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Symbol Data
Symbol
Currency
OTCMKTS:ERDCF
USD
TSE:ERD
CAD
Description
Erdene Resource Development Corp are a gold focused junior near-term producer with two mines in development in Canada and Mongolia and five exploration properties. They have approximately 1.2Moz. of gold in the reserves and resources category of which 0.85Moz. are in the measured and indicated category. They have a market capitalisation of ~C$88.29M which is a fall of roughly 29% over the last six months. As of 02/08/2022 they have ~C$47M debt and ~C$47.36M cash. They have 294M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Mkt. Cap (FD):
$125.00M
$88.29M
02/08/2022
$-36.71M
Total Assets:
$13.38M
$13.20M
02/08/2022
$-0.18M
Total Liabilities:
$51.15M
$50.47M
02/08/2022
$-0.69M
Current Assets:
$48.01M
$47.36M
02/08/2022
$-0.64M
Current Liabilities:
$0.37M
$0.36M
02/08/2022
$0.00M
Total Debt:
$47.22M
$46.59M
02/08/2022
$-0.63M
Cash:
$48.01M
$47.36M
02/08/2022
$-0.64M
Enterprise Value:
$124.22M
$87.51M
10/09/1972
$-36.70M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
02/08/2022
n/a
Tax Rate:
(guess) 30.00%
(default) 30.00%
02/08/2022
0.00%
Misc
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
294,000,000
294,000,000
02/08/2022
0
Shares (FD):
361,000,000
361,000,000
02/08/2022
0
Insider Ownership:
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
02/01/2023
02/08/2022
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
02/08/2022
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
02/08/2022
0
Initial CapEx (Outstanding):
$59.00M47.2% of Mkt.Cap
$59.00M66.82% of Mkt.Cap
02/08/2022
$0.00M
Funding Option:
n/a
(guess) Debt Financing
02/08/2022
n/a
Documentation:
none
FS
02/08/2022
n/a
Value Adjustment:
10%
10%
never
0%
Resource Data
GOLD
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
0.40M
0.40M
02/08/2022
0.00M
Measured & Indicated:
0.85M
0.85M
02/08/2022
0.00M
Inferred:
0.35M
0.35M
02/08/2022
0.00M
Reserves & Resources:
1.20M
1.20M
never
0.00M
P L A U S I B L E
Proven & Probable:
0.36M
0.36M
02/08/2022
0.00M
Measured & Indicated:
0.68M
0.68M
02/08/2022
0.00M
Inferred:
0.16M
0.16M
02/08/2022
0.00M
Reserves & Resources:
0.84M
0.84M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
02/08/2022
$0.00
Extra Operating Cost:
n/a
n/a
02/08/2022
$0.00
Average Grade:
2.50 g/t
2.50 g/t
02/08/2022
n/a
Recovery Rate:
(CG) 90.00%
(CG) 90.00%
02/08/2022
0.00%
F U T U R E
Proven & Probable:
1.50M
1.50M
02/08/2022
0.00M
Annual Production:
75,000oz.
75,000oz.
02/08/2022
0oz.
Cash Cost:
$650
$650
02/08/2022
$0
Extra Operating Cost:
$450
$450
02/08/2022
$0
SILVER
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
02/08/2022
0.00M
Measured & Indicated:
n/a
n/a
02/08/2022
0.00M
Inferred:
n/a
n/a
02/08/2022
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
02/08/2022
0.00M
Measured & Indicated:
n/a
n/a
02/08/2022
0.00M
Inferred:
n/a
n/a
02/08/2022
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
02/08/2022
$0.00
Extra Operating Cost:
n/a
n/a
02/08/2022
$0.00
Average Grade:
n/a
n/a
02/08/2022
n/a
Recovery Rate:
n/a
n/a
02/08/2022
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
02/08/2022
0.00M
Annual Production:
n/a
n/a
02/08/2022
n/a
Cash Cost:
n/a
n/a
02/08/2022
n/a
Extra Operating Cost:
n/a
n/a
02/08/2022
n/a
Property
Last Analysis Data (02/08/2022)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Canada
Donkin
25%
n/a
n/a
n/a
Development
Mongolia , Mongolia
Altan Nar
100%
n/a
Open Pit
show
500,000 oz at 2 gpt
PEA in 2019
2nd mine.
Exploration
Mongolia , Mongolia
Bayan Khundii
100%
750
Open Pit
show
500,000 oz at 3 gpt
PFS in 2019
50,000 oz annual production
$1000 all-in costs
$40 million capex
Exploration
Mongolia
Khuvyn Khar
100%
n/a
n/a
n/a
Exploration
Mongolia
Zuun Mod
100%
n/a
n/a
show
Large copper and moly deposit. Close to a feasibility study decision.
