Northern Dynasty Minerals (TSE:NDM) Reaches New 1-Year High - Still a Buy?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.90 and last traded at C$1.89, with a volume of 402065 shares traded. The stock had previously closed at C$1.76.

Northern Dynasty Minerals Trading Up 6.8%

The business has a 50 day simple moving average of C$1.49 and a 200-day simple moving average of C$1.16. The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33. The stock has a market capitalization of C$1.02 billion, a price-to-earnings ratio of -59.59 and a beta of 0.75.

Insider Activity

In other news, insider Bruce Wayne Jenkins sold 25,000 shares of the company's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$1.65, for a total transaction of C$41,360.00. Insiders own 1.86% of the company's stock.

About Northern Dynasty Minerals

Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.

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