Erdene Resource Development Corporation

(ERD:CA)

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Profile

Erdene Resource Development Corporation is a Canadian based resource company focused on the acquisition, exploration, and development of precious and base metal deposits in underexplored and highly prospective Mongolia. The Company has interests in four exploration licenses as well as two mining licenses in Southwest Mongolia, where exploration success has led to the discovery of the Khundii Gold District. Erdene’s deposits are located in the Edren Terrane, within the Central Asian Orogenic Belt, host to some of the world’s largest gold and copper-gold deposits. Erdene is focused on two strategic priorities – advancing the Khundii Gold Project to production and expanding precious and base metal resources in the Khundii Gold District through exploration and acquisition.

Contact Information

Website: www.erdene.com
Email: info@erdene.com
Main Phone: +1 902 423-6419
Address: 99 Wyse Road, Metropolitan Place
Address 2: Suite 1480
State: NS
City / Town: Dartmouth
Country: CAN
Postal Code: B3A 4S5

Issuer Information

Exchange: TSX
CEO: Peter C. Akerley
Employees: 9
NAICS: All Other Metal Ore Mining(212299)

Equities News

Profile

Erdene Resource Development Corporation is a Canadian based resource company focused on the acquisition, exploration, and development of precious and base metal deposits in underexplored and highly prospective Mongolia. The Company has interests in four exploration licenses as well as two mining licenses in Southwest Mongolia, where exploration success has led to the discovery of the Khundii Gold District. Erdene’s deposits are located in the Edren Terrane, within the Central Asian Orogenic Belt, host to some of the world’s largest gold and copper-gold deposits. Erdene is focused on two strategic priorities – advancing the Khundii Gold Project to production and expanding precious and base metal resources in the Khundii Gold District through exploration and acquisition.

Contact Information

Website: www.erdene.com
Email: info@erdene.com
Main Phone: +1 902 423-6419
Address: 99 Wyse Road, Metropolitan Place
Address 2: Suite 1480
State: NS
City / Town: Dartmouth
Country: CAN
Postal Code: B3A 4S5

Issuer Information

Exchange: TSX
CEO: Peter C. Akerley
Employees: 9
NAICS: All Other Metal Ore Mining(212299)

Equities News

$ 0.17 $ 0.005 (3.03%)
Last Price 0.17 Change $ 0.005 Change % 3.03 Tick N/A
Bid 0.17 Bid Size 3,000.00 Ask 0.18 Ask Size 30,000.00
Open 0.17 High 0.17 Low 0.17 Prev Close 0.17
Last Trade Volume 38,500 52 Wk Hi 0.28 52 Wk Low 0.16
Market Cap 32.2 mi Ex-Div Date N/A Div Rate N/A Yield N/A
Shares 190,768,551.00 EPS (TTM) -0.02 PE Ratio N/A Exchange TSX
  Current 1 Week Ago 2 Weeks Ago 3 Weeks Ago
High Target Price Estimate 3.2 3.2 3.2 3.2
Low Target Price Estimate 3.2 3.2 3.2 3.2
Mean Target Price Estimate 3.2 3.2 3.2 3.2
Standard Deviation 0 0 0 0
Date of Most Recent Estimate 05/02/12 05/02/12 05/02/12 05/02/12
  Current 1 Month Ago 2 Months Ago 3 Months Ago
Strong Buy 0 0 0 0
Moderate Buy 0 0 0 1
Hold 0 0 0 0
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 0 0 0 1.5