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 firm’s 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 value of C$39,500.00.

Erdene Resource Development Price Performance

TSE ERD opened at C$0.81 on Wednesday. The company has a market cap of C$289.50 million, a PE ratio of -321.67 and a beta of 1.63. The stock’s 50 day simple moving average is C$0.66 and its 200-day simple moving average is C$0.62. Erdene Resource Development Co. has a 1-year low of C$0.37 and a 1-year high of C$0.85.

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.