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Erdene Resource Development Corporation ERDCF OTC

Other OTC • Basic Materials • Industrial Materials • CA • USD

SharesGrow Score
34/100
0/4 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Erdene Resource Development Corporation (ERDCF) is a publicly traded company in the Basic Materials sector, operating within the Industrial Materials industry. The company is headquartered in Dartmouth, NS, Canada. The current CEO is Peter C. Akerley.

ERDCF has IPO date of 2010-04-26, 17 full-time employees, listed on the Other OTC, a market capitalization of $326.26M.

About Erdene Resource Development Corporation

Erdene Resource Development Corporation focuses on 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 principally holds a 100% interest in the Bayan Khundii Gold Project comprising 2,309 hectares located in the Bayankhongor province in Mongolia; and the Altan Nar Gold-Polymetallic project located in located in the Bayankhongor Aimag. It also holds interests in three mining licenses and two exploration licenses located in southwest 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.

📍 Metropolitan Place, Dartmouth, NS B3A 4S5
Company Details
SectorBasic Materials
IndustryIndustrial Materials
CountryCanada
ExchangeOther OTC
CurrencyUSD
IPO Date2010-04-26
CEOPeter C. Akerley
Employees17
Trading Info
Current Price$5.00
Market Cap$326.26M
52-Week Range2.82-7.91
Beta1.56
ETFNo
ADRNo
CUSIP29480N206
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