Erdene Resource Development Co. (TSE:ERD – Get Free Report) insider 2176423 Ontario Ltd. purchased 100,000 shares of Erdene Resource Development stock in a transaction on Tuesday, February 25th. The shares were acquired at an average cost of C$0.66 per share, for a total transaction of C$66,480.00.
2176423 Ontario Ltd. also recently made the following trade(s):
- On Wednesday, February 19th, 2176423 Ontario Ltd. bought 150,000 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.70 per share, for a total transaction of C$104,745.00.
- On Friday, February 14th, 2176423 Ontario Ltd. bought 178,000 shares of Erdene Resource Development stock. The shares were purchased 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. 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. bought 400,000 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.65 per share, for a total transaction of C$259,640.00.
Erdene Resource Development Trading Down 4.4 %
TSE ERD opened at C$0.65 on Wednesday. The company’s fifty day simple moving average is C$0.61 and its 200-day simple moving average is C$0.59. Erdene Resource Development Co. has a 52 week low of C$0.34 and a 52 week high of C$0.79. The stock has a market cap of C$232.31 million, a P/E ratio of -258.13 and a beta of 1.63.
Erdene Resource Development Company Profile
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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