Erdene Resource Development Corporation Logo

Erdene Resource Development Corporation

ERDCF

(1.5)
Stock Price

0,44 USD

-0.66% ROA

-0.68% ROE

-712.8x PER

Market Cap.

271.360.436,53 USD

0.01% DER

0% Yield

0% NPM

Erdene Resource Development Corporation Stock Analysis

Erdene Resource Development Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Erdene Resource Development Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (28%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 PBV

The stock's PBV ratio (2.14x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

5 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

6 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

7 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

8 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

9 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (0), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

10 ROE

Negative ROE (-13.59%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

11 ROA

The stock's ROA (-10.68%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

Erdene Resource Development Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Erdene Resource Development Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Erdene Resource Development Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Erdene Resource Development Corporation Revenue
Year Revenue Growth
2001 1.380
2002 169 -716.57%
2003 8.542 98.02%
2004 197.581 95.68%
2005 0 0%
2006 250.176 100%
2007 267.304 6.41%
2008 0 0%
2009 167.957 100%
2010 526.593 68.1%
2011 882.828 40.35%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Erdene Resource Development Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 42.780 100%
2003 255.442 83.25%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Erdene Resource Development Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 2.253.582 100%
2009 1.941.822 -16.06%
2010 2.587.665 24.96%
2011 9.843.832 73.71%
2012 1.651.771 -495.96%
2013 556.994 -196.55%
2014 322.325 -72.81%
2015 379.812 15.14%
2016 1.439.140 73.61%
2017 2.443.648 41.11%
2018 2.114.196 -15.58%
2019 1.597.673 -32.33%
2020 1.832.055 12.79%
2021 1.936.450 5.39%
2022 2.180.895 11.21%
2023 2.365.608 7.81%
2023 3.137.735 24.61%
2024 4.523.968 30.64%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Erdene Resource Development Corporation EBITDA
Year EBITDA Growth
2001 1.380
2002 -91.201 101.51%
2003 -627.541 85.47%
2004 -4.316.581 85.46%
2005 -5.173.466 16.56%
2006 -4.472.477 -15.67%
2007 -6.341.970 29.48%
2008 -4.078.252 -55.51%
2009 -3.566.804 -14.34%
2010 -4.494.453 20.64%
2011 -13.343.469 66.32%
2012 -4.599.701 -190.09%
2013 -2.602.119 -76.77%
2014 -2.605.436 0.13%
2015 -2.224.997 -17.1%
2016 -3.591.816 38.05%
2017 -4.026.305 10.79%
2018 -3.703.420 -8.72%
2019 -2.637.750 -40.4%
2020 -3.124.467 15.58%
2021 -5.582.177 44.03%
2022 -5.822.697 4.13%
2023 -3.043.708 -91.3%
2023 -3.947.786 22.9%
2024 -5.013.440 21.26%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Erdene Resource Development Corporation Gross Profit
Year Gross Profit Growth
2001 1.380
2002 169 -716.57%
2003 8.542 98.02%
2004 197.581 95.68%
2005 0 0%
2006 -2.613.759 100%
2007 267.304 1077.82%
2008 0 0%
2009 -3.401.674 100%
2010 -2.260.242 -50.5%
2011 -4.283.816 47.24%
2012 -790.253 -442.08%
2013 -382.461 -106.62%
2014 -406.749 5.97%
2015 -365.636 -11.24%
2016 -7.748 -4619.1%
2017 -6.504 -19.13%
2018 -6.194 -5%
2019 -18.051 65.69%
2020 -36.850 51.01%
2021 -37.350 1.34%
2022 -38.089 1.94%
2023 -36.772 -3.58%
2023 -36.958 0.5%
2024 -41.020 9.9%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Erdene Resource Development Corporation Net Profit
Year Net Profit Growth
2001 -303.515
2002 -76.141 -298.62%
2003 -629.091 87.9%
2004 -4.436.620 85.82%
2005 -4.981.314 10.93%
2006 -4.565.028 -9.12%
2007 -6.651.063 31.36%
2008 -3.592.391 -85.14%
2009 -2.177.057 -65.01%
2010 -3.567.559 38.98%
2011 -11.861.320 69.92%
2012 -7.047.487 -68.31%
2013 -2.760.423 -155.3%
2014 -2.616.553 -5.5%
2015 -12.607.625 79.25%
2016 -2.499.739 -404.36%
2017 -4.027.465 37.93%
2018 -3.656.990 -10.13%
2019 -2.683.292 -36.29%
2020 -13.116.358 79.54%
2021 -5.570.523 -135.46%
