▼ -100.00% Downside Potential
This price target is based on 0 analysts offering 12 month price targets for Erdene Resource Development in the last 3 months. The average price target is C$0.00, with a high forecast of C$0.00 and a low forecast of C$10,000,000.00. The average price target represents a -100.00% upside from the last price of C$0.37.
The current consensus among 0 polled investment analysts is to n/a stock in Erdene Resource Development. This N/A consensus rating has held steady for over two years.
Erdene Resource Development Corporation focuses in the acquisition, exploration, and development of precious and base mineral deposits in Mongolia. It explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company holds interests in three exploration licenses approximately covering an area of 4,842 hectares and three mining licenses approximately covering an area of 13,019 hectares. Its principal project is the Khundii Gold Project located in the Bayankhongor province in Mongolia. The company was formerly known as Erdene Gold Inc. and changed its name to Erdene Resource Development Corporation in May 2008. Erdene Resource Development Corporation was incorporated in 2000 and is headquartered in Dartmouth, Canada.