D
Erdene Resource Development Corporation
ERD.TO
TSX
D
Sell
3/5/2025Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 3/5/2025 due to a large decline in the total return index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 3/5/2025 due to a large decline in the total return index.
D
Sell
2/18/2025Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 2/18/2025 due to an increase in the total return index and growth index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 2/18/2025 due to an increase in the total return index and growth index.
D
Sell
12/20/2024Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 12/20/2024 due to a decline in the total return index and volatility index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 12/20/2024 due to a decline in the total return index and volatility index.
D
Sell
11/25/2024Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 11/25/2024 due to a substantial increase in the total return index and efficiency index. Net income increased 9.4% from -$1.37M to -$1.24M.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 11/25/2024 due to a substantial increase in the total return index and efficiency index. Net income increased 9.4% from -$1.37M to -$1.24M.
D
Sell
8/15/2024Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 8/15/2024 due to a substantial decline in the efficiency index, total return index and solvency index. The quick ratio declined from 10.38 to 8.42, and total capital declined 2.26% from $42.48M to $41.51M.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 8/15/2024 due to a substantial decline in the efficiency index, total return index and solvency index. The quick ratio declined from 10.38 to 8.42, and total capital declined 2.26% from $42.48M to $41.51M.
D
Sell
6/4/2024Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 6/4/2024 due to a large decline in the growth index, valuation index and solvency index. EBIT declined 532.9% from $610.1 to -$2.64M, earnings per share declined from $0.0112 to -$0.0074, and the quick ratio declined from 23.4 to 10.38.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 6/4/2024 due to a large decline in the growth index, valuation index and solvency index. EBIT declined 532.9% from $610.1 to -$2.64M, earnings per share declined from $0.0112 to -$0.0074, and the quick ratio declined from 23.4 to 10.38.
D
Sell
5/14/2024Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 5/14/2024 due to an increase in the total return index and volatility index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 5/14/2024 due to an increase in the total return index and volatility index.
D
Sell
4/11/2024Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 4/11/2024 due to a substantial increase in the efficiency index, solvency index and volatility index. The quick ratio increased from 0.62 to 23.4, net income increased 541.05% from -$894.7 to $3.95M, and debt to equity declined from 0.71 to 0.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 4/11/2024 due to a substantial increase in the efficiency index, solvency index and volatility index. The quick ratio increased from 0.62 to 23.4, net income increased 541.05% from -$894.7 to $3.95M, and debt to equity declined from 0.71 to 0.
D
Sell
2/12/2024Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D- from E+ on 2/12/2024 due to a major increase in the growth index, volatility index and total return index. Operating cash flow increased 685.7% from -$1.37M to $8.03M, earnings per share increased from -$0.0054 to -$0.0026, and EBIT increased 50.06% from -$1.93M to -$961.6.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D- from E+ on 2/12/2024 due to a major increase in the growth index, volatility index and total return index. Operating cash flow increased 685.7% from -$1.37M to $8.03M, earnings per share increased from -$0.0054 to -$0.0026, and EBIT increased 50.06% from -$1.93M to -$961.6.
E
Sell
10/17/2023Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to E+ from D- on 10/17/2023 due to a decline in the volatility index and total return index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to E+ from D- on 10/17/2023 due to a decline in the volatility index and total return index.
D
Sell
9/29/2023Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D- from E+ on 9/29/2023 due to an increase in the volatility index and valuation index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D- from E+ on 9/29/2023 due to an increase in the volatility index and valuation index.
E
Sell
9/12/2023Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to E+ from D- on 9/12/2023 due to a major decline in the growth index, solvency index and volatility index. EBIT declined 177.52% from -$693.8 to -$1.93M, earnings per share declined from -$0.0024 to -$0.0054, and debt to equity increased from 0.14 to 0.28.
Erdene Resource Development Corporation (ERD.TO) was downgraded to E+ from D- on 9/12/2023 due to a major decline in the growth index, solvency index and volatility index. EBIT declined 177.52% from -$693.8 to -$1.93M, earnings per share declined from -$0.0024 to -$0.0054, and debt to equity increased from 0.14 to 0.28.
D
Sell
3/14/2023Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 03/14/2023.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 03/14/2023.
