ERD.TO - Erdene Resource Development Corporation

Toronto - Toronto Delayed Price. Currency in CAD
0.1650
+0.0050 (+3.13%)
At close: 2:20PM EDT
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Previous Close0.1600
Open0.1600
Bid0.1600 x 0
Ask0.1700 x 0
Day's Range0.1600 - 0.1750
52 Week Range0.1300 - 0.3200
Volume201,250
Avg. Volume171,590
Market Cap31.526M
Beta (5Y Monthly)1.09
PE Ratio (TTM)N/A
EPS (TTM)-0.0150
Earnings DateMar. 16, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est2.00
  • GlobeNewswire

    ERDENE ANNOUNCES 2019 FINANCIAL RESULTS AND PROVIDES KHUNDII GOLD PROJECT UPDATE

    Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") announces operating and financial results for the year ended December 31, 2019, and provides an update on its Khundii Gold Project, including potential impacts of the novel coronavirus (COVID-19). This release should be read in conjunction with the Company’s 2019 Financial Statements and MD&A, available on the Company’s website or SEDAR. “Erdene’s exploration and pre-development successes over the past year have positioned the Company to advance rapidly through the initial stages of the Bankable Feasibility Study (“BFS”) for the high-grade, near-surface, Khundii Gold Project," said Peter Akerley, Erdene’s President and CEO.

  • GlobeNewswire

    Erdene Secures Mining License for Altan Nar Project, Khundii Gold District

    Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that the Mineral Resource and Petroleum Authority of Mongolia (“MRPAM”) issued mining license MV-021547 for the Altan Nar project. The Altan Nar mining license is the second mining license recently granted to the Company following the issuance of the Bayan Khundii mining license in August 2019. “Securing the Altan Nar mining license is another major accomplishment in the evolution of the Khundii Gold District,” said Peter Akerley, Erdene’s President and CEO.

  • GlobeNewswire

    Erdene Intersects 23 Metres of 17 g/t Gold at Altan Nar and Expands New Khar Mori Gold Prospect on Khundii License

    HALIFAX, Nova Scotia, Feb. 04, 2020 -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to report results from the Q4-2019.

  • GlobeNewswire

    Erdene Commences Bayan Khundii Gold Project Bankable Feasibility Study and Provides Technical, Permitting and Exploration Update

    Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") announces commencement of an independent Bankable Feasibility Study (“BFS”) and Front-End Engineering and Design (“FEED”) work for the Khundii Gold Project (“Project”), to be delivered by a consortium of International and Mongolian consultants. Furthermore, the Company is pleased to provide an update on recent technical, permitting and exploration initiatives. “With an initial open-pit reserve of over 400,000 ounces grading 3.7 g/t gold and further resources and prospects in the vicinity, Erdene is positioned to emerge as a profitable new producer,” said Peter Akerley, Erdene’s President and CEO.

  • GlobeNewswire

    Erdene Files Pre-Feasibility Study for the Bayan Khundii Gold Project and Completes the European Bank for Reconstruction and Development Financing

    Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the filing on SEDAR of the independent Technical Report (the “Report”) for its 100%-owned, high-grade, open-pit, Khundii Gold Project in southwest Mongolia, including a Pre-Feasibility Study (“PFS”) for its Bayan Khundii Gold Deposit (“Bayan Khundii” or “BK”) and an updated Preliminary Economic Assessment (“PEA”) for its Altan Nar Deposit (“Altan Nar” or “AN”), located 16 km from Bayan Khundii.

  • GlobeNewswire

    Erdene Provides Third Quarter Financial and Khundii Gold Project Update

    Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three and nine months ended September 30, 2019, and to provide an update on its recently announced financing led by the European Bank for Reconstruction and Development (“EBRD”). This release should be read in conjunction with the Company’s Q3-2019 Financial Statements, MD&A and Annual Information Form, available on the Company’s website or SEDAR. “We continue to meet significant milestones with a strategic financing led by the EBRD, delivery of our Pre-Feasibility Study, and continued exploration success,” said Peter Akerley, Erdene’s President and CEO.

  • Baystreet

    Stocks in play: Erdene Resource Development Corporation

    Provided results from the second phase of the 2019 gold exploration program, and to announce the commencement ...

  • GlobeNewswire

    Erdene Provides Khundii Gold District Exploration & Technical Program Update

    Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to provide results from the second phase of the 2019 gold exploration program, and to announce the commencement of the Q4 2019 drill program at its 100%-owned Khundii Gold Project. “Our exploration results, including the successful step-out drilling at the Bayan Khundii (“BK”) deposit and the new Khar Mori (Dark Horse) discovery on the Khundii Mining Licence continue to demonstrate the potential of the Khundii Gold District,” said Peter Akerley, Erdene’s President and CEO. “First identified in 2015 by Erdene, the pace of discoveries is a testament to the virgin nature of this fertile district.

  • GlobeNewswire

    Erdene Appoints Hedley Widdup to Its Board of Directors

    Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to announce the appointment of Hedley Widdup to the Company’s Board of Directors. Mr. Widdup is an Executive Director of Lion Manager Pty and will serve as a non-executive, independent member of the Erdene board. “We are delighted to welcome Hedley to our Board.

  • GlobeNewswire

    Erdene Announces Positive Pre-Feasibility Study Results for the Bayan Khundii Gold Project

    HALIFAX, Nova Scotia, Oct. 21, 2019 -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the results of an independent.

  • Baystreet

    Stocks in play: Erdene Resource Development Corp

    Announced an $8-million financing package, led by the European Bank for Reconstruction and Development. ...

