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Erdene Resource Development Corporation

ERD.TOTSX
Basic Materials
Industrial Materials
CA$0.95
CA$-0.02(-2.06%)

Erdene Resource Development Corporation (ERD.TO) Stock Overview

Explore Erdene Resource Development Corporation’s financial performance, market position, analyst ratings, and future outlook.

Meyka AI Score

B+

Score: 71.0/100

Key Financials

Market Cap347.5M
P/E Ratio-34.03
EPS (TTM)$-0.02
ROE-0.17%
Fundamental Analysis

AI Price Forecasts

1 Week$1.08
1 Month$0.99
3 Months$1.00
1 Year Target$0.93

ERD.TO Stock Analysis & Investment Overview

Our comprehensive AI-powered analysis of Erdene Resource Development Corporation (ERD.TO) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 55.51, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $0.93.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -34.03 and a market capitalization of 347.5M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.

Frequently Asked Questions

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