Erdene Resource Development Co. (TSE:ERD – Get Free Report) insider 2176423 Ontario Ltd. purchased 218,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average price 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. purchased 400,000 shares of Erdene Resource Development stock. The stock was purchased at an average price of C$0.65 per share, for a total transaction of C$259,640.00.
Erdene Resource Development Price Performance
Shares of Erdene Resource Development stock opened at C$0.73 on Friday. The stock has a market cap of C$260.91 million, a price-to-earnings ratio of -289.90 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$0.57. Erdene Resource Development Co. has a 1 year low of C$0.32 and a 1 year high of C$0.79.
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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