Erdene Resource Development Co. (TSE:ERD – Get Free Report) insider 2176423 Ontario Ltd. acquired 218,500 shares of Erdene Resource Development stock in a transaction on Wednesday, February 12th. The shares were bought at an average cost of C$0.67 per share, for a total transaction of C$146,089.10.
2176423 Ontario Ltd. also recently made the following trade(s):
- On Monday, February 10th, 2176423 Ontario Ltd. bought 400,000 shares of Erdene Resource Development stock. The shares were acquired at an average price of C$0.65 per share, for a total transaction of C$259,640.00.
Erdene Resource Development Trading Down 1.4 %
Shares of ERD stock opened at C$0.73 on Friday. Erdene Resource Development Co. has a 12 month low of C$0.32 and a 12 month high of C$0.79. The stock has a market cap of C$260.91 million, a PE ratio of -289.90 and a beta of 1.63. The company’s fifty day moving average price is C$0.59 and its 200-day moving average price is C$0.57.
About Erdene Resource Development
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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