Northern Dynasty Minerals (TSE:NDM) Trading Up 25% - Should You Buy?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares were up 25% on Saturday . The stock traded as high as C$2.42 and last traded at C$2.40. Approximately 3,243,270 shares traded hands during trading, an increase of 276% from the average daily volume of 861,948 shares. The stock had previously closed at C$1.92.

Northern Dynasty Minerals Trading Up 25.0%

The firm has a market capitalization of C$1.30 billion, a P/E ratio of -76.07 and a beta of 0.75. 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 firm has a 50 day moving average price of C$1.63 and a two-hundred day moving average price of C$1.28.

Insider Buying and Selling at Northern Dynasty Minerals

In other news, insider Bruce Wayne Jenkins sold 50,000 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was sold at an average price of C$1.72, for a total transaction of C$86,000.00. 1.86% of the stock is currently owned by corporate insiders.

About Northern Dynasty Minerals

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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