D
Sell
3/13/2023Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 3/13/2023 due to a major increase in the growth index, valuation index and total return index. Operating cash flow increased 54.51% from -$1.34M to -$609.7, EBIT increased 48.88% from -$1.55M to -$793.7, and earnings per share increased from -$0.0048 to -$0.0025.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 3/13/2023 due to a major increase in the growth index, valuation index and total return index. Operating cash flow increased 54.51% from -$1.34M to -$609.7, EBIT increased 48.88% from -$1.55M to -$793.7, and earnings per share increased from -$0.0048 to -$0.0025.
D
Sell
2/23/2023Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 2/23/2023 due to an increase in the total return index and volatility index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 2/23/2023 due to an increase in the total return index and volatility index.
D
Sell
2/8/2023Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 2/8/2023 due to a large decline in the growth index and volatility index. Operating cash flow declined 25.53% from -$1.07M to -$1.34M, EBIT declined 17.43% from -$1.32M to -$1.55M, and earnings per share declined from -$0.0045 to -$0.0048.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 2/8/2023 due to a large decline in the growth index and volatility index. Operating cash flow declined 25.53% from -$1.07M to -$1.34M, EBIT declined 17.43% from -$1.32M to -$1.55M, and earnings per share declined from -$0.0045 to -$0.0048.
D
Sell
8/3/2022Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 8/3/2022 due to a noticeable decline in the total return index, volatility index and valuation index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 8/3/2022 due to a noticeable decline in the total return index, volatility index and valuation index.
D
Sell
7/13/2022Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 7/13/2022 due to an increase in the volatility index and valuation index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 7/13/2022 due to an increase in the volatility index and valuation index.
D
Sell
6/28/2022Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 6/28/2022 due to a decline in the volatility index, total return index and solvency index. The quick ratio declined from 9.76 to 4.61.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from D+ on 6/28/2022 due to a decline in the volatility index, total return index and solvency index. The quick ratio declined from 9.76 to 4.61.
D
Sell
5/16/2022Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 05/16/2022.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 05/16/2022.
D
Sell
5/13/2022Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 5/13/2022 due to a decline in the total return index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 5/13/2022 due to a decline in the total return index.
D
Sell
5/4/2022Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 5/4/2022 due to an increase in the valuation index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 5/4/2022 due to an increase in the valuation index.
D
Sell
5/1/2022Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 05/01/2022.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 05/01/2022.
D
Sell
4/21/2022Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 04/21/2022.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D- on 04/21/2022.
D
Sell
4/20/2022Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 04/20/2022.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D+ on 04/20/2022.
D
Sell
1/13/2022Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 1/13/2022 due to a large increase in the total return index and volatility index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 1/13/2022 due to a large increase in the total return index and volatility index.
D
Sell
11/10/2021Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 11/10/2021 due to a large increase in the growth index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 11/10/2021 due to a large increase in the growth index.
D
Sell
11/8/2021Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 11/8/2021 due to a substantial decline in the growth index, efficiency index and valuation index. Earnings per share declined from -$0.0018 to -$0.0039, net income declined 113.54% from -$487.5 to -$1.04M, and EBIT declined 110.31% from -$496.8 to -$1.04M.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 11/8/2021 due to a substantial decline in the growth index, efficiency index and valuation index. Earnings per share declined from -$0.0018 to -$0.0039, net income declined 113.54% from -$487.5 to -$1.04M, and EBIT declined 110.31% from -$496.8 to -$1.04M.
D
Sell
3/29/2019Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 3/29/2019 due to a major increase in the growth index, efficiency index and volatility index. Operating cash flow increased 3.16% from -$549.8 to -$532.4.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 3/29/2019 due to a major increase in the growth index, efficiency index and volatility index. Operating cash flow increased 3.16% from -$549.8 to -$532.4.
D
Sell
11/15/2018Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 11/15/2018 due to a decline in the volatility index and total return index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 11/15/2018 due to a decline in the volatility index and total return index.
D
Sell
8/16/2018Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 8/16/2018 due to an increase in the valuation index, efficiency index and solvency index. Total capital increased 27% from $11.37M to $14.44M.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 8/16/2018 due to an increase in the valuation index, efficiency index and solvency index. Total capital increased 27% from $11.37M to $14.44M.
D
Sell
11/16/2017Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 11/16/2017 due to a noticeable decline in the total return index, volatility index and efficiency index. Total capital declined 2.91% from $12.46M to $12.1M.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from D on 11/16/2017 due to a noticeable decline in the total return index, volatility index and efficiency index. Total capital declined 2.91% from $12.46M to $12.1M.
