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Erdene Resource Development Co. (TSE:ERD) Insider 2176423 Ontario Ltd. Purchases 200,000 Shares

Erdene Resource Development logo with Basic Materials background

Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. bought 200,000 shares of the business's stock in a transaction on Wednesday, April 2nd. The stock was bought at an average cost of C$0.79 per share, with a total value of C$157,900.00.

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

  • On Thursday, March 13th, 2176423 Ontario Ltd. bought 250,000 shares of Erdene Resource Development stock. The stock was purchased at an average cost of C$0.75 per share, for a total transaction of C$186,725.00.
  • On Thursday, March 6th, 2176423 Ontario Ltd. purchased 250,000 shares of Erdene Resource Development stock. The shares were acquired at an average cost of C$0.69 per share, with a total value of C$172,500.00.
  • On Tuesday, March 4th, 2176423 Ontario Ltd. acquired 139,000 shares of Erdene Resource Development stock. The stock was acquired at an average cost of C$0.68 per share, for a total transaction of C$94,033.50.
  • On Thursday, February 27th, 2176423 Ontario Ltd. bought 100,000 shares of Erdene Resource Development stock. The shares were acquired at an average cost of C$0.67 per share, with a total value of C$67,000.00.
  • On Tuesday, February 25th, 2176423 Ontario Ltd. purchased 100,000 shares of Erdene Resource Development stock. The shares were acquired 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. acquired 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 Friday, February 14th, 2176423 Ontario Ltd. bought 178,000 shares of Erdene Resource Development stock. The stock was bought 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 shares were bought at an average cost of C$0.67 per share, with a total value of C$146,089.10.
  • On Monday, February 10th, 2176423 Ontario Ltd. acquired 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 Stock Up 11.6 %

ERD stock traded up C$0.08 during midday trading on Wednesday, hitting C$0.77. The company's stock had a trading volume of 472,789 shares, compared to its average volume of 252,777. The firm has a market capitalization of C$275.20 million, a price-to-earnings ratio of -305.79 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$0.85. The company has a 50 day moving average of C$0.72 and a two-hundred day moving average of C$0.65.

About Erdene Resource Development

(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.

Further Reading

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

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