Erdene Resource Development Co. (TSE:ERD) Insider 2176423 Ontario Ltd. Acquires 250,000 Shares of Stock

Posted by Jessica Moore on Mar 12th, 2025

Erdene Resource Development Co. (TSE:ERD – Get Free Report) insider 2176423 Ontario Ltd. bought 250,000 shares of the stock in a transaction on Thursday, March 6th. The stock was acquired at an average cost of C$0.69 per share, for a total transaction of C$172,500.00.

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

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, with a total value of C$94,033.50.
On Thursday, February 27th, 2176423 Ontario Ltd. bought 100,000 shares of Erdene Resource Development stock. The shares were bought at an average cost of C$0.67 per share, for a total transaction of C$67,000.00.
On Tuesday, February 25th, 2176423 Ontario Ltd. purchased 100,000 shares of Erdene Resource Development stock. The stock was bought at an average cost of C$0.66 per share, with a total value of C$66,480.00.
On Wednesday, February 19th, 2176423 Ontario Ltd. purchased 150,000 shares of Erdene Resource Development stock. The stock was bought at an average price of C$0.70 per share, for a total transaction of C$104,745.00.
On Friday, February 14th, 2176423 Ontario Ltd. acquired 178,000 shares of Erdene Resource Development stock. The shares were bought at an average cost of C$0.75 per share, with a total value of C$133,215.20.
On Wednesday, February 12th, 2176423 Ontario Ltd. bought 218,500 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.67 per share, for a total transaction of C$146,089.10.
On Monday, February 10th, 2176423 Ontario Ltd. purchased 400,000 shares of Erdene Resource Development stock. The stock was purchased at an average cost of C$0.65 per share, with a total value of C$259,640.00.

Erdene Resource Development Trading Down 1.4 %

Shares of TSE:ERD opened at C$0.72 on Wednesday. The firm has a market capitalization of C$257.33 million, a PE ratio of -285.93 and a beta of 1.63. Erdene Resource Development Co. has a 1-year low of C$0.37 and a 1-year high of C$0.79. The business’s 50 day moving average is C$0.64 and its 200-day moving average is C$0.61.

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.