Northern Dynasty Minerals (TSE:NDM) Hits New 12-Month High - Still a Buy?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK reached a new 52-week high during trading on Wednesday . The stock traded as high as C$1.85 and last traded at C$1.77, with a volume of 232302 shares changing hands. The stock had previously closed at C$1.80.

Northern Dynasty Minerals Stock Performance

The stock has a market cap of C$912.50 million, a P/E ratio of -53.25 and a beta of 0.75. The company has a fifty day moving average price of C$1.46 and a 200 day moving average price of C$1.14. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93.

Insider Activity

In related news, insider Bruce Wayne Jenkins sold 50,000 shares of Northern Dynasty Minerals stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of C$1.72, for a total transaction of C$86,000.00. Corporate insiders own 1.86% of the company's stock.

Northern Dynasty Minerals Company Profile

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.