ERD vs. MDI, POM, ETG, NDM, TECK.A, AMC, SLI, FVL, NOU, and WRN
Should you be buying Erdene Resource Development stock or one of its competitors? The main competitors of Erdene Resource Development include Major Drilling Group International (MDI), PolyMet Mining (POM), Entrée Resources (ETG), Northern Dynasty Minerals (NDM), Teck Resources (TECK.A), Arizona Metals (AMC), Standard Lithium (SLI), Freegold Ventures (FVL), Nouveau Monde Graphite (NOU), and Western Copper and Gold (WRN). These companies are all part of the "other industrial metals & mining" industry.
Erdene Resource Development vs.
Erdene Resource Development (TSE:ERD) and Major Drilling Group International (TSE:MDI) are both small-cap basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, community ranking, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.
Major Drilling Group International has higher revenue and earnings than Erdene Resource Development. Erdene Resource Development is trading at a lower price-to-earnings ratio than Major Drilling Group International, indicating that it is currently the more affordable of the two stocks.
Erdene Resource Development has a beta of 1.63, indicating that its stock price is 63% more volatile than the S&P 500. Comparatively, Major Drilling Group International has a beta of 1.65, indicating that its stock price is 65% more volatile than the S&P 500.
6.4% of Erdene Resource Development shares are owned by institutional investors. Comparatively, 52.2% of Major Drilling Group International shares are owned by institutional investors. 22.5% of Erdene Resource Development shares are owned by insiders. Comparatively, 0.3% of Major Drilling Group International shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
In the previous week, Erdene Resource Development's average media sentiment score of 0.00 equaled Major Drilling Group International'saverage media sentiment score.
Major Drilling Group International has a net margin of 6.76% compared to Erdene Resource Development's net margin of 0.00%. Major Drilling Group International's return on equity of 9.65% beat Erdene Resource Development's return on equity.
Major Drilling Group International has a consensus target price of C$13.50, indicating a potential upside of 52.89%. Given Major Drilling Group International's stronger consensus rating and higher probable upside, analysts clearly believe Major Drilling Group International is more favorable than Erdene Resource Development.
Major Drilling Group International received 133 more outperform votes than Erdene Resource Development when rated by MarketBeat users. However, 69.29% of users gave Erdene Resource Development an outperform vote while only 65.77% of users gave Major Drilling Group International an outperform vote.
Summary
Major Drilling Group International beats Erdene Resource Development on 13 of the 15 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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Media Sentiment Over Time
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Erdene Resource Development Competitors List
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This page (TSE:ERD) was last updated on 1/21/2025 by MarketBeat.com Staff
