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Erdene Resource Development Co. (TSE:ERD) Insider Buys C$91,390.00 in Stock

Erdene Resource Development logo with Basic Materials background

Erdene Resource Development Co. (TSE:ERD - Get Free Report) insider 2176423 Ontario Ltd. acquired 100,000 shares of the business's stock in a transaction on Thursday, June 26th. The shares were purchased at an average cost of C$0.91 per share, for a total transaction of C$91,390.00.

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

  • On Tuesday, June 17th, 2176423 Ontario Ltd. bought 100,000 shares of Erdene Resource Development stock. The shares were purchased at an average cost of C$0.95 per share, for a total transaction of C$94,810.00.
  • On Monday, May 12th, 2176423 Ontario Ltd. purchased 200,000 shares of Erdene Resource Development stock. The shares were acquired at an average cost of C$0.89 per share, with a total value of C$177,940.00.
  • On Friday, May 9th, 2176423 Ontario Ltd. bought 200,000 shares of Erdene Resource Development stock. The shares were acquired at an average price of C$0.89 per share, for a total transaction of C$177,680.00.
  • On Wednesday, April 23rd, 2176423 Ontario Ltd. purchased 200,000 shares of Erdene Resource Development stock. The stock was purchased at an average cost of C$0.89 per share, with a total value of C$177,920.00.
  • On Monday, April 21st, 2176423 Ontario Ltd. bought 400,000 shares of Erdene Resource Development stock. The shares were bought at an average price of C$0.93 per share, with a total value of C$373,080.00.
  • On Friday, April 11th, 2176423 Ontario Ltd. purchased 100,000 shares of Erdene Resource Development stock. The shares were purchased at an average price of C$0.83 per share, for a total transaction of C$83,050.00.
  • On Wednesday, April 2nd, 2176423 Ontario Ltd. bought 200,000 shares of Erdene Resource Development stock. The stock was bought at an average cost of C$0.79 per share, with a total value of C$157,900.00.

Erdene Resource Development Stock Performance

ERD traded down C$0.02 on Friday, hitting C$0.89. 132,016 shares of the company were exchanged, compared to its average volume of 267,713. The firm has a fifty day simple moving average of C$0.94 and a two-hundred day simple moving average of C$0.76. The stock has a market capitalization of C$318.09 million, a PE ratio of -353.44 and a beta of 1.63. Erdene Resource Development Co. has a 12 month low of C$0.40 and a 12 month high of C$1.11.

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.

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

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