Free Trial

Erdene Resource Development (ERD) Competitors

Erdene Resource Development logo
C$0.61 +0.01 (+1.67%)
(As of 11/21/2024 ET)

ERD vs. MDI, POM, TECK.A, AMC, SLI, ETG, FVL, NDM, WRN, and TMQ

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), Teck Resources (TECK.A), Arizona Metals (AMC), Standard Lithium (SLI), Entrée Resources (ETG), Freegold Ventures (FVL), Northern Dynasty Minerals (NDM), Western Copper and Gold (WRN), and Trilogy Metals (TMQ). 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 superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, institutional ownership, risk, analyst recommendations, media sentiment, profitability, valuation and dividends.

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 hedge funds, large money managers and endowments believe a company is poised for long-term growth.

In the previous week, Erdene Resource Development had 1 more articles in the media than Major Drilling Group International. MarketBeat recorded 1 mentions for Erdene Resource Development and 0 mentions for Major Drilling Group International. Erdene Resource Development's average media sentiment score of 0.20 beat Major Drilling Group International's score of 0.00 indicating that Erdene Resource Development is being referred to more favorably in the media.

Company Overall Sentiment
Erdene Resource Development Neutral
Major Drilling Group International Neutral

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 65.97% of users gave Major Drilling Group International an outperform vote.

CompanyUnderperformOutperform
Erdene Resource DevelopmentOutperform Votes
88
69.29%
Underperform Votes
39
30.71%
Major Drilling Group InternationalOutperform Votes
221
65.97%
Underperform Votes
114
34.03%

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.

Major Drilling Group International has a consensus price target of C$13.00, suggesting a potential upside of 50.12%. 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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Erdene Resource Development
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Major Drilling Group International
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Erdene Resource DevelopmentN/AN/A-C$6.92M-C$0.02-30.50
Major Drilling Group InternationalC$697.85M1.02C$47.18MC$0.5715.19

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.

Company Net Margins Return on Equity Return on Assets
Erdene Resource DevelopmentN/A -13.14% -6.56%
Major Drilling Group International 6.76%9.65%6.57%

Summary

Major Drilling Group International beats Erdene Resource Development on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

ERD vs. The Competition

MetricErdene Resource DevelopmentOther Industrial Metals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$212.66MC$875.07MC$2.90BC$6.34B
Dividend Yield1.78%6.43%5.27%5.69%
P/E Ratio-30.5086.57110.2227.03
Price / SalesN/A52,531.68600,664.751,528.16
Price / Cash30.5624.5223.6183.90
Price / Book3.812.543.333.17
Net Income-C$6.92MC$56.26MC$150.76MC$298.22M
7 Day Performance5.17%1.18%1.09%1.58%
1 Month Performance-14.08%-4.41%2.02%13.70%
1 Year Performance103.33%33.85%28.11%49.47%

Erdene Resource Development Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ERD
Erdene Resource Development
N/AC$0.61
+1.7%
N/A+100.0%C$212.66MN/A-30.5060
MDI
Major Drilling Group International
N/AC$8.66
-0.5%
C$13.00
+50.1%
+17.4%C$708.73MC$697.85M15.192,500
POM
PolyMet Mining
N/AN/AN/AN/AC$556.16MN/A-10.595,184
TECK.A
Teck Resources
N/AC$66.55
+0.3%
N/A+33.2%C$507.11MC$15.57B23.7812,600Positive News
Gap Down
AMC
Arizona Metals
N/AC$3.99
+3.1%
C$4.50
+12.8%
+0.0%C$446.17MN/A-16.4933,700
SLI
Standard Lithium
N/AC$2.33
+3.6%
N/A-36.8%C$430.07MN/A2.93N/ANegative News
High Trading Volume
ETG
Entrée Resources
0.1789 of 5 stars
C$2.07
+4.5%
C$2.00
-3.4%
+57.1%C$420.98MN/A-28.864Analyst Downgrade
Gap Up
FVL
Freegold Ventures
N/AC$0.80
-5.9%
N/A+150.0%C$357.54MN/A-63.003News Coverage
Gap Up
NDM
Northern Dynasty Minerals
N/AC$0.65
flat
N/A+21.7%C$349.52MN/A-21.50N/AGap Down
WRN
Western Copper and Gold
2.3443 of 5 stars
C$1.58
+0.6%
C$3.92
+147.9%
-8.2%C$313.19MN/A-39.508Gap Up
TMQ
Trilogy Metals
0.3049 of 5 stars
C$1.83
+14.4%
C$1.08
-40.8%
+166.7%C$293.81MN/A-16.645High Trading Volume

Related Companies and Tools


This page (TSE:ERD) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners