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OTCM
ERDCF
Market cap1.50bUSD
Oct 08, Last price  
4.07USD
1D
-0.27%
1Q
11.07%
Jan 2017
32.84%
IPO
577.50%
Name

Erdene Resource Development Corp

Chart & performance

D1W1MN
OTCM:ERDCF chart
P/E
—
P/S
—
EPS
—
Div yield, %
—
Shrs. gr., 5y
-22.39%
Rev. gr., 5y
%
Revenues
0
250,176267,30400526,593882,82800000000000000
Net income
-8m
L-0.78%
-4,565,028-6,651,063-3,592,391-2,177,057-3,567,559-11,861,320-7,047,487-2,760,423-2,616,553-12,607,625-2,499,739-4,027,465-3,656,990-2,849,226-14,778,318-5,579,858-17,990,134522,043-8,245,886-8,181,842
CFO
-4m
L+34.68%
-3,533,935-2,482,655-2,435,813-3,651,787-3,455,815-5,129,485-5,103,987-2,381,451-2,217,933-1,576,425-3,052,731-2,578,572-2,435,033-1,582,770-2,156,959-5,244,530-5,137,363-2,046,535-3,295,719-4,438,567

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Profile

Erdene Resource Development Corporation (ERDCF) is a mining firm primarily focused on identifying, acquiring, and advancing precious and base metal resources across Mongolia. The company's exploration activities specifically target deposits rich in copper, molybdenum, gold, silver, lead, and zinc. ERDCF's primary assets include its 100% ownership of the 2,309-hectare Bayan Khundii Gold Project, situated in Mongolia's Bayankhongor province. Another key holding is the Altan Nar Gold-Polymetallic project, also located within the Bayankhongor Aimag. Beyond these, the firm maintains positions in five additional licenses (three for mining and two for exploration) situated across southwestern Mongolia. Prior to May 2008, the company was known as Erdene Gold Inc., subsequently rebranding to its current name. Founded in 2000, the company's corporate headquarters are based in Dartmouth, Canada.

Key people

President, Chief Executive Officer, Director · since 2003
Robert Jenkins
Chief Financial Officer · since 2019
Kenneth W. MacDonald
Chief Financial Officer, Vice President - Business Strategy · since 2013
D. Suzan Frazer
Secretary · since 2016
Chairman of the Board · since 2019
Director · since 2019
Independent Director · since 2003
Independent Director · since 2004
Philip L. Webster
Independent Director · since 2006
Byambasaikhan Bayanjargal
Non-Executive Independent Director · since 2018
Non-Executive Independent Director · since 2018
IPO date
Mar 16, 2004
Employees
56
Domiciled in
CA
Incorporated in
CA
Headquarters & legal address
99 Wyse Road, Suite 1480
Dartmouth, NS B3A 4S5
CA

Valuation

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