Northern Dynasty Minerals (TSE:NDM) Stock Price Down 29% - Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares were down 29% during trading on Friday . The company traded as low as C$1.41 and last traded at C$2.23. Approximately 8,945,346 shares traded hands during trading, an increase of 744% from the average daily volume of 1,059,950 shares. The stock had previously closed at C$3.14.

Northern Dynasty Minerals Stock Down 37.7%

The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33. The company has a market cap of C$754.99 million, a price-to-earnings ratio of -44.06 and a beta of 0.75. The stock has a 50-day simple moving average of C$1.86 and a 200-day simple moving average of C$1.40.

Insider Transactions at Northern Dynasty Minerals

In related news, insider Llc Kopernik Global Investors sold 103,438 shares of the firm's stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$3.04, for a total transaction of C$314,844.58. Also, Senior Officer Stephen Hodgson sold 200,000 shares of Northern Dynasty Minerals stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$3.03, for a total value of C$606,400.00. In the last 90 days, insiders sold 1,468,914 shares of company stock worth $4,208,570. 1.86% of the stock is currently owned by company insiders.

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.