Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK traded down 40.8% during trading on Friday . The company traded as low as C$1.11 and last traded at C$1.32. 5,810,457 shares were traded during trading, an increase of 433% from the average session volume of 1,090,745 shares. The stock had previously closed at C$2.23.
Northern Dynasty Minerals Stock Performance
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 business's 50 day moving average is C$1.86 and its 200 day moving average is C$1.40. The stock has a market capitalization of C$716.97 million, a PE ratio of -41.84 and a beta of 0.75.
Insider Activity at Northern Dynasty Minerals
In related news, Director Michael Heatwole sold 102,000 shares of Northern Dynasty Minerals stock in a transaction dated Monday, July 14th. The shares were sold at an average price of C$2.94, for a total transaction of C$300,186.00. Also, insider Bruce Wayne Jenkins sold 51,000 shares of Northern Dynasty Minerals stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of C$2.75, for a total transaction of C$140,250.00. Insiders have sold a total of 868,914 shares of company stock worth $2,404,970 over the last ninety days. 1.86% of the stock is currently owned by company 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.
Further Reading
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