Erdene Resource Development Co. (TSE:ERD – Get Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$6.99 and traded as low as C$4.93. Erdene Resource Development shares last traded at C$5.05, with a volume of 70,279 shares.
Erdene Resource Development Stock Performance
The stock has a fifty day moving average price of C$5.70 and a 200 day moving average price of C$6.97. The company has a current ratio of 104.30, a quick ratio of 4.27 and a debt-to-equity ratio of 0.09. The firm has a market cap of C$332.70 million, a price-to-earnings ratio of 508.00 and a beta of 2.19.
Erdene Resource Development (TSE:ERD – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported C$0.07 earnings per share for the quarter.
Erdene Resource Development Company Profile
Erdene Resource Development Corp. is a Canada-based resource company producing gold at the high-grade, low-cost Bayan Khundii Gold Mine in underexplored and highly prospective Mongolia. The Company has interests in a portfolio of precious and base metal projects near the Bayan Khundii Gold Mine in the Khundii Minerals District, which provides a robust organic growth pipeline. Erdene Resource Development Corp. is listed on the Toronto (‘ERD’) and the Mongolian stock (‘ERDN’) exchanges and OTCQX Market (‘ERDCF’).
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