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Erdene Resource Development Co. (TSE:ERD) Insider Acquires C$172,500.00 in Stock

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Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. purchased 250,000 shares of the firm's stock in a transaction dated Thursday, March 6th. The shares were bought at an average cost of C$0.69 per share, with a total value of C$172,500.00.

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

  • On Tuesday, March 4th, 2176423 Ontario Ltd. bought 139,000 shares of Erdene Resource Development stock. The stock was bought at an average cost of C$0.68 per share, with a total value of C$94,033.50.
  • On Thursday, February 27th, 2176423 Ontario Ltd. purchased 100,000 shares of Erdene Resource Development stock. The shares were bought at an average cost of C$0.67 per share, for a total transaction of C$67,000.00.
  • On Tuesday, February 25th, 2176423 Ontario Ltd. acquired 100,000 shares of Erdene Resource Development stock. The shares were purchased at an average price 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, with a total value of C$104,745.00.
  • 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, for a total transaction 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. purchased 400,000 shares of Erdene Resource Development stock. The stock was acquired at an average price of C$0.65 per share, for a total transaction of C$259,640.00.

Erdene Resource Development Price Performance

Shares of TSE:ERD traded down C$0.01 during trading on Tuesday, reaching C$0.72. 117,401 shares of the company's stock traded hands, compared to its average volume of 219,375. The stock has a market capitalization of C$257.33 million, a P/E ratio of -285.93 and a beta of 1.63. Erdene Resource Development Co. has a 12 month low of C$0.37 and a 12 month high of C$0.79. The company has a 50 day moving average of C$0.64 and a 200-day moving average of C$0.60.

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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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Insider Buying and Selling by Quarter for Erdene Resource Development (TSE:ERD)

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