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Symbol Data
Symbol
Currency
TSE:ERD
CAD
OTCMKTS:ERDCF
USD
Description
Erdene Resource Development Corp are a gold focused junior near-term producer with one mine in development in Mongolia and three exploration properties. They have approximately 0.4Moz. of gold in the reserves and resources category of which 0.3Moz. are in the measured and indicated category. They have a market capitalisation of ~C$120.71M which is a rise of roughly 38% over the last one months. As of 02/10/2024 they have no debt and ~C$3.69M cash. They have 345M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
02/10/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$87.47M
$120.71M
02/10/2024
$33.24M
Total Assets:
$12.63M
$12.54M
02/10/2024
$-0.09M
Total Liabilities:
$3.72M
$3.69M
02/10/2024
$-0.03M
Current Assets:
$3.72M
$3.69M
02/10/2024
$-0.03M
Current Liabilities:
$0.35M
$0.35M
02/10/2024
$0.00M
Total Debt:
$0.00M
$0.00M
02/10/2024
$0.00M
Cash:
$3.72M
$3.69M
02/10/2024
$-0.03M
Enterprise Value:
$83.75M
$117.02M
09/16/1973
$33.27M
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:
02/10/2024
n/a
Misc
02/10/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
344,888,176
344,888,176
02/10/2024
0
Shares (FD):
399,000,000
399,000,000
02/10/2024
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
02/10/2024
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
02/10/2024
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
02/10/2024
0
Initial CapEx (Outstanding):
$59.00M67.45% of MCap
$59.00M48.88% of MCap
02/10/2024
$0.00M
Funding Option:
n/a
(guess) Debt Financing
02/10/2024
n/a
Documentation:
none
none
02/10/2024
n/a
Future MCap Modifier:
0.2Developer: Near-term Producer
0.2Developer: Near-term Producer
02/10/2024
0
Cash Flow Multiplier:
7
7
02/10/2024
0.00
Resource Data
GOLD
02/10/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
0.25M
0.25M
02/10/2024
0.00M
Measured & Indicated:
0.30M
0.30M
02/10/2024
0.00M
Inferred:
0.10M
0.10M
02/10/2024
0.00M
Reserves & Resources:
0.40M
0.40M
never
0.00M
P L A U S I B L E
Proven & Probable:
0.20M
0.20M
02/10/2024
0.00M
Measured & Indicated:
0.23M
0.23M
02/10/2024
0.00M
Inferred:
0.04M
0.04M
02/10/2024
0.00M
Reserves & Resources:
0.27M
0.27M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
02/10/2024
$0.00
Extra Operating Cost:
n/a
n/a
02/10/2024
$0.00
Average Grade:
2.00 g/t
2.00 g/t
02/10/2024
n/a
Recovery Rate:
(CG) 80.00%
(CG) 80.00%
02/10/2024
0.00%
F U T U R E
Proven & Probable:
0.50M
0.50M
02/10/2024
0.00M
Annual Production:
40,000oz.
40,000oz.
02/10/2024
0oz.
Cash Cost:
$1,000
$1,000
02/10/2024
$0
Extra Operating Cost:
$500
$500
02/10/2024
$0
SILVER
02/10/2024 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
02/10/2024
0.00M
Measured & Indicated:
n/a
n/a
02/10/2024
0.00M
Inferred:
n/a
n/a
02/10/2024
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
02/10/2024
0.00M
Measured & Indicated:
n/a
n/a
02/10/2024
0.00M
Inferred:
n/a
n/a
02/10/2024
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
02/10/2024
$0.00
Extra Operating Cost:
n/a
n/a
02/10/2024
$0.00
Average Grade:
n/a
n/a
02/10/2024
n/a
Recovery Rate:
n/a
n/a
02/10/2024
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
02/10/2024
0.00M
Annual Production:
n/a
n/a
02/10/2024
n/a
Cash Cost:
n/a
n/a
02/10/2024
n/a
Extra Operating Cost:
n/a
n/a
02/10/2024
n/a
Property
Last Analysis Data (02/10/2024)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Mongolia , Mongolia
Altan Nar
50%
n/a
Open Pit
show
500,000 oz at 2 gpt
PEA in 2019
2nd mine.
