Free Trial

Northern Dynasty Minerals (TSE:NDM) Shares Up 25% - Here's Why

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price traded up 25% during trading on Saturday . The company traded as high as C$2.42 and last traded at C$2.40. 3,243,270 shares changed hands during 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 Trading Up 25.0%

The stock's fifty day moving average price is C$1.63 and its 200 day moving average price is C$1.28. 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 stock has a market cap of C$1.30 billion, a PE ratio of -76.07 and a beta of 0.75.

Insider Activity at Northern Dynasty Minerals

In other news, insider Bruce Wayne Jenkins sold 50,000 shares of the 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. 1.86% of the stock is currently owned by insiders.

Northern Dynasty Minerals Company Profile

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Northern Dynasty Minerals Right Now?

Before you consider Northern Dynasty Minerals, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northern Dynasty Minerals wasn't on the list.

While Northern Dynasty Minerals currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines