Company Erdene Resource Development Corporation

ERD

CA29480N2068

Specialty Mining & Metals

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sector Other Specialty Mining & Metals

Delayed Toronto S.E. Other stock markets 11:40:52 2024-04-19 am EDT			5-day change	1st Jan Change
0.39 ^CAD	0.00%		+1.30%	+9.86%

Apr. 01	Erdene Resource Development Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 18	Sandstorm Gold Royalties Provides Royalty Portfolio Update; Includes Projects From Ivanhoe, SSR, Teck, Lundin Mining	MT

Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. Its principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other projects include Altan Nar Gold Project, Dark Horse, Ulaan, Zuun Mod, and Khuvyn Khar. The Bayan Khundii Gold Project is located in Bayankhongor province in Mongolia and is comprised of the 2,309 hectares (ha) Khundii mining license. The Altan Nar Gold Project is located in Bayankhongor province in Mongolia, approximately 16 kilometers (km) north of its Bayan Khundii Gold Project. Dark Horse (Khar Mori) gold prospect is situated on the Bayan Khundii license, about three km north of the Bayan Khundii project. The Ulaan exploration license covers an area of approximately 1,780 ha, immediately west of the Khundii mining license. The Zuun Mod property is located in Bayankhongor province.

Number of employees: 72

Managers	Title	Age	Since
Peter Akerley FOU	Founder	-	00-06-26
Darryn Broderick DFI	Director of Finance/CFO	-	17-11-30
Robert Jenkins DFI	Director of Finance/CFO	-	18-07-31
Bayarmaa Bagabandi ADM	Chief Administrative Officer	-	05-02-28
Jon M. L. Lyons PRN	Corporate Officer/Principal	-	17-04-30
Michael X. Gillis PRN	Corporate Officer/Principal	-	03-12-31
Diane Frazer SEC	Corporate Secretary	68	03-03-13

Members of the board	Title	Age	Since
David Mosher BRD	Director/Board Member	77	16-06-13
Peter Akerley FOU	Founder	-	00-06-26
John Byrne BRD	Director/Board Member	-	04-08-24
Kenneth MacDonald BRD	Director/Board Member	67	19-06-19
Cameron McRae BRD	Director/Board Member	-	18-03-13
Hedley Widdup BRD	Director/Board Member	-	19-09-29
Thomas Croft CHM	Chairman	54	15-07-01
Anna Biolik BRD	Director/Board Member	-	16-06-13

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	344,918,176	268,697,983 ( 77.90 %)	0	77.90 %

Name	Equities	%	Valuation
Eric Sprott 17.78 %	61,225,488	17.78 %	18 M $
John Byrne 2.141 %	7,373,290	2.141 %	2 M $
Konwave AG 1.591 %	5,479,500	1.591 %	2 M $
Peter Akerley 0.8731 %	3,006,849	0.8731 %	887 020 $
Kenneth MacDonald 0.6106 %	2,102,781	0.6106 %	620 320 $
Thomas Croft 0.3567 %	1,228,478	0.3567 %	362 401 $
Robert Jenkins 0.2810 %	967,611	0.2810 %	285 445 $
David Mosher 0.2474 %	852,067	0.2474 %	251 360 $
Cameron McRae 0.2163 %	744,778	0.2163 %	219 710 $
Mavrix Fund Management, Inc. 0.0727 %	250,500	0.0727 %	73 898 $

Erdene Resource Development Corp.

Metropolitan Place 99 Wyse Road

B3A 4S5, Dartmouth

http://www.erdene.com

address Erdene Resource Development Corporation(ERD)

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.39 CAD

Average target price

1 CAD

Spread / Average Target

+156.41%

Consensus

Basic Materials

Mineral Resources

Metals & Mining

Specialty Mining & Metals

Other Specialty Mining & Metals

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Other Specialty Mining & Metals