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 Erdene Resource Development stock in a transaction that occurred 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 Down 1.2 %

ERD stock opened at C$0.80 on Thursday. The firm has a 50 day moving average of C$0.66 and a 200-day moving average of C$0.62. Erdene Resource Development Co. has a 12-month low of C$0.37 and a 12-month high of C$0.85. The company has a market cap of C$285.93 million, a price-to-earnings ratio of -317.70 and a beta of 1.63.

About Erdene Resource Development

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.