Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK traded up 25% on Friday . The stock traded as high as C$2.42 and last traded at C$2.40. 3,243,270 shares were traded during mid-day trading, an increase of 276% from the average session volume of 861,948 shares. The stock had previously closed at C$1.92.
Northern Dynasty Minerals Stock Up 25.0%
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 company has a 50-day simple moving average of C$1.63 and a two-hundred day simple moving average of C$1.27. The stock has a market cap of C$1.30 billion, a P/E ratio of -76.07 and a beta of 0.75.
Insider Activity at Northern Dynasty Minerals
In related news, insider Bruce Wayne Jenkins sold 50,000 shares of the stock in a transaction 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.
About Northern Dynasty Minerals
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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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