D
Sell
8/16/2017Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 8/16/2017 due to a noticeable increase in the solvency index, efficiency index and volatility index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D from D- on 8/16/2017 due to a noticeable increase in the solvency index, efficiency index and volatility index.
D
Sell
4/1/2016Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from C- on 4/1/2016 due to a major decline in the growth index, efficiency index and valuation index. Net income declined 2,762.02% from -$300.4 to -$8.6M, EBIT declined 2,729.8% from -$304 to -$8.6M, and earnings per share declined from -$0.0031 to -$0.0871.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D- from C- on 4/1/2016 due to a major decline in the growth index, efficiency index and valuation index. Net income declined 2,762.02% from -$300.4 to -$8.6M, EBIT declined 2,729.8% from -$304 to -$8.6M, and earnings per share declined from -$0.0031 to -$0.0871.
C
Hold
3/28/2016Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 3/28/2016 due to an increase in the total return index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 3/28/2016 due to an increase in the total return index.
D
Sell
3/11/2016Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 3/11/2016 due to a significant decline in the volatility index and valuation index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 3/11/2016 due to a significant decline in the volatility index and valuation index.
C
Hold
3/4/2016Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to C- from C on 3/4/2016 due to a decline in the total return index and valuation index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to C- from C on 3/4/2016 due to a decline in the total return index and valuation index.
C
Hold
2/18/2016Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C from C- on 2/18/2016 due to a significant increase in the volatility index and total return index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C from C- on 2/18/2016 due to a significant increase in the volatility index and total return index.
C
Hold
12/18/2015Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 12/18/2015 due to an increase in the total return index, solvency index and growth index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 12/18/2015 due to an increase in the total return index, solvency index and growth index.
D
Sell
8/17/2015Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 8/17/2015 due to a decline in the volatility index, growth index and valuation index. Operating cash flow declined 1,266.85% from $53.7 to -$626.6.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 8/17/2015 due to a decline in the volatility index, growth index and valuation index. Operating cash flow declined 1,266.85% from $53.7 to -$626.6.
C
Hold
8/3/2015Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 8/3/2015 due to an increase in the volatility index and total return index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 8/3/2015 due to an increase in the volatility index and total return index.
D
Sell
7/17/2015Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 7/17/2015 due to a noticeable decline in the volatility index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 7/17/2015 due to a noticeable decline in the volatility index.
C
Hold
7/2/2015Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 7/2/2015 due to a noticeable increase in the volatility index and total return index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 7/2/2015 due to a noticeable increase in the volatility index and total return index.
D
Sell
6/5/2015Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 6/5/2015 due to a decline in the volatility index and total return index.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D+ from C- on 6/5/2015 due to a decline in the volatility index and total return index.
C
Hold
5/18/2015Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 5/18/2015 due to a noticeable increase in the volatility index, total return index and growth index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 5/18/2015 due to a noticeable increase in the volatility index, total return index and growth index.
D
Sell
4/10/2015Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 4/10/2015 due to a large increase in the growth index, efficiency index and valuation index. Operating cash flow increased 64.46% from -$352.8 to -$580.2, EBIT increased 31.97% from -$492 to -$649.3, and net income increased 31.17% from -$491.5 to -$644.7.
Erdene Resource Development Corporation (ERD.TO) was upgraded to D+ from D on 4/10/2015 due to a large increase in the growth index, efficiency index and valuation index. Operating cash flow increased 64.46% from -$352.8 to -$580.2, EBIT increased 31.97% from -$492 to -$649.3, and net income increased 31.17% from -$491.5 to -$644.7.
D
Sell
4/11/2014Downgrade
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from C- on 4/11/2014 due to a large decline in the growth index, efficiency index and valuation index. Operating cash flow declined 4.86% from -$458.4 to -$436.1, and total capital declined 0.52% from $10.81M to $10.76M.
Erdene Resource Development Corporation (ERD.TO) was downgraded to D from C- on 4/11/2014 due to a large decline in the growth index, efficiency index and valuation index. Operating cash flow declined 4.86% from -$458.4 to -$436.1, and total capital declined 0.52% from $10.81M to $10.76M.
C
Hold
4/4/2014Upgraded
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 4/4/2014 due to a noticeable increase in the total return index, volatility index and solvency index.
Erdene Resource Development Corporation (ERD.TO) was upgraded to C- from D+ on 4/4/2014 due to a noticeable increase in the total return index, volatility index and solvency index.
