ERDCF
Price:
$5.372
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 PE Ratio is -38.37. This represents a change of -72.35% compared to the average of -138.78 of the last 4 quarters.
The mean historical PE Ratio of Erdene Resource Development Corporation over the last ten years is 61.49. The current -38.37 PE Ratio has changed -6340.47% with respect to the historical average. Over the past ten years (40 quarters), ERDCF's PE Ratio was at its highest in in the December 2023 quarter at 34.21. The PE Ratio was at its lowest in in the September 2016 quarter at -949.24.
Average
61.49
Median
-66.92
Minimum
-196.79
Maximum
1.41K
Discovering the peaks and valleys of Erdene Resource Development Corporation PE Ratio, 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 = 2.69%
Maximum Annual PE Ratio = 1.41K
Minimum Annual Increase = -5039.63%
Minimum Annual PE Ratio = -196.79
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -141.99 | -110.05% |
| 2023 | 1.41K | -5039.63% |
| 2022 | -28.59 | -77.60% |
| 2021 | -127.68 | 254.23% |
| 2020 | -36.04 | -46.73% |
| 2019 | -67.67 | 2.27% |
| 2018 | -66.16 | -47.33% |
| 2017 | -125.62 | -36.17% |
| 2016 | -196.79 | 2.69% |
| 2015 | -7.05 | -58.59% |
The current PE Ratio of Erdene Resource Development Corporation (ERDCF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
413.96
5-year avg
215.63
10-year avg
61.49
Erdene Resource Development Corporation’s PE Ratio is greater than Entrée Resources Ltd. (-187.15), greater than NorthIsle Copper and Gold Inc. (-51.49), less than Worry Free Holdings Company (-17.91), less than Metro Mining Limited (3.11), less than CITIC Resources Holdings Limited (8.36), less than Benz Mining Corp. (-32.68), less than Ecora Resources PLC (-18.20), less than Meridian Mining UK Societas (-22.52), less than Aurelia Metals Limited (8.13), less than ioneer Ltd (-28.81),
| Company | PE Ratio | Market cap |
|---|---|---|
| -187.15 | $357.59M | |
| -51.49 | $423.12M | |
| -17.91 | $3.00M | |
| 3.11 | $312.69M | |
| 8.36 | $396.82M | |
| -32.68 | $289.43M | |
| -18.20 | $351.17M | |
| -22.52 | $497.77M | |
| 8.13 | $253.89M | |
| -28.81 | $320.14M |
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