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

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK fell 14.4% on Monday . The company traded as low as C$1.72 and last traded at C$1.84. 3,296,926 shares changed 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 Price 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 stock's 50-day moving average price is C$1.59 and its 200-day moving average price is C$1.24. The company has a market capitalization of C$999.41 million, a price-to-earnings ratio of -58.32 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 company's 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. Company 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.