Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. purchased 100,000 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average price of C$0.67 per share, for a total transaction of C$67,000.00.
2176423 Ontario Ltd. also recently made the following trade(s):
- On Tuesday, February 25th, 2176423 Ontario Ltd. acquired 100,000 shares of Erdene Resource Development stock. The stock was bought at an average cost of C$0.66 per share, for a total transaction of C$66,480.00.
- On Wednesday, February 19th, 2176423 Ontario Ltd. bought 150,000 shares of Erdene Resource Development stock. The stock was purchased at an average price of C$0.70 per share, for a total transaction of C$104,745.00.
- On Friday, February 14th, 2176423 Ontario Ltd. acquired 178,000 shares of Erdene Resource Development stock. The stock was purchased at an average cost of C$0.75 per share, with a total value of C$133,215.20.
- On Wednesday, February 12th, 2176423 Ontario Ltd. bought 218,500 shares of Erdene Resource Development stock. The shares were acquired at an average price of C$0.67 per share, with a total value of C$146,089.10.
- On Monday, February 10th, 2176423 Ontario Ltd. bought 400,000 shares of Erdene Resource Development stock. The shares were acquired at an average cost of C$0.65 per share, for a total transaction of C$259,640.00.
Erdene Resource Development Price Performance
Shares of TSE ERD remained flat at C$0.68 during mid-day trading on Monday. The stock had a trading volume of 117,005 shares, compared to its average volume of 215,638. Erdene Resource Development Co. has a one year low of C$0.37 and a one year high of C$0.79. The firm has a market capitalization of C$243.04 million, a P/E ratio of -270.04 and a beta of 1.63. The business's 50-day simple moving average is C$0.62 and its 200-day simple moving average is C$0.59.
About Erdene Resource Development
(
Get Free Report)
Erdene Resource Development Corporation focuses on the exploration and development of precious and base metal deposits in Mongolia. The company explores for copper, molybdenum, gold, silver, lead, and zinc deposits. The company was formerly known as Erdene Gold Inc and changed its name to Erdene Resource Development Corporation in May 2008.
Further Reading

Before you consider Erdene Resource Development, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Erdene Resource Development wasn't on the list.
While Erdene Resource Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.