Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Junior: Late Stage Developer
Rating & Risk: Login to view
Erdene Resource Development Corp.
www: www.erdene.com     email: info@erdene.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
TSE:ERD CAD
OTCMKTS:ERDCF USD

Description

Erdene Resource Development Corp. are a gold focused junior, late stage development company with one mine in development in Canada and exploration properties. They have approximately 1Moz. of gold in the reserves and resources category of which 0.75Moz. are in the measured and indicated category. They have a market capitalisation of ~C$26.23M which is a fall of roughly 15% over the last three months. As of 02/09/2019 they have no debt and ~C$1.26M cash. They have 162M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 02/09/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $30.78M $26.23M 02/09/2019 $-4.54M
Total Assets: $10.53M $10.39M 02/09/2019 $-0.14M
Total Liabilities: $0.35M $0.35M 02/09/2019 $0.00M
Current Assets: $1.50M $1.48M 02/09/2019 $-0.02M
Current Liabilities: $0.35M $0.35M 02/09/2019 $0.00M
Total Debt: $0.00M $0.00M 02/09/2019 $0.00M
Cash: $1.28M $1.26M 02/09/2019 $-0.02M
Enterprise Value: $29.50M $24.97M 10/16/1970 $-4.53M
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: 02/09/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 02/09/2019 0.00%
Misc 02/09/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 162,000,000 162,000,000 02/09/2019 0
Shares (FD): 186,000,000 186,000,000 02/09/2019 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 02/09/2019 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
02/09/2019 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
02/09/2019 0
Initial CapEx (Outstanding): n/a n/a 02/09/2019 n/a
Funding Option: n/a n/a 02/09/2019 n/a
Documentation: none none 02/09/2019 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 02/09/2019
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 02/09/2019 0.00M
Measured & Indicated: 0.75M 0.75M 02/09/2019 0.00M
Inferred: 0.25M 0.25M 02/09/2019 0.00M
Reserves & Resources: 1.00M 1.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 02/09/2019 0.00M
Measured & Indicated: 0.48M 0.48M 02/09/2019 0.00M
Inferred: 0.10M 0.10M 02/09/2019 0.00M
Reserves & Resources: 0.58M 0.58M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 02/09/2019 $0.00
Extra Operating Cost: n/a n/a 02/09/2019 $0.00
Average Grade: 2.00 g/t 2.00 g/t 02/09/2019 n/a
Recovery Rate: (CG)  80.00% (CG)  80.00% 02/09/2019 0.00%
F
U
T
U
R
E
Proven & Probable: 1.00M 1.00M 02/09/2019 0.00M
Annual Production: 50,000oz. 50,000oz. 02/09/2019 0oz.
Cash Cost: $600 $600 02/09/2019 $0
Extra Operating Cost: $400 $400 02/09/2019 $0
SILVER 02/09/2019
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 02/09/2019 0.00M
Measured & Indicated: n/a n/a 02/09/2019 0.00M
Inferred: n/a n/a 02/09/2019 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 02/09/2019 0.00M
Measured & Indicated: n/a n/a 02/09/2019 0.00M
Inferred: n/a n/a 02/09/2019 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 02/09/2019 $0.00
Extra Operating Cost: n/a n/a 02/09/2019 $0.00
Average Grade: n/a n/a 02/09/2019 n/a
Recovery Rate: n/a n/a 02/09/2019 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 02/09/2019 0.00M
Annual Production: n/a n/a 02/09/2019 n/a
Cash Cost: n/a n/a 02/09/2019 n/a
Extra Operating Cost: n/a n/a 02/09/2019 n/a

Property

Last Analysis Data  (02/09/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Canada Donkin 25% n/a n/a n/a
Exploration Mongolia, Mongolia Khundii 100% 750 Open Pit show
1 million oz at 2 gpt

PEA 2018
50,000 oz annual production
$900 all-in costs
$32 million capex
Exploration Mongolia Khuvyn Khar 100% n/a n/a n/a
Exploration Mongolia Mongolia Regional 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
Exploration Mongolia, Mongolia Khundii 100% 750 Open Pit show
1 million oz at 2 gpt

PEA 2018
50,000 oz annual production
$900 all-in costs
$32 million capex
Exploration Mongolia Khuvyn Khar 100% n/a n/a n/a
Exploration Mongolia Mongolia Regional 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
02/09/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD Mkt. Cap / Gold Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Silver Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
02/09/2019
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.): 0.75M 0.75M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 4.31M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.48M 0.48M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 2.76M
Maximum Profit (Gold): $105.57M $93.07M n/a $-12.50M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $105.57M $93.07M n/a $-12.50M
Max Profit / Current MCap: 3.430 3.548 n/a 0.118
Max Profit Per Share (Gold): $0.57 $0.50 n/a $-0.07
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.57 $0.50 n/a $-0.07
Total Free Profit Per Share: $0.35 $0.31 n/a $-0.04
FD Mkt. Cap / Gold Eq.: $64.12 $54.65 n/a $-9.47
FD Mkt. Cap / Silver Eq.: $0.77 $0.61 n/a $-0.16
FD Mkt. Cap / Per Metal
as % Spot Price:
4.88% 4.28% n/a -0.60%

Reserves &
Resources
02/09/2019
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.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 5.74M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.58M 0.58M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 3.33M
Maximum Profit (Gold): $127.57M $112.46M n/a $-15.10M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $127.57M $112.46M n/a $-15.10M
Max Profit / Current MCap: 4.145 4.287 n/a 0.142
Max Profit Per Share (Gold): $0.69 $0.60 n/a $-0.08
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.69 $0.60 n/a $-0.08
Total Free Profit Per Share: $0.47 $0.41 n/a $-0.05
FD Mkt. Cap / Gold Eq.: $53.06 $45.23 n/a $-7.83
FD Mkt. Cap / Silver Eq.: $0.64 $0.51 n/a $-0.13
FD Mkt. Cap / Per Metal
as % Spot Price:
4.04% 3.54% n/a -0.50%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.