Subscribe Now - Click Here: 1 Year for only $149 or 3 months for $99
Erdene Resource Development Corp. are a junior, project generator looking for gold with one mine in development in Canada and exploration properties. They have a market capitalisation of ~C$103.04M which is a rise of roughly 9% over the last five months. As of 03/31/2017 they have no debt and ~C$10.77M cash. They have 145M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
Login to access Don's Summary
Profitability (by resource)
Future Valuation (Cash Flow & Totals)
Login to view
Advancing two surface gold projects in Mongolia. Significant potential, but pricey.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Year Stock Price High ($)
Current Stock Price Versus 1 Year High (%)
Stock Price USA 5-Year High ($) (including date)
3.20 - 1/21/2011
Stock Price USA 5-Year Low ($) (including date)
8 Cents - 12/11/2014
Local Issues (wag)
Potential infrastructure issues.
100% of Altan Nar
Country of Incorporation
2 properties in Mongolia
Shareholder Friendly (wag)
Likely to get diluted.
Ore Grade (wag)
Altan Nar is (1 to 2 gpt) surface mine.
2/22/2017: Decreased rating from 3 to 2 because their market cap exploded in 2016.
You must be logged in to create/edit your own personal