Erdene Resource Development Co. (TSE:ERD – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.84 and traded as low as C$4.88. Erdene Resource Development shares last traded at C$5.18, with a volume of 120,696 shares traded.
Erdene Resource Development Price Performance
The stock has a market capitalization of C$347.77 million, a P/E ratio of 531.00 and a beta of 2.19. The company has a debt-to-equity ratio of 0.09, a current ratio of 104.30 and a quick ratio of 4.27. The company’s 50-day simple moving average is C$5.55 and its 200-day simple moving average is C$6.82.
Erdene Resource Development (TSE:ERD – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$0.07 EPS 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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