Northern Dynasty Minerals (TSE:NDM) Trading 20.3% Higher - What's Next?

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shot up 20.3% during mid-day trading on Friday . The stock traded as high as C$2.42 and last traded at C$2.31. 1,638,791 shares traded hands during trading, an increase of 94% from the average session volume of 843,197 shares. The stock had previously closed at C$1.92.

Northern Dynasty Minerals Stock Up 25.0%

The stock has a market capitalization of C$1.30 billion, a P/E ratio of -76.07 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. The firm's fifty day moving average is C$1.63 and its 200-day moving average is C$1.27.

Insider Buying and Selling at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 50,000 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of C$1.72, for a total value of C$86,000.00. Corporate 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.