Erdene Resource Development Co. (TSE:ERD - Get Free Report)'s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.59 and traded as high as C$0.60. Erdene Resource Development shares last traded at C$0.58, with a volume of 79,893 shares changing hands.
Erdene Resource Development Stock Performance
The stock has a market cap of C$202.21 million, a PE ratio of -29.00 and a beta of 1.63. The firm's 50-day moving average is C$0.59 and its 200 day moving average is C$0.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.27 and a current ratio of 8.64.
About Erdene Resource Development
(
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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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