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Erdene Resource Development Co. (TSE:ERD) Insider Purchases C$259,640.00 in Stock

Erdene Resource Development logo with Basic Materials background

Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. purchased 400,000 shares of the business's stock in a transaction dated Monday, February 10th. The shares were purchased at an average price of C$0.65 per share, with a total value of C$259,640.00.

2176423 Ontario Ltd. also recently made the following trade(s):

  • On Wednesday, February 12th, 2176423 Ontario Ltd. purchased 218,500 shares of Erdene Resource Development stock. The shares were purchased at an average price of C$0.67 per share, with a total value of C$146,089.10.

Erdene Resource Development Trading Down 1.4 %

Shares of ERD stock traded down C$0.01 on Friday, hitting C$0.73. 557,915 shares of the stock were exchanged, compared to its average volume of 202,481. The firm has a market capitalization of C$260.91 million, a PE ratio of -289.90 and a beta of 1.63. Erdene Resource Development Co. has a one year low of C$0.32 and a one year high of C$0.79. The firm's 50 day moving average is C$0.59 and its two-hundred day moving average is C$0.57.

Erdene Resource Development Company Profile

(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.

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