ERDENE RESOURCE DEVELOPMENT (ERD.CA) Forecast, Price Target & Analyst Ratings

TSX:ERD • CA29480N4049

Current stock price

7.14 CAD
+0.34 (+5%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ERDENE RESOURCE DEVELOPMENT (ERD.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$14.79
+ 107.14% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 11, 2026
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$14.79
Upside
+ 107.14%
From current price of CA$7.14 to mean target of CA$14.79, Based on 5 analyst forecasts
Low
CA$14.65
Median
CA$14.79
High
CA$15.23

Price Target Revisions

1 Month
0.00%
3 Months
1,350.00%

Price Target Summary

5 Wall Street analysts provided a forecast for the next 12 months for ERD.CA. The average price target is 14.79 CAD. This implies a price increase of 107.14% is expected in the next year compared to the current price of 7.14.
The average price target has been revised upward by 1350% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ERD Current Analyst RatingERD Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

ERD Historical Analyst RatingsERD Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 1 2 3 4

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
ERD.CA was analyzed by 5 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about ERD.CA.
In the previous month the buy percentage consensus was at a similar level.
Only 5 analysts analyzed ERD.CA. So this is just the average opinion of a couple of analysts.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 11, 2026

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Revenue
YoY % growth
ERD.CA revenue by date.ERD.CA revenue by date.
EBITDA
YoY % growth
ERD.CA ebitda by date.ERD.CA ebitda by date.
-2.23M-3.61M
-61.88%		-4.06M
-12.47%		-3.7M
8.87%		-2.68M
27.57%		-3.19M
-19.03%		-5.64M
-76.80%		-5.88M
-4.26%		-3.948M
32.86%		-5.371M
-36.05%		-6.42M
-19.54%
EBIT
YoY % growth
ERD.CA ebit by date.ERD.CA ebit by date.
-2.25M-3.62M
-60.89%		-4.08M
-12.71%		-3.72M
8.82%		-2.71M
27.15%		-3.24M
-19.56%		-5.72M
-76.54%		-6.02M
-5.24%		-3.985M
33.81%		-5.401M
-35.53%		-6.446M
-19.36%
Operating Margin
ERD.CA operating margin by date.ERD.CA operating margin by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EPS
YoY % growth
ERD.CA eps by date.ERD.CA eps by date.
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ERDENE RESOURCE DEVELOPMENT / ERD.CA Forecast FAQ

What do analysts expect the price target to be for ERDENE RESOURCE DEVELOPMENT (ERD.CA)?

5 analysts have analysed ERD.CA and the average price target is 14.79 CAD. This implies a price increase of 107.14% is expected in the next year compared to the current price of 7.14.

Can you provide the upcoming earnings date for ERDENE RESOURCE DEVELOPMENT?

ERDENE RESOURCE DEVELOPMENT (ERD.CA) will report earnings on 2026-05-11.

How many analysts have analysed ERDENE RESOURCE DEVELOPMENT (ERD.CA)?

The number of analysts covering ERDENE RESOURCE DEVELOPMENT (ERD.CA) is 5.