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Erda Resource OpportunitiesTSXV:ERDA -3.85%28 Debt-to-Equity is 0.03 as of Apr. 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates TSXV:ERDA with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 1,223 Metals & Mining companies, Erda Resource Opportunities ranks better than 77.02% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Erda Resource Opportunities's Debt-to-Equity or its related term are showing as below:
TSXV:ERDA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.03
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Erda Resource Opportunities was 0.03. The lowest was 0.01. And the median was 0.02.
TSXV:ERDA's Debt-to-Equity is ranked better than 77.02% of 1223
companies
in the Metals & Mining industry
Industry Median: 0.14
vs TSXV:ERDA: 0.03
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Erda Resource Opportunities Debt-to-Equity Related Terms
Erda Resource Opportunities Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Erda Resource Opportunities Debt-to-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Erda Resource Opportunities's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Erda Resource Opportunities Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Erda Resource Opportunities's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Erda Resource Opportunities's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Erda Resource Opportunities (TSXV:ERDA) has a Debt-to-Equity of 0.03 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Erda Resource Opportunities and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, Erda Resource Opportunities' Debt-to-Equity has ranged from 0.01 to 0.03. According to the industry distribution chart, Erda Resource Opportunities ranks #281 out of 1223 companies in the Metals & Mining industry, placing it in the top 23%.
Is Erda Resource Opportunities' Debt-to-Equity too high?
Erda Resource Opportunities' current Debt-to-Equity of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.03. The Metals & Mining industry median Debt-to-Equity is 0.14. Erda Resource Opportunities' value of 0.03 is 78.6% below this industry median. Based on the distribution chart, Erda Resource Opportunities ranks #281 out of 1223 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Erda Resource Opportunities has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Erda Resource Opportunities' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Erda Resource Opportunities ranks #281 out of 1223 companies for Debt-to-Equity. This places Erda Resource Opportunities in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.14. Erda Resource Opportunities' value of 0.03 is 78.6% below this benchmark. Historically, Erda Resource Opportunities' own Debt-to-Equity has ranged from 0.01 to 0.03 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.14, Erda Resource Opportunities has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,223 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Erda Resource Opportunities's current Debt-to-Equity of 0.03 is 78.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Erda Resource Opportunities and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erda Resource Opportunities's current Debt-to-Equity is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erda Resource Opportunities stock overvalued right now?
Erda Resource Opportunities (TSXV:ERDA) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is 50% above median its 10-year median of 0.02 and 78.6% below the Metals & Mining industry median of 0.14. Erda Resource Opportunities' overall GF Score™ is 28/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Erda Resource Opportunities (TSXV:ERDA), the current Debt-to-Equity is 0.03 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fancamp Exploration Ltd is a mineral exploration corporation dedicated to its value-added approach of advancing mineral properties through exploration and development. The company owns numerous mineral resource properties in Quebec, Ontario and New Brunswick, including gold, rare earth metals, strategic and base metals, zinc, chromium, titanium and others.
28GF Score
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