Northern Dynasty Minerals (TSE:NDM) Shares Down 14.4% - Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's share price was down 14.4% during mid-day trading on Tuesday . The stock traded as low as C$1.72 and last traded at C$1.84. Approximately 3,296,926 shares changed hands during trading, an increase of 293% from the average daily volume of 839,173 shares. The stock had previously closed at C$2.15.

Northern Dynasty Minerals Price Performance

The company's 50 day simple moving average is C$1.61 and its 200 day simple moving average is C$1.25. 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$1.04 billion, a PE ratio of -60.85 and a beta of 0.75.

Insider Buying and Selling at Northern Dynasty Minerals

In other news, insider Bruce Wayne Jenkins sold 50,000 shares of Northern Dynasty Minerals stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of C$1.72, for a total value of C$86,000.00. Company 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.