Erdene Resource Development Corporation
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. 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 incorporate… Read more
Market Cap & Net Worth: Erdene Resource Development Corporation (ERDCF)
Erdene Resource Development Corporation (PINK:ERDCF) has a market capitalization of $32.46 Million ($32.46 Million) as of March 19, 2026. Listed on the PINK stock exchange, this USA-based company holds position #24782 globally and #8512 in its home market, demonstrating a -10.63% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Erdene Resource Development Corporation's stock price $0.50 by its total outstanding shares 64860866 (64.86 Million).
Erdene Resource Development Corporation Market Cap History: 2015 to 2025
Erdene Resource Development Corporation's market capitalization history from 2015 to 2025. Data shows growth from $5.51 Million to $32.46 Million (20.98% CAGR).
Erdene Resource Development Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Erdene Resource Development Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
No P/S ratio data available
Latest Price to Earnings (P/E) Ratio
No P/E ratio data available
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| No financial ratio data available | |||||
Competitor Companies of ERDCF by Market Capitalization
Companies near Erdene Resource Development Corporation in the global market cap rankings as of March 19, 2026.
Key companies related to Erdene Resource Development Corporation by market ranking:
- BHP Group Limited (NYSE:BHP): Ranked #83 globally with a market cap of $188.50 Billion USD.
- RIO Tinto Ltd (AU:RIO): Ranked #136 globally with a market cap of $137.49 Billion USD ( AU$222.06 Billion AUD).
- Rio Tinto Group (PINK:RTNTF): Ranked #208 globally with a market cap of $97.13 Billion USD.
- Glencore PLC (PINK:GLCNF): Ranked #728 globally with a market cap of $27.97 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #83 | BHP Group Limited | NYSE:BHP | $188.50 Billion | $70.48 |
| #136 | RIO Tinto Ltd | AU:RIO | $137.49 Billion | AU$155.18 |
| #208 | Rio Tinto Group | PINK:RTNTF | $97.13 Billion | $67.88 |
| #728 | Glencore PLC | PINK:GLCNF | $27.97 Billion | $3.02 |
Erdene Resource Development Corporation Historical Marketcap From 2015 to 2025
Between 2015 and today, Erdene Resource Development Corporation's market cap moved from $5.51 Million to $ 32.46 Million, with a yearly change of 20.98%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $32.46 Million | +17.27% |
| 2024 | $27.68 Million | +60.15% |
| 2023 | $17.29 Million | +22.08% |
| 2022 | $14.16 Million | -36.19% |
| 2021 | $22.19 Million | +7.61% |
| 2020 | $20.62 Million | +145.29% |
| 2019 | $8.41 Million | -31.79% |
| 2018 | $12.32 Million | -58.70% |
| 2017 | $29.84 Million | -9.80% |
| 2016 | $33.08 Million | +500.00% |
| 2015 | $5.51 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Erdene Resource Development Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $32.46 Million USD |
| MoneyControl | $32.46 Million USD |
| MarketWatch | $32.46 Million USD |
| marketcap.company | $32.46 Million USD |
| Reuters | $32.46 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.