  • GlobeNewswire

    Erdene Announces C$8 Million Financing Package Led by the European Bank for Reconstruction and Development 

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce a C$8 million financing package, led by the European Bank for Reconstruction and Development (the “EBRD”). Erdene has entered into a definitive Loan Agreement (“Loan Agreement”) for a US$5 million (C$6.6 million) Convertible Loan (“Loan”) with the EBRD.  Additionally, Erdene intends to complete a coincident non-brokered private placement of units of the Company for maximum proceeds of C$1.6 million.

  • What Type Of Shareholder Owns Erdene Resource Development Corporation's (TSE:ERD)?
    Simply Wall St.

    What Type Of Shareholder Owns Erdene Resource Development Corporation's (TSE:ERD)?

    The big shareholder groups in Erdene Resource Development Corporation (TSE:ERD) have power over the company...

  • GlobeNewswire

    Erdene Commences Drilling Program at the Khundii Gold Project

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the commencement of the second phase of the 2019 drill program at the 100%-owned Khundii Gold Project. “The current drill program will follow up on our Q2 2019 program, which discovered high-grade gold in a previously untested area of the Bayan Khundii deposit and intersected 112 metres grading 5.9 g/t gold at Midfield, confirming the continuity of high-grade mineralization from near surface in the heart of the Bayan Khundii deposit,” said Peter Akerley, Erdene’s President and CEO.

  • GlobeNewswire

    Erdene Provides Second Quarter Financial and Khundii Gold Project Update - High-Grade Gold Results From Q2 Drill Program Incorporated Into PFS

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three and six months ended June 30th, 2019, and to provide an update on the Khundii Gold Project. This release should be read in conjunction with the Company’s Q2-2019 Financial Statements, MD&A and Annual Information Form, available on the Company’s website or on SEDAR. “The second quarter of 2019 was another successful period for Erdene as we continued to focus on our two strategic priorities – advancing the Khundii Gold Project towards production and expanding high-grade gold resources in the Khundii Gold District,” said Peter Akerley, Erdene’s President and CEO.

  • GlobeNewswire

    Erdene Secures Mining Licence for the High-Grade Bayan Khundii Gold Project

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that the Mineral Resource and Petroleum Authority of Mongolia (“MRPAM”) issued Mining License MV-021444 for Erdene’s Bayan Khundii resource on August 5, 2019. “Receipt of the Bayan Khundii Mining License is a major milestone in the development of the high-grade, open-pit Khundii Gold Project,” said Peter Akerley, Erdene’s President and CEO.

  • Baystreet

    Stocks in play: Erdene Resource Development Corp.

    Has closed its previously announced non-brokered private placement raising gross proceeds of $2,001,500. ...

  • GlobeNewswire

    Erdene Closes $2 Million Private Placement

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement raising gross proceeds of $2,001,500 (the “Offering”). Pursuant to the Offering, Erdene has sold 10,007,500 units of the Company (the “Units”) at a price of $0.20 per Unit. Each Unit consists of one common share and one-half (½) of one common share purchase warrant (the “Warrant”).

  • GlobeNewswire

    Erdene Announces Results of Annual and Special Meeting of Shareholders

    HALIFAX, Nova Scotia, June 21, 2019 -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or “Company”) is pleased to announce its shareholders voted in favour of.

  • GlobeNewswire

    Erdene Announces Annual Meeting Webcast

    MSE:ERDN) ("Erdene" or the "Company") is pleased to invite shareholders and investors to meet its senior management and board of directors at its annual and special meeting (“Meeting”) to be held at Purdy's Wharf Tower II, 1969 Upper Water Street, Suite 1300, Halifax, Nova Scotia, on June 20, 2019 at 5:00 p.m. (Atlantic Time). Shareholders and investors that are unable to attend in person may participate via webcast, accessible from Erdene’s website www.erdene.com.

  • GlobeNewswire

    Erdene Announces Private Placement to Complete Khundii Gold Project Pre-Feasibility Study and Launch Step-Out Drill Program

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that it intends to issue, by way of a non-brokered private placement, up to 10,000,000 units of the Company (the “Units”) at a price of $0.20 per Unit (the “Private Placement”), for gross proceeds of up to $2,000,000. Each Unit will consist of one common share and one-half (½) of one common share purchase warrant (each whole warrant, a “Warrant”). Warrants are exercisable by the holder into one common share of the Company within two years of the closing date, at a price of $0.30.

  • GlobeNewswire

    Erdene Intersects 112 Metres of 5.9 g/t Gold at the Khundii Gold Project and Discovers High-Grade Gold in Previously Untested Area

    HALIFAX, Nova Scotia, May 13, 2019 -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the results of the Q2 2019 drill.

  • GlobeNewswire

    Erdene Provides Project and First Quarter Financial Update

    HALIFAX, Nova Scotia, May 08, 2019 -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce financial and operating results.

  • GlobeNewswire

    Erdene Appoints New CFO

    HALIFAX, Nova Scotia, May 02, 2019 -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the appointment of Robert Jenkins.

  • GlobeNewswire

    Erdene Completes Repurchase of Sandstorm Gold’s Khundii Gold Project Royalty

    MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the closing of the repurchase of a 1% net smelter return (“NSR”) royalty from Sandstorm Gold Limited (“Sandstorm”) on its Khundii Gold Project in southwest Mongolia on April 12, 2019 for C$1.2 million. “Completing this repurchase is accretive for shareholders as the present value of royalty payments implied by the Preliminary Economic Assessment are well in excess of the purchase price,” said Peter Akerley, Erdene’s President and CEO.