Exploration
Georgia , USA
Granite Hill
100%
n/a
n/a
n/a
Exploration
Georgia , USA
Sparta
62%
n/a
n/a
n/a
Total Land Package Size (ha):
750
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Canada
Donkin
25%
n/a
n/a
n/a
Development
Mongolia , Mongolia
Altan Nar
100%
n/a
Open Pit
show
500,000 oz at 2 gpt
PEA in 2019
2nd mine.
Exploration
Mongolia , Mongolia
Bayan Khundii
100%
750
Open Pit
show
500,000 oz at 3 gpt
PFS in 2019
50,000 oz annual production
$1000 all-in costs
$40 million capex
Exploration
Mongolia
Khuvyn Khar
100%
n/a
n/a
n/a
Exploration
Mongolia
Zuun Mod
100%
n/a
n/a
show
Large copper and moly deposit. Close to a feasibility study decision.
Exploration
Georgia , USA
Granite Hill
100%
n/a
n/a
n/a
Exploration
Georgia , USA
Sparta
62%
n/a
n/a
n/a
Total Land Package Size (ha):
750
Profitability (by resource)
Proven & Probable
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
0.40M
0.40M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
2.26M
P L A U S I B L E
Gold Eq. Oz.:
0.36M
0.36M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
2.04M
Maximum Profit (Gold):
$194.12M
$204.57M
n/a
$10.45M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$194.12M
$204.57M
n/a
$10.45M
Max Profit / Current MCap:
1.553
2.317
n/a
0.764
Max Profit Per Share (Gold):
$0.54
$0.57
n/a
$0.03
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.54
$0.57
n/a
$0.03
Total Free Profit Per Share:
$0.10
$0.25
n/a
$0.15
FD Mkt. Cap / Gold Eq.:
$347.23
$245.25
n/a
$-101.98
FD Mkt. Cap / Silver Eq.:
$4.36
$2.88
n/a
$-1.49
FD Mkt. Cap / Per Metal as % Spot Price:
19.29%
13.34%
n/a
-5.94%
Measured & Indicated
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
0.85M
0.85M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
4.81M
P L A U S I B L E
Gold Eq. Oz.:
0.68M
0.68M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
3.87M
Maximum Profit (Gold):
$368.83M
$388.69M
n/a
$19.86M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$368.83M
$388.69M
n/a
$19.86M
Max Profit / Current MCap:
2.951
4.402
n/a
1.452
Max Profit Per Share (Gold):
$1.02
$1.08
n/a
$0.06
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.02
$1.08
n/a
$0.06
Total Free Profit Per Share:
$0.58
$0.76
n/a
$0.18
FD Mkt. Cap / Gold Eq.:
$182.75
$129.08
n/a
$-53.67
FD Mkt. Cap / Silver Eq.:
$2.30
$1.51
n/a
$-0.78
FD Mkt. Cap / Per Metal as % Spot Price:
10.15%
7.02%
n/a
-3.13%
Reserves & Resources
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
1.20M
1.20M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
6.79M
P L A U S I B L E
Gold Eq. Oz.:
0.84M
0.84M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
4.76M
Maximum Profit (Gold):
$453.76M
$478.19M
n/a
$24.43M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$453.76M
$478.19M
n/a
$24.43M
Max Profit / Current MCap:
3.630
5.416
n/a
1.786
Max Profit Per Share (Gold):
$1.26
$1.32
n/a
$0.07
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$1.26
$1.32
n/a
$0.07
Total Free Profit Per Share:
$0.82
$1.01
n/a
$0.19
FD Mkt. Cap / Gold Eq.:
$148.55
$104.92
n/a
$-43.63
FD Mkt. Cap / Silver Eq.:
$1.87
$1.23
n/a
$-0.64
FD Mkt. Cap / Per Metal as % Spot Price:
8.25%
5.71%
n/a
-2.54%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
02/08/2022 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7870
CAD 0.7764
08/10/2022
Spot Gold:
$1,800.30
$1,838.00
08/10/2022
$37.70
Spot Silver:
$22.62
$21.56
08/10/2022
$-1.06
Gold:Silver Ratio:
79.59
85.25
08/10/2022
5.66
Spot Gold (Future):
$2,500.00
$2,500.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
25.00
25.00
0.00
Gold Cash Cost:
$750.00
$750.00
$0.00
Gold Extra Operating Cost:
$350.00
$350.00
$0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Cash Cost:
$10.00
$10.00
$0.00
Silver Extra Operating Cost:
$6.00
$6.00
$0.00
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
Tax Rate:
30.00%
30.00%
0.00%
Tax Rate (Future):
40.00%
40.00%
0.00%
Future Valuation Multiplier:
15.00%
15.00%
0.00%
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