Northern Dynasty Minerals (TSE:NDM) Stock Price Down 14.4% - Time to Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares fell 14.4% during trading on Tuesday . 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 firm has a fifty day moving average of C$1.60 and a 200 day moving average of C$1.25. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93. The stock has a market capitalization of C$1.09 billion, a price-to-earnings ratio of -63.39 and a beta of 0.75.

Insider Buying and Selling

In other news, insider Bruce Wayne Jenkins sold 50,000 shares of Northern Dynasty Minerals 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 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.