Erdene Resource Development stock sits 28.85 percent above its 52-week low
Published on 10/15/2026 at 22:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and price position
- On October 15, 2026, Erdene Resource Development stood 28.85 percent above its 52-week low.
- Erdene's P/E ratio was 25.77 on October 15, 2026.
- Erdene Resource Development stock costs EUR 3.65 at Lang & Schwarz on October 15, 2026 at 10:30 p.m. CEST, plus 4.28 percent on the TSX versus the prior close of October 14, 2026.
- Market capitalization stood at CAD 383.2 million on October 15, 2026.
Erdene Resource Development stock stood 28.85 percent above its 52-week low on October 15, 2026, placing the Canadian mining developer well below its 52-week high. Its P/E ratio was 25.77 and market capitalization was CAD 383.2 million on the same date. At Lang & Schwarz, the stock was trading at EUR 3.65 on October 15, 2026 at 10:30 p.m. CEST, plus 4.28 percent on the TSX versus the prior close of October 14, 2026.
Range leaves room below the high
On the TSX, Erdene last traded at CAD 5.85 on October 15, 2026 at 4:00 p.m. ET, with the session closed. The stock had a 52-week range of CAD 4.54 to CAD 10.63. The current level was 28.85 percent above the low and 44.97 percent below the high.
Trading volume reached 11,116 shares on October 15, 2026, compared with an average volume of 42,535 shares. The day therefore combined a positive daily move with activity below the recent average.
CAD 383.2 million market value
Erdene's market capitalization stood at CAD 383.2 million on October 15, 2026, while its P/E ratio was 25.77. The company carried no dividend yield in the quoted data, leaving earnings valuation and project execution as the more relevant market measures.
The comparison with larger Canadian mining companies highlights the difference in scale. Ero Copper traded at CAD 49.25 with a P/E ratio of 11.75 and a market capitalization of CAD 5.1 billion on October 15, 2026. OceanaGold traded at CAD 37.84 with a P/E ratio of 7.52 and a market capitalization of CAD 8.4 billion on the same date.
Comparison with peers
Erdene Resource Development (TSX, CAD): plus 4.28 percent, P/E 25.77, market capitalization CAD 383.2 million.
Ero Copper (TSX, CAD): plus 0.39 percent, P/E 11.75, market capitalization CAD 5.1 billion.
OceanaGold (TSX, CAD): plus 4.33 percent, P/E 7.52, market capitalization CAD 8.4 billion.
Euro quote after the close
The euro quotation places the stock at EUR 3.65 at Lang & Schwarz on October 15, 2026 at 10:30 p.m. CEST. The TSX comparison shows a daily gain of 4.28 percent against the prior close of October 14, 2026, while the Canadian quotation remains below the 52-week high of CAD 10.63.
The further course of trading is shown by the continuously updated real-time quote of Erdene Resource Development stock.
Key stock data
- Company: Erdene Resource Development Corporation
- ISIN: CA29480N4049
- Ticker: ERD
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 15, 2026, 10:30 p.m. CEST): EUR 3.65
- Change on TSX versus prior close of October 14, 2026: plus 4.28 percent
- Market capitalization: CAD 383.2 million (as of October 15, 2026)
- 52-week range: CAD 4.54-10.63 (as of October 15, 2026)
- Sector / Industry: Basic Materials / Industrial Materials
Market context: Market report S&P/TSX Composite.
