ERD:TSX, Erdene Resource Development Corporation

Why ERD stock rose on November 9

Erdene Resource Development Corporation rose 10.1% on Monday, November 9, 2026, on 80,900 shares, 2.1 times its average daily volume. The headline around the move:

ERD stock overview

Erdene Resource Development Corporation (ERD:TSX) closed at $5.70 on November 13, 2026, down 1.89% on the day. The stock trades 44.1% below its 52-week high of $10.20 and 25.6% above its 52-week low of $4.54. Over the past year, it lost 23.0%. Erdene Resource Development Corporation is part of the Mining sector.

Key figures

Price
$5.70
Day change
-1.89%
Volume
24,756
Average volume
37,807
Market cap
373M+
52-week range
$4.54 – $10.20
50-day average
$5.98
200-day average
$6.32

Price action over the past year

In 252 trading sessions since November 13, 2025, ERD closed higher on 115 days (46%). Its best day was December 22, 2025 (+16.58%) and its worst was June 5, 2026 (-9.93%). The stock moved 10% or more in a single session 3 times. It opened at least 5% above the previous day's high 2 times.

ERD news

About Erdene Resource Development Corporation

Erdene Resource Development Corp is engaged in the exploration and development of mineral deposits. The Company is engaged in the discovery of base and precious metal deposits in Mongolia.

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Based on end-of-day data. For information only, not investment advice.