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Northern Dynasty Minerals (TSE:NDM) Stock Price Up 25% - Here's What Happened

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK rose 25% during mid-day trading on Saturday . The company traded as high as C$2.42 and last traded at C$2.40. Approximately 3,243,270 shares traded hands during trading, an increase of 276% from the average daily volume of 861,948 shares. The stock had previously closed at C$1.92.

Northern Dynasty Minerals Stock Performance

The business's fifty day moving average price is C$1.63 and its 200-day moving average price is C$1.27. The company has a debt-to-equity ratio of 2.33, a quick ratio of 3.93 and a current ratio of 1.04. The stock has a market cap of C$1.30 billion, a PE ratio of -76.07 and a beta of 0.75.

Insider Activity

In other news, insider Bruce Wayne Jenkins sold 50,000 shares of the firm's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of C$1.72, for a total transaction of C$86,000.00. 1.86% of the stock is currently owned by insiders.

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.

See Also

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