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

Erdene Resource Development Co. (TSE:ERD) insider 2176423 Ontario Ltd. purchased 139,000 shares of Erdene Resource Development stock in a transaction on Tuesday, March 4th. The stock was bought at an average price of C$0.68 per share, for a total transaction 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 stock was bought at an average price 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 price of C$0.66 per share, for a total transaction 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. purchased 178,000 shares of Erdene Resource Development stock. The stock was bought at an average price of C$0.75 per share, for a total transaction of C$133,215.20.
• On Wednesday, February 12th, 2176423 Ontario Ltd. purchased 218,500 shares of Erdene Resource Development stock. The stock was bought at an average price of C$0.67 per share, for a total transaction of C$146,089.10.
• On Monday, February 10th, 2176423 Ontario Ltd. acquired 400,000 shares of Erdene Resource Development stock. The stock was acquired at an average cost of C$0.65 per share, with a total value of C$259,640.00.

Erdene Resource Development Price Performance

Shares of TSE:ERD opened at C$0.69 on Thursday. Erdene Resource Development Co. has a 52 week low of C$0.37 and a 52 week high of C$0.79. The stock has a market capitalization of C$246.61 million, a P/E ratio of -274.02 and a beta of 1.63. The firm has a fifty day simple moving average of C$0.63 and a two-hundred day simple moving average of C$0.60.

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.