Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares rose 25% during trading on Friday . The company traded as high as C$2.42 and last traded at C$2.40. Approximately 3,243,270 shares changed 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 Trading Up 25.0%
The firm has a market cap of C$1.30 billion, a price-to-earnings ratio of -76.07 and a beta of 0.75. The business has a 50 day moving average of C$1.61 and a 200 day moving average of C$1.26. The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33.
Insider Activity
In related news, insider Bruce Wayne Jenkins sold 50,000 shares of the firm's stock in a transaction that occurred on 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 owned by corporate insiders.
Northern Dynasty Minerals Company Profile
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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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