Enterprise Value?
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How does the current Enterprise Value for Erdene Resource Development Corporation (ERDCF) compare to its historical average?