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

Northern Dynasty Minerals logo with Basic Materials background

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

Northern Dynasty Minerals Stock Up 25.0%

The company's 50-day moving average price is C$1.61 and its 200 day moving average price is C$1.26. 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 debt-to-equity ratio of 2.33, a quick ratio of 3.93 and a current ratio of 1.04.

Insiders Place Their Bets

In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 50,000 shares of Northern Dynasty Minerals stock in a transaction on Thursday, June 5th. The shares were sold at an average price of C$1.72, for a total value of C$86,000.00. 1.86% of the stock is owned by corporate insiders.

Northern Dynasty Minerals Company Profile

(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.

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