Northern Dynasty Minerals (TSE:NDM) Stock Price Down 14.4% - What's Next?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK fell 14.4% during mid-day trading on Monday . The company traded as low as C$1.72 and last traded at C$1.84. 3,296,926 shares traded hands during mid-day trading, an increase of 293% from the average session volume of 839,173 shares. The stock had previously closed at C$2.15.

Northern Dynasty Minerals Stock Performance

The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33. The firm has a 50 day moving average of C$1.59 and a 200-day moving average of C$1.24. The company has a market cap of C$999.41 million, a P/E ratio of -58.32 and a beta of 0.75.

Insider Transactions at Northern Dynasty Minerals

In related news, insider Bruce Wayne Jenkins sold 50,000 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of C$1.72, for a total value of C$86,000.00. 1.86% of the stock is currently owned by insiders.

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.