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Northern Dynasty Minerals (TSE:NDM) Trading Down 42.6% - Here's What Happened

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price was down 42.6% during trading on Friday . The company traded as low as C$1.11 and last traded at C$1.28. Approximately 6,777,904 shares traded hands during mid-day trading, an increase of 517% from the average daily volume of 1,098,828 shares. The stock had previously closed at C$2.23.

Northern Dynasty Minerals Price Performance

The firm's 50 day simple moving average is C$1.86 and its two-hundred day simple moving average is C$1.40. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93. The firm has a market capitalization of C$793.01 million, a P/E ratio of -46.27 and a beta of 0.75.

Insider Transactions at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, insider Llc Kopernik Global Investors sold 103,438 shares of the business's 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 value of C$314,844.58. Also, Senior Officer Adam Jonathan Chodos sold 196,000 shares of the company's stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of C$2.53, for a total transaction of C$495,978.00. In the last 90 days, insiders have sold 868,914 shares of company stock valued at $2,404,970. 1.86% of the stock is currently owned by corporate insiders.

Northern Dynasty Minerals Company Profile

(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.

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