Northern Dynasty Minerals (TSE:NDM) Trading Down 14.4% - Here's Why

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares were down 14.4% during trading on Monday . The stock traded as low as C$1.72 and last traded at C$1.84. Approximately 3,296,926 shares were traded during trading, an increase of 293% from the average daily volume of 839,173 shares. The stock had previously closed at C$2.15.

Northern Dynasty Minerals Trading Down 14.4%

The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33. The company has a market cap of C$999.41 million, a PE ratio of -58.32 and a beta of 0.75. The company has a fifty day simple moving average of C$1.58 and a two-hundred day simple moving average of C$1.24.

Insider Buying and Selling

In other news, insider Bruce Wayne Jenkins sold 50,000 shares of the firm's 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 company insiders.

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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