ERDCF
Price:
$5.33
Market Cap:
$2.70B
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 ROE is -20.97%. This represents a change of 299.24% compared to the average of -5.25% of the last 4 quarters.
The mean historical ROE of Erdene Resource Development Corporation over the last ten years is -82.34%. The current -20.97% ROE has changed -74.53% with respect to the historical average. Over the past ten years (40 quarters), ERDCF's ROE was at its highest in in the December 2023 quarter at 9.12%. The ROE was at its lowest in in the December 2015 quarter at -551.26%.
Average
-82.34%
Median
-24.11%
Minimum
-605.62%
Maximum
0.89%
Discovering the peaks and valleys of Erdene Resource Development Corporation ROE, 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 = 2.35%
Maximum Annual ROE = 0.89%
Minimum Annual Increase = -1594.73%
Minimum Annual ROE = -605.62%
| Year | ROE | Change |
|---|---|---|
| 2024 | -13.25% | -1594.73% |
| 2023 | 0.89% | -102.54% |
| 2022 | -34.85% | 185.61% |
| 2021 | -12.20% | -65.23% |
| 2020 | -35.09% | 146.06% |
| 2019 | -14.26% | -31.82% |
| 2018 | -20.92% | -23.38% |
| 2017 | -27.30% | -55.11% |
| 2016 | -60.81% | -89.96% |
| 2015 | -605.62% | 2.35% |
The current ROE 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
-15.74%
5-year avg
-18.90%
10-year avg
-82.34%
Erdene Resource Development Corporation’s ROE is less than Entrée Resources Ltd. (2.66%), greater than NorthIsle Copper and Gold Inc. (-69.47%), greater than Worry Free Holdings Company (-0.41%), less than Metro Mining Limited (132.46%), less than CITIC Resources Holdings Limited (4.72%), greater than Benz Mining Corp. (-61.64%), greater than Ecora Resources PLC (-4.56%), greater than Meridian Mining UK Societas (-118.94%), less than Aurelia Metals Limited (14.12%), less than ioneer Ltd (-0.00%),
| Company | ROE | Market cap |
|---|---|---|
| 2.66% | $359.67M | |
| -69.47% | $423.12M | |
| -0.41% | $3.00M | |
| 132.46% | $312.69M | |
| 4.72% | $396.82M | |
| -61.64% | $285.44M | |
| -4.56% | $351.17M | |
| -118.94% | $497.77M | |
| 14.12% | $253.89M | |
| -0.00% | $315.20M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Erdene Resource Development Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Erdene Resource Development Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the ROE?
How can you use the ROE?
What is Erdene Resource Development Corporation's ROE?
How is the ROE calculated for Erdene Resource Development Corporation (ERDCF)?
What is the highest ROE for Erdene Resource Development Corporation (ERDCF)?
What is the 3-year average ROE for Erdene Resource Development Corporation (ERDCF)?
What is the 5-year average ROE for Erdene Resource Development Corporation (ERDCF)?
How does the current ROE for Erdene Resource Development Corporation (ERDCF) compare to its historical average?