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Closing Bell: Erdene Resource Development Corp down on Tuesday (ERD)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today in trading, shares of Erdene Resource Development Corp opened at $0.41 and closed at $0.40. prices ranged from $0.40 to $0.41.

Share prices shrank -1.23 percent from the previous day's close of $0.41.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Erdene Resource Development Corp traded under ERD on the Toronto Stock Exchange (TSX).

A total of 145,479 shares was traded during the last trading day, with total trades of 43. On average, Erdene Resource Development Corp has traded 93,426 shares over 5 days and 136,781 year-to-date.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, ERD.TO has traded as high as $0.52 (May 31,2024) and low as $0.27 (November 10,2023). Moreover, in the last 12 months, Erdene Resource Development Corp's shares have boosted 12.68 percent, while this year, they have boosted 12.68%.

Following today's trading, Erdene Resource Development Corp has a market capitalization of $140.34 million on a float of 346,523 shares outstanding. Its annual EPS is $-0.03.

Erdene Resource Development Corp is a None company headquartered in Dartmouth, CAN.

Currently, Erdene Resource Development Corp's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..