Company Data

Erdene Resource Development Corporation

Ticker
ERD:CA
Current Price
$0.69 1.47%
Market Cap
$243.3M
Price Target
Refer to Report
Volume
37.0K
52wk Range
$0.335 - $0.79
Advanced Market Data

Overview

Erdene Resource Development Corporation is a Canadian based resource company focused on the acquisition, exploration, and development of precious and base metal deposits in underexplored and highly prospective Mongolia. The Company has interests in four exploration licenses as well as two mining licenses in Southwest Mongolia, where exploration success has led to the discovery of the Khundii Gold District. Erdeneâ??s deposits are located in the Edren Terrane, within the Central Asian Orogenic Belt, host to some of the worldâ??s largest gold and copper-gold deposits. Erdene is focused on two strategic priorities â?? advancing the Khundii Gold Project to production and expanding precious and base metal resources in the Khundii Gold District through exploration and acquisition.

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