Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. purchased 150,000 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The shares were purchased at an average cost of C$0.70 per share, with a total value of C$104,745.00.
2176423 Ontario Ltd. also recently made the following trade(s):
- On Friday, February 14th, 2176423 Ontario Ltd. purchased 178,000 shares of Erdene Resource Development stock. The shares were 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. purchased 218,500 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.67 per share, with a total value of C$146,089.10.
- On Monday, February 10th, 2176423 Ontario Ltd. purchased 400,000 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.65 per share, with a total value of C$259,640.00.
Erdene Resource Development Stock Performance
TSE:ERD traded up C$0.02 during mid-day trading on Friday, hitting C$0.70. 143,500 shares of the stock were exchanged, compared to its average volume of 223,514. The stock has a market capitalization of C$250.19 million, a price-to-earnings ratio of -277.99 and a beta of 1.63. The firm's 50-day simple moving average is C$0.60 and its 200 day simple moving average is C$0.58. Erdene Resource Development Co. has a fifty-two week low of C$0.34 and a fifty-two week high of C$0.79.
About Erdene Resource Development
(
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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.
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