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2176423 Ontario Ltd. Buys 178,000 Shares of Erdene Resource Development Co. (TSE:ERD) Stock

Erdene Resource Development logo with Basic Materials background

Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. bought 178,000 shares of the company's stock in a transaction dated Friday, February 14th. The stock was bought at an average price of C$0.75 per share, with a total value of C$133,215.20.

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

  • On Wednesday, February 19th, 2176423 Ontario Ltd. bought 150,000 shares of Erdene Resource Development stock. The stock was bought at an average price of C$0.70 per share, with a total value of C$104,745.00.
  • On Wednesday, February 12th, 2176423 Ontario Ltd. bought 218,500 shares of Erdene Resource Development stock. The stock was bought 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. bought 400,000 shares of Erdene Resource Development stock. The stock was bought at an average price of C$0.65 per share, with a total value of C$259,640.00.

Erdene Resource Development Price Performance

Shares of Erdene Resource Development stock traded up C$0.02 on Friday, reaching C$0.70. The company had a trading volume of 143,500 shares, compared to its average volume of 223,514. Erdene Resource Development Co. has a 1 year low of C$0.34 and a 1 year high of C$0.79. The firm has a market cap of C$250.19 million, a price-to-earnings ratio of -277.99 and a beta of 1.63. The firm's 50-day moving average price is C$0.60 and its two-hundred day moving average price is C$0.58.

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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