Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company primarily explores copper, molybdenum, gold, silver, lead, and zinc deposits. The company’s principal project is the Bayan Khundii Gold Project located in Bayankhongor province, Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.
Metrics to compare | ERD | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipERDPeersSector | |
|---|---|---|---|---|
P/E Ratio | −46.5x | −25.8x | 5.3x | |
PEG Ratio | −8.44 | −0.51 | 0.00 | |
Price/Book | 7.0x | 2.0x | 1.6x | |
Price / LTM Sales | - | 137.0x | 1.3x | |
Upside (Analyst Target) | 148.7% | 150.8% | 33.9% | |
Fair Value Upside | Unlock | −20.2% | 1.9% | Unlock |