End of Month - August 2020End of the Month (EOM) report for August 2020 for Erdene Resource Dev Corp
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ERD.TO closed on 08/31/2020 at C$O.52
ERD.TO closed on 07/31/2020 at C$O.65
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This is a 20.0%, a 13-cent, loss for August.
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Indexes
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Junior Gold Miners ETF [GDXJ], @ US$60.19, lost 0.4% in August. [37.9% above its MA(200) @ $43.46]
Gold, @ US$1,978.6 lost 0.4%, or US$7.30, in August. [17.5% above its MA(200) @ $1,83.80]
Silver, @ US$28.59, gained 18.0%, or US$4.37, in August [55.8% above its MA(200) @ $18.35]
S&P 500 Index, @ 3500.3 gained 7.0% in August. [13.5% above its MA(200) @ 3085.1]
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Two Hundred Day Moving Average [MA(200)] stuff.
ERD.TO's MA(200) ended August at C$O.29
ERD.TO is 79.3% above its MA(200).
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ERD.TO News Releases in August.
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August 18, 2020
Erdene Commences 18,000 Metre Drill Program at the Khundii Gold District
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August 17, 2020
Erdene Provides Second Quarter Financial and Bayan Khundii Gold Project Update
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August 12, 2020
Erdene Closes $20 Million Financing to Advance Exploration and Development of the Khundii Gold District Led by $15 Million Strategic Investment from Eric Sprott
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Who is the Big Cheese at ERD?
Peter C. Akerley, President, CEO, & Director
T. Layton Croft, Chairman of the Board
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RJ