Erdene Resource Development

Erdene Resource Development Rule of 40

Rule of 40 of Erdene Resource Development (ERD.TO) as of Oct 18, 2026.

Rule of 40

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Rule of 40 of Erdene Resource Development is 2026 - . Rule of 40 of Erdene Resource Development was 2025 - . It decreases by % lower compared to the previous year.

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Erdene Resource Development Stock analysis

What does Erdene Resource Development do? Erdene Resource Development Corp., based in Dartmouth, Nova Scotia, operates in the Materials sector, focusing on precious and base metal exploration and development. The company holds exploration licenses covering 10,730 hectares and a mining license for 6,040 hectares, including projects like Altan Nar, Bayan Khundii, Khuvyn Khar, Zuun Mod, and Altan Arrow. Zuun Mod is located in Bayankhongor Province, Mongolia, and the company collaborates with Teck Resources Limited on copper-gold exploration in southwest Mongolia. Erdene Resource Development is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Erdene Resource Development stock

On Eulerpool you can find the complete historical development of Rule of 40 Erdene Resource Development since 2006 – with annual values, charts, and detailed analysis.

The Rule of 40 states that a company's revenue growth rate plus profit margin should exceed 40%. It is widely used to evaluate SaaS and high-growth companies.

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Quality — Erdene Resource Development

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