Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. purchased 218,500 shares of Erdene Resource Development stock in a transaction that occurred on Wednesday, February 12th. The shares were bought at an average price of C$0.67 per share, with a total value of C$146,089.10.
2176423 Ontario Ltd. also recently made the following trade(s):
- On Monday, February 10th, 2176423 Ontario Ltd. purchased 400,000 shares of Erdene Resource Development stock. The shares were bought at an average price of C$0.65 per share, with a total value of C$259,640.00.
Erdene Resource Development Stock Performance
ERD stock remained flat at C$0.74 during trading on Friday. The company had a trading volume of 342,373 shares, compared to its average volume of 196,864. The stock's 50-day moving average is C$0.59 and its 200-day moving average is C$0.57. The firm has a market capitalization of C$264.48 million, a P/E ratio of -293.87 and a beta of 1.63. Erdene Resource Development Co. has a 52 week low of C$0.32 and a 52 week high of C$0.79.
Erdene Resource Development Company Profile
(
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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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