Northern Dynasty Minerals (TSE:NDM) Trading 17.8% Higher - Still a Buy?

Key Points

• Northern Dynasty Minerals Ltd. saw a significant share price increase of 17.8%, closing at C$2.51 after trading as high as C$2.80.
• Insider trading activity included Director Ronald William Thiessen selling 600,000 shares for C$1,803,600, while insiders have sold a total of 1,418,914 shares valued at $4,122,570 over the last three months.
• The company has a market capitalization of C$1.38 billion and key financial ratios indicate a debt-to-equity ratio of 2.33 and a price-to-earnings ratio of -16.73.

Northern Dynasty Minerals Ltd. (TSE:NDM - NYSE: NAK's share price was up 17.8% during trading on Tuesday . The stock traded as high as C$2.80 and last traded at C$2.51. Approximately 2,376,891 shares traded hands during mid-day trading, an increase of 107% from the average daily volume of 1,147,702 shares. The stock had previously closed at C$2.13.

Northern Dynasty Minerals Price Performance

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 company's 50 day moving average price is C$1.28 and its 200-day moving average price is C$1.52. The company has a market cap of C$1.38 billion, a price-to-earnings ratio of -16.73 and a beta of -0.34.

Insider Buying and Selling

In other news, Director Ronald William Thiessen sold 600,000 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$3.01, for a total transaction of C$1,803,600.00. Also, Senior Officer Adam Jonathan Chodos sold 196,000 shares of Northern Dynasty Minerals stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of C$2.53, for a total value of C$495,978.00. Insiders have sold 1,418,914 shares of company stock valued at $4,122,570 in the last three months. 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.

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