Northern Dynasty Minerals (TSE:NDM) Shares Down 16.3% - Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK traded down 16.3% during trading on Monday . The company traded as low as C$1.76 and last traded at C$1.80. 2,187,996 shares changed hands during mid-day trading, an increase of 164% from the average session volume of 830,096 shares. The stock had previously closed at C$2.15.

Northern Dynasty Minerals Stock Down 14.4%

The business has a 50 day moving average of C$1.59 and a 200 day moving average of C$1.24. 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 firm 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 related 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 value of C$86,000.00. 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.