Erdene Resource Development Co. (TSE:ERD - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.58 and traded as high as C$0.62. Erdene Resource Development shares last traded at C$0.61, with a volume of 357,841 shares traded.
Erdene Resource Development Trading Down 1.6 %
The stock has a 50-day moving average price of C$0.58 and a two-hundred day moving average price of C$0.55. The stock has a market capitalization of C$209.18 million, a PE ratio of -30.00 and a beta of 1.63. 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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