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Insider Buying: Erdene Resource Development Co. (TSE:ERD) Insider Acquires 139,000 Shares of Stock

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Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. bought 139,000 shares of Erdene Resource Development stock in a transaction dated Tuesday, March 4th. The shares were purchased at an average cost of C$0.68 per share, for a total transaction of C$94,033.50.

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

  • On Thursday, February 27th, 2176423 Ontario Ltd. bought 100,000 shares of Erdene Resource Development stock. The shares were purchased 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. bought 100,000 shares of Erdene Resource Development stock. The shares were purchased 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 shares were purchased at an average cost of C$0.70 per share, for a total transaction of C$104,745.00.
  • On Friday, February 14th, 2176423 Ontario Ltd. bought 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. purchased 218,500 shares of Erdene Resource Development stock. The stock was bought at an average cost of C$0.67 per share, for a total transaction of C$146,089.10.
  • On Monday, February 10th, 2176423 Ontario Ltd. purchased 400,000 shares of Erdene Resource Development stock. The stock was bought at an average cost of C$0.65 per share, for a total transaction of C$259,640.00.

Erdene Resource Development Price Performance

ERD traded down C$0.01 during trading on Friday, hitting C$0.72. The company had a trading volume of 245,223 shares, compared to its average volume of 218,935. The company has a market cap of C$257.33 million, a PE ratio of -285.93 and a beta of 1.63. The business has a 50-day moving average of C$0.63 and a 200-day moving average of C$0.60. Erdene Resource Development Co. has a 1-year low of C$0.37 and a 1-year high of C$0.79.

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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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