David Vaughn Mosher Sells 50,000 Shares of Erdene Resource Development Co. (TSE:ERD) Stock

Erdene Resource Development Co. (TSE:ERD) Director David Vaughn Mosher sold 50,000 shares of the company’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of C$0.79, for a total transaction of C$39,500.00.

Erdene Resource Development Trading Up 1.2 %

Shares of TSE ERD traded up C$0.01 during mid-day trading on Tuesday, reaching C$0.83. The company had a trading volume of 158,882 shares, compared to its average volume of 233,414. Erdene Resource Development Co. has a 52 week low of C$0.37 and a 52 week high of C$0.85. The business’s 50-day moving average is C$0.66 and its 200-day moving average is C$0.62. The stock has a market cap of C$296.65 million, a price-to-earnings ratio of -329.61 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.