Erdene Resource Development Co. (TSE:ERD) Director Sells C$164,000.00 in Stock

Erdene Resource Development Co. (TSE:ERD) Director David Vaughn Mosher sold 200,000 shares of the stock in a transaction on Monday, April 14th. The shares were sold at an average price of C$0.82, for a total value of C$164,000.00.

David Vaughn Mosher also recently made the following trade(s):

• On Monday, March 17th, David Vaughn Mosher sold 50,000 shares of Erdene Resource Development stock. The shares were sold at an average price of C$0.79, for a total transaction of C$39,500.00.

Erdene Resource Development Price Performance

Shares of TSE ERD traded up C$0.01 during midday trading on Thursday, reaching C$0.86. 348,038 shares of the stock were exchanged, compared to its average volume of 262,940. Erdene Resource Development Co. has a 12 month low of C$0.38 and a 12 month high of C$0.87. The business has a 50-day simple moving average of C$0.75 and a two-hundred day simple moving average of C$0.66. The company has a market capitalization of C$307.37 million, a price-to-earnings ratio of -341.53 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.