Exploration
Mongolia , Mongolia
Khundii (Bayan and Dark Horse)
50%
750
Open Pit
show
500,000 oz at 3 gpt
PFS in 2019
50,000 oz annual production
$1000 all-in costs
$40 million
production in 2024
Exploration
Mongolia
Ulaan
50%
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.
Total Land Package Size (ha):
750
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Mongolia , Mongolia
Altan Nar
50%
n/a
Open Pit
show
500,000 oz at 2 gpt
PEA in 2019
2nd mine.
Exploration
Mongolia , Mongolia
Khundii (Bayan and Dark Horse)
50%
750
Open Pit
show
500,000 oz at 3 gpt
PFS in 2019
50,000 oz annual production
$1000 all-in costs
$40 million
production in 2024
Exploration
Mongolia
Ulaan
50%
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.
Total Land Package Size (ha):
750
Profitability (by resource)
Proven & Probable
02/10/2024 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.):
0.25M
0.25M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-0.73M
P L A U S I B L E
Gold Eq. Oz.:
0.20M
0.20M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-0.58M
Maximum Profit (Gold):
$104.76M
$131.18M
n/a
$26.42M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$104.76M
$131.18M
n/a
$26.42M
Max Profit / Current MCap:
1.198
1.087
n/a
-0.111
Max Profit Per Share (Gold):
$0.26
$0.33
n/a
$0.07
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.26
$0.33
n/a
$0.07
Total Free Profit Per Share:
$0.00
$0.00
n/a
$0.00
FD MCap / Gold Eq.:
$437.35
$603.54
n/a
$166.20
FD MCap / Silver Eq.:
$4.87
$6.95
n/a
$2.08
FD MCap / Per Metal as % Spot Price:
21.61%
28.00%
n/a
6.38%
Measured & Indicated
02/10/2024 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.):
0.30M
0.30M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-0.88M
P L A U S I B L E
Gold Eq. Oz.:
0.23M
0.23M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-0.68M
Maximum Profit (Gold):
$121.52M
$152.17M
n/a
$30.65M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$121.52M
$152.17M
n/a
$30.65M
Max Profit / Current MCap:
1.389
1.261
n/a
-0.129
Max Profit Per Share (Gold):
$0.30
$0.38
n/a
$0.08
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.30
$0.38
n/a
$0.08
Total Free Profit Per Share:
$0.01
$0.00
n/a
$-0.01
FD MCap / Gold Eq.:
$377.03
$520.30
n/a
$143.27
FD MCap / Silver Eq.:
$4.20
$5.99
n/a
$1.79
FD MCap / Per Metal as % Spot Price:
18.63%
24.13%
n/a
5.50%
Reserves & Resources
02/10/2024 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
-1.17M
P L A U S I B L E
Gold Eq. Oz.:
0.27M
0.27M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
-0.79M
Maximum Profit (Gold):
$142.47M
$178.40M
n/a
$35.93M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$142.47M
$178.40M
n/a
$35.93M
Max Profit / Current MCap:
1.629
1.478
n/a
-0.151
Max Profit Per Share (Gold):
$0.36
$0.45
n/a
$0.09
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$0.36
$0.45
n/a
$0.09
Total Free Profit Per Share:
$0.06
$0.04
n/a
$-0.02
FD MCap / Gold Eq.:
$321.58
$443.78
n/a
$122.20
FD MCap / Silver Eq.:
$3.58
$5.11
n/a
$1.53
FD MCap / Per Metal as % Spot Price:
15.89%
20.58%
n/a
4.69%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
02/10/2024 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7431
CAD 0.7379
03/19/2024
Spot Gold:
$2,023.80
$2,155.90
03/19/2024
$132.10
Spot Silver:
$22.55
$24.83
03/19/2024
$2.28
Gold:Silver Ratio:
89.75
86.83
03/19/2024
-2.92
Spot Gold (Future):
$3,000.00
$3,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
30.00
30.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
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%
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