Northern Dynasty Minerals (TSE:NDM) Reaches New 12-Month Low - What's Next?

Key Points

• Northern Dynasty Minerals fell 10.7% to C$1.03, reaching a new 52-week low and trading well below its 50-day and 200-day moving averages.
• The company reported a quarterly loss of C$0.06 per share, while analysts expect a full-year loss of approximately C$0.02 per share.
• Insider activity was mixed: one insider sold 45,000 shares, while Kopernik Global Investors purchased 121,515 shares; insiders collectively own 1.86% of the company.

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as C$1.03 and last traded at C$1.03, with a volume of 275,603 shares. The stock had previously closed at C$1.12.

Northern Dynasty Minerals Trading Down 10.7%

The company has a debt-to-equity ratio of 889.83, a current ratio of 0.50 and a quick ratio of 3.92. The business's 50 day simple moving average is C$1.79 and its 200 day simple moving average is C$2.32. The stock has a market cap of C$562.12 million, a P/E ratio of -8.33 and a beta of 0.08.

Northern Dynasty Minerals (TSE:NDM - Get Free Report) NYSE: NAK last issued its earnings results on Wednesday, August 12th. The mining company reported C($0.06) earnings per share (EPS) for the quarter. On average, analysts expect that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, