Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK was down 29% during trading on Thursday following insider selling activity. The stock traded as low as C$1.41 and last traded at C$2.23. Approximately 8,945,346 shares were traded 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.
Specifically, Director Michael Heatwole sold 102,000 shares of the company's stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$2.94, for a total value of C$300,186.00. Also, Senior Officer Stephen Hodgson sold 200,000 shares of Northern Dynasty Minerals stock in a transaction on Monday, July 14th. The shares were sold at an average price of C$3.03, for a total transaction of C$606,400.00. In other news, Director James Eduard Fueg sold 51,000 shares of the business's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of C$2.95, for a total transaction of C$150,450.00.
Northern Dynasty Minerals Price Performance
The stock's fifty day moving average price is C$1.86 and its two-hundred day moving average price is C$1.41. The firm has a market capitalization of C$754.99 million, a price-to-earnings ratio of -44.06 and a beta of 0.75. The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33.
About Northern Dynasty Minerals
(
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.
Read More
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
