The average one-year price target for Erdene Resource Development (TSX:ERD) has been revised to $14.79 / share. This is an increase of 1,350.00% from the prior estimate of $1.02 dated March 17, 2025.
The price target is an average of many targets provided by analysts. The latest targets range from a low of $14.64 to a high of $15.22 / share. The average price target represents an increase of 86.27% from the latest reported closing price of $7.94 / share.
What is the Fund Sentiment?
There are 2 funds or institutions reporting positions in Erdene Resource Development. This is an decrease of 1 owner(s) or 33.33% in the last quarter. Average portfolio weight of all funds dedicated to ERD is 0.97%, an increase of 1.20%. Total shares owned by institutions decreased in the last three months by 32.00% to 12,395K shares.
What are Other Shareholders Doing?
AVALX - Aegis Value Fund Class I holds 12,000K shares representing 19.38% ownership of the company. No change in the last quarter.
UNWPX - World Precious Minerals Fund holds 395K shares representing 0.64% ownership of the company. In its prior filing, the firm reported owning 400K shares , representing a decrease of 1.27%. The firm increased its portfolio allocation in ERD by 12.06% over the last quarter.
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