Erdene Resource Development Co. (TSE:ERD) Insider 2176423 Ontario Ltd. Purchases 139,000 Shares

Erdene Resource Development Co. (TSE:ERDGet Free Report) insider 2176423 Ontario Ltd. purchased 139,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were purchased at an average cost of C$0.68 per share, with a total value of C$94,033.50.

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

  • On Thursday, February 27th, 2176423 Ontario Ltd. purchased 100,000 shares of Erdene Resource Development stock. The shares were purchased 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 purchased 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 shares were purchased at an average cost of C$0.70 per share, with a total value of C$104,745.00.
  • On Friday, February 14th, 2176423 Ontario Ltd. purchased 178,000 shares of Erdene Resource Development stock. The shares were purchased 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. purchased 218,500 shares of Erdene Resource Development stock. The shares were purchased 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. purchased 400,000 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.65 per share, with a total value of C$259,640.00.

Erdene Resource Development Stock Performance

ERD stock opened at C$0.69 on Thursday. The stock has a market cap of C$246.61 million, a PE ratio of -274.02 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$0.79. The company has a 50-day moving average price of C$0.63 and a 200 day moving average price of C$0.60.

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.

Featured Articles

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

Receive News & Ratings for Erdene Resource Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Erdene Resource Development and related companies with MarketBeat.com's FREE daily email newsletter.