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Northern Dynasty Minerals (TSE:NDM) Trading 22.5% Higher - Time to Buy?

Northern Dynasty Minerals logo with Basic Materials background

Key Points

  • Northern Dynasty Minerals saw a significant stock increase of 22.5%, trading as high as C$2.80 during mid-day trading.
  • The company's market capitalization is approximately C$1.46 billion, with a price-to-earnings ratio of -17.60 and a debt-to-equity ratio of 2.33.
  • Insider activity has been notable, with insiders selling over 1.4 million shares valued at $4.12 million in the last 90 days.
  • Five stocks we like better than Northern Dynasty Minerals.

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK traded up 22.5% during mid-day trading on Tuesday . The stock traded as high as C$2.80 and last traded at C$2.61. 4,906,712 shares traded hands during mid-day trading, an increase of 322% from the average session volume of 1,162,913 shares. The stock had previously closed at C$2.13.

Northern Dynasty Minerals Trading Up 23.9%

The stock has a market capitalization of C$1.46 billion, a price-to-earnings ratio of -17.60 and a beta of -0.34. 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 business has a 50-day moving average of C$1.28 and a 200-day moving average of C$1.52.

Insider Activity

In other Northern Dynasty Minerals news, insider Llc Kopernik Global Investors sold 103,438 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of C$3.04, for a total transaction of C$314,844.58. Also, Senior Officer Stephen Hodgson sold 200,000 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of C$3.03, for a total value of C$606,400.00. Insiders have sold 1,418,914 shares of company stock worth $4,122,570 over the last 90 days. 1.86% of the stock is owned by corporate 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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