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Erdene Resource Development (TSX:ERD) ROE % Adjusted to Book Value : -7.45% (As of Mar. 2024)


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What is Erdene Resource Development ROE % Adjusted to Book Value?

Erdene Resource Development's ROE % for the quarter that ended in Mar. 2024 was -18.41%. Erdene Resource Development's PB Ratio for the quarter that ended in Mar. 2024 was 2.47. Erdene Resource Development's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was -7.45%.

Erdene Resource Development ROE % Adjusted to Book Value Historical Data

The historical data trend for Erdene Resource Development's ROE % Adjusted to Book Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Erdene Resource Development ROE % Adjusted to Book Value Chart

Erdene Resource Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.37 -16.37 -4.58 -6.47 0.45

Erdene Resource Development Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.15 -7.76 -4.73 19.24 -7.45

Competitive Comparison of Erdene Resource Development's ROE % Adjusted to Book Value

For the Other Industrial Metals & Mining subindustry, Erdene Resource Development's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Erdene Resource Development's ROE % Adjusted to Book Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Erdene Resource Development's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Erdene Resource Development's ROE % Adjusted to Book Value falls into.


Erdene Resource Development ROE % Adjusted to Book Value Calculation

Erdene Resource Development's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=0.94% / 2.08
=0.45%

Erdene Resource Development's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-18.41% / 2.47
=-7.45%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Erdene Resource Development ROE % Adjusted to Book Value Related Terms

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Erdene Resource Development (TSX:ERD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Erdene Resource Development Corp (TSX:ERD) » Definitions » ROE % Adjusted to Book Value
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Traded in Other Exchanges
ERDCF:USA
Address
99 Wyse Road, Metropolitan Place, Suite 1480, Dartmouth, NS, CAN, B3A 4S5
Website
https://www.erdene.com
Erdene Resource Development Corp is a Canadian-based resource exploration company. It is primarily engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company's project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometres of China's border in Mongolia's Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.
Executives
John Philip Byrne Director
Peter Akerley Director, Senior Officer

Erdene Resource Development (TSX:ERD) Headlines

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