2022 -5.986.237 6.94%
2023 -4.800.400 -24.7%
2023 522.043 1019.54%
2024 -7.475.256 106.98%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Erdene Resource Development Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Erdene Resource Development Corporation Free Cashflow
Year Free Cashflow Growth
2002 -180.685
2003 -657.391 72.51%
2004 -4.259.041 84.56%
2005 -5.309.414 19.78%
2006 -6.074.898 12.6%
2007 -2.559.005 -137.39%
2008 -10.493.555 75.61%
2009 -7.087.871 -48.05%
2010 -6.478.583 -9.4%
2011 -7.215.541 10.21%
2012 -5.438.928 -32.66%
2013 -2.595.656 -109.54%
2014 -2.362.895 -9.85%
2015 -2.479.852 4.72%
2016 -5.616.924 55.85%
2017 -11.268.744 50.15%
2018 -6.814.127 -65.37%
2019 -8.397.551 18.86%
2020 -11.205.950 25.06%
2021 -14.069.886 20.36%
2022 -13.406.065 -4.95%
2023 -3.092.900 -333.45%
2023 -4.021.565 23.09%
2024 -738.289 -444.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Erdene Resource Development Corporation Operating Cashflow
Year Operating Cashflow Growth
2002 -67.299
2003 -590.771 88.61%
2004 -4.069.935 85.48%
2005 -4.687.505 13.17%
2006 -3.533.935 -32.64%
2007 -2.482.655 -42.34%
2008 -2.435.813 -1.92%
2009 -3.651.787 33.3%
2010 -3.455.815 -5.67%
2011 -5.129.485 32.63%
2012 -5.103.987 -0.5%
2013 -2.381.451 -114.32%
2014 -2.217.933 -7.37%
2015 -1.576.425 -40.69%
2016 -3.052.731 48.36%
2017 -2.578.572 -18.39%
2018 -2.435.033 -5.89%
2019 -1.582.770 -53.85%
2020 -2.156.959 26.62%
2021 -5.244.530 58.87%
2022 -5.137.363 -2.09%
2023 -2.046.535 -151.03%
2023 10.772.927 119%
2024 -661.817 1727.78%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Erdene Resource Development Corporation Capital Expenditure
Year Capital Expenditure Growth
2002 113.386
2003 66.620 -70.2%
2004 189.106 64.77%
2005 621.909 69.59%
2006 2.540.963 75.52%
2007 76.350 -3228.05%
2008 8.057.742 99.05%
2009 3.436.084 -134.5%
2010 3.022.768 -13.67%
2011 2.086.056 -44.9%
2012 334.941 -522.81%
2013 214.205 -56.36%
2014 144.962 -47.77%
2015 903.427 83.95%
2016 2.564.193 64.77%
2017 8.690.172 70.49%
2018 4.379.094 -98.45%
2019 6.814.781 35.74%
2020 9.048.991 24.69%
2021 8.825.356 -2.53%
2022 8.268.702 -6.73%
2023 1.046.365 -690.23%
2023 14.794.492 92.93%
2024 76.472 -19246.29%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Erdene Resource Development Corporation Equity
Year Equity Growth
2001 67.257
2002 403.170 83.32%
2003 4.085.615 90.13%
2004 9.256.996 55.86%
2005 6.370.230 -45.32%
2006 30.924.030 79.4%
2007 40.710.052 24.04%
2008 54.058.635 24.69%
2009 52.477.457 -3.01%
2010 49.835.005 -5.3%
2011 40.384.006 -23.4%
2012 12.675.860 -218.59%
2013 11.420.951 -10.99%
2014 10.599.845 -7.75%
2015 2.081.758 -409.18%
2016 4.110.791 49.36%
2017 14.754.276 72.14%
2018 17.484.532 15.62%
2019 19.981.062 12.49%
2020 42.117.922 52.56%
2021 45.732.020 7.9%
2022 51.624.355 11.41%
2023 48.487.426 -6.47%
2023 58.876.795 17.65%
2024 56.813.531 -3.63%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Erdene Resource Development Corporation Assets
Year Assets Growth
2001 101.722
2002 445.184 77.15%
2003 4.161.426 89.3%
2004 9.426.472 55.85%
2005 6.648.606 -41.78%
2006 34.177.075 80.55%
2007 47.015.223 27.31%
2008 60.595.632 22.41%
2009 58.646.633 -3.32%
2010 55.994.039 -4.74%
2011 46.782.838 -19.69%
2012 13.314.959 -251.36%
2013 11.586.107 -14.92%
2014 10.911.648 -6.18%
2015 2.522.048 -332.65%
2016 4.293.435 41.26%
2017 14.945.876 71.27%
2018 17.708.919 15.6%
2019 26.972.832 34.35%
2020 42.813.830 37%
2021 46.544.317 8.01%
2022 52.533.366 11.4%
2023 94.243.608 44.26%
2023 59.062.946 -59.56%
2024 57.189.276 -3.28%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Erdene Resource Development Corporation Liabilities
Year Liabilities Growth
2001 0
2002 42.014 100%
2003 75.811 44.58%
2004 169.476 55.27%
2005 278.376 39.12%
2006 3.253.045 91.44%
2007 6.305.171 48.41%
2008 6.536.997 3.55%
2009 6.169.176 -5.96%
2010 6.159.034 -0.16%
2011 6.398.832 3.75%
2012 639.099 -901.23%
2013 165.156 -286.97%
2014 311.803 47.03%
2015 440.290 29.18%
2016 182.644 -141.06%
2017 191.600 4.67%
2018 224.387 14.61%
2019 6.991.770 96.79%
2020 695.908 -904.7%
2021 812.297 14.33%
2022 909.011 10.64%
2023 45.756.182 98.01%
2023 186.151 -24480.14%
2024 375.745 50.46%

Erdene Resource Development Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0
Price to Earning Ratio
-712.8x
Price To Sales Ratio
0x
POCF Ratio
-388.97
PFCF Ratio
82.86
Price to Book Ratio
4.75
EV to Sales
0
EV Over EBITDA
-46.98
EV to Operating CashFlow
-386.75
EV to FreeCashFlow
81.94
Earnings Yield
-0
FreeCashFlow Yield
0.01
Market Cap
0,27 Bil.
Enterprise Value
0,27 Bil.
Graham Number
0.06
Graham NetNet
0.01

Income Statement Metrics

Net Income per Share
-0
Income Quality
1.83
ROE
-0.01
Return On Assets
-0.01
Return On Capital Employed
-0.07
Net Income per EBT
-0.72
EBT Per Ebit
-0.13
Ebit per Revenue
0
Effective Tax Rate
-2.67

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0
Free CashFlow per Share
0.01
Capex to Operating CashFlow
-5.72
Capex to Revenue
0
Capex to Depreciation
-186.05
Return on Invested Capital
-0.26
Return on Tangible Assets
-0.01
Days Sales Outstanding
0
Days Payables Outstanding
907.83
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.4
Inventory Turnover
0
Capex per Share
0.01

Balance Sheet

Cash per Share
0,01
Book Value per Share
0,16
Tangible Book Value per Share
0.16
Shareholders Equity per Share
0.16
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.53
Current Ratio
8.64
Tangible Asset Value
0,06 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
2917351
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Erdene Resource Development Corporation Dividends
Year Dividends Growth

Erdene Resource Development Corporation Profile

About Erdene Resource Development Corporation

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 2008. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.

CEO
Mr. Peter C. Akerley B.Sc.
Employee
470
Address
Metropolitan Place
Dartmouth, B3A 4S5

Erdene Resource Development Corporation Executives & BODs

Erdene Resource Development Corporation Executives & BODs
# Name Age
1 Ms. D. Suzan Frazer LL.B.
Corporate Secretary
70
2 Mr. Jon M. L. Lyons
Chief Development Officer of Erdene Mongol LLC
70
3 Ms. Bayarmaa Bagabandi
Chief Administrative Officer
70
4 Mr. Peter C. Akerley B.Sc.
President, Chief Executive Officer & Director
70
5 Mr. Michael X. Gillis B.Sc.
Vice President of Exploration
70
6 Mr. Peter Dalton
Senior Geologist
70
7 Mr. Bilguun Ankhbayar
Chief Executive Officer of Erdene Mongol LLC
70
8 Mr. Robert L. Jenkins
Vice President & Chief Financial Officer
70
9 Ms. Diane E. Webber
Director of External Relations & Communications
70
10 Mr. Michael C. Corey
Chief Geologist of Mongolia
70

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