Erdene Resource Development (ERD-T)
TSE:ERD
0.76
Financials
Technical Analysis
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Erdene Resource Development Corp. (ERD-T) has received positive attention primarily due to its relationship with Teck Resources Ltd. (TECK.B), a significant shareholder in the company. This association is viewed favorably by experts, indicating potential confidence in Erdene's business model and growth prospects. The company focuses on the exploration and development of copper and gold resources within Mongolia, a region known for its mineral richness. As Erdene continues to leverage its partnerships and expertise in mining, its efforts to tap into Mongolia's vast resources could yield promising results. Investors are advised to keep an eye on its activities and the evolving landscape of the mining industry in Mongolia.
Attracted to it, but doesn't own or recommend. He rates it a 5, which is neutral. Gold and copper in Mongolia. Data doesn't justify labeling findings as "massive" discoveries.
This now has a project in Mongolia which has epithermal veins, which he loves. When you do find them and they carry great grades, it can grow really fast. This has a 50 g/meter width quite prominent with something like 16% which gets him excited. Still very early stage.
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Erdene Resource Development(ERD-T) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Erdene Resource Development(ERD-T) Frequently Asked Questions
What is Erdene Resource Development stock symbol?
Erdene Resource Development is a Canadian stock, trading under the symbol ERD-T on the Toronto Stock Exchange (ERD-CT). It is usually referred to as TSX:ERD or ERD-T
Is Erdene Resource Development a buy or a sell?
In the last year, there was no coverage of Erdene Resource Development published on Stockchase.
Is Erdene Resource Development a good investment or a top pick?
Erdene Resource Development was recommended as a Top Pick by on . Read the latest stock experts ratings for Erdene Resource Development.
Why is Erdene Resource Development stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Erdene Resource Development worth watching?
0 stock analysts on Stockchase covered Erdene Resource Development In the last year. It is a trending stock that is worth watching.
What is Erdene Resource Development stock price?
On 2025-03-31, Erdene Resource Development (ERD-T) stock closed at a price of $0.76.
The fact that TECK.B is a shareholder speaks well for it, and he should pay attention to that. Explores and develops copper and gold in Mongolia.