Erdene Resource Development Corporation press release

Today's Research Reports on Imperial Mining Group, Kirkland Lake Gold, Erdene Resource Development and Agnico Eagle Mines

2018-10-02

TSX - Toronto Stock Exchange · Gold · Silver · Lead · Zinc · Molybdenum · Antimony · Copper · Canada

NEW YORK, NY / ACCESSWIRE / October 2, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.comand get exclusive access to our numerous research reports and market updates.

RDI Initiates Coverage on:

Imperial Mining Group Ltd. https://rdinvesting.com/news/?ticker=IPG.V

Kirkland Lake Gold Ltd. https://rdinvesting.com/news/?ticker=KL.TO

Erdene Resource Development Corporation https://rdinvesting.com/news/?ticker=ERD.TO

Agnico Eagle Mines Limited https://rdinvesting.com/news/?ticker=AEM.TO

Imperial Mining’s stock had no change Monday, to close the day at $0.09. The stock recorded a trading volume of 17,718 shares, which was below its three months average volume of 25,194 shares. In the last year, Imperial Mining's shares have traded in a range of 0.05 - 0.27. The share price has gained 80% from its 52 week low. The company's shares are currently trading at their 200-day moving average. The stock's 50-day moving average of $0.09 is equal to its 200-day moving average of $0.09. Shares of Imperial Mining have fallen approximately 63.27 percent year-to-date.

Access RDI's Imperial Mining Group Ltd. Research Report at: https://rdinvesting.com/news/?ticker=IPG.V

On Monday, shares of Kirkland Lake Gold recorded a trading volume of 506,910 shares, which was below the three months average volume of 862,732 shares. The stock ended the day 1.51% lower at $24.11. The share price has fallen 22.07% from its 52 week high with a 52 week trading range of 14.76 - 30.94. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $24.65 is lower than its 200-day moving average of $24.71. Shares of the company are trading at a Price to Earnings ratio of 26.18. Shares of Kirkland Lake Gold have gained approximately 25.12 percent year-to-date.

Access RDI's Kirkland Lake Gold Ltd. Research Report at: https://rdinvesting.com/news/?ticker=KL.TO

Erdene Resource Development’s stock jumped 3.45% Monday, to close the day at $0.30. The stock recorded a trading volume of 12,155 shares, which was below its three months average volume of 157,898 shares. In the last year, Erdene Resource Development's shares have traded in a range of 0.28 - 0.79. The share price has gained 7.14% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.37 is lower than its 200-day moving average of $0.38. Shares of Erdene Resource Development have fallen approximately 50 percent year-to-date.

Access RDI's Erdene Resource Development Corporation Research Report at: https://rdinvesting.com/news/?ticker=ERD.TO

On Monday, shares of Agnico Eagle Mines recorded a trading volume of 498,797 shares, which was below the three months average volume of 673,143 shares. The stock ended the day 0.97% lower at $43.69. The share price has fallen 30.43% from its 52 week high with a 52 week trading range of 42.35 - 62.80. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $45.30 is lower than its 200-day moving average of $53.81. Shares of the company are trading at a Price to Earnings ratio of 63.32. Shares of Agnico Eagle Mines have fallen approximately 24.72 percent year-to-date.

Access RDI's Agnico Eagle Mines Limited Research Report at: https://rdinvesting.com/news/?ticker=AEM.TO

Our Actionable Research on Imperial Mining Group Ltd. (TSXV:IPG.V), Kirkland Lake Gold Ltd. (TSX:KL.TO), Erdene Resource Development Corporation (TSX:ERD.TO) and Agnico Eagle Mines Limited (TSX:AEM.TO) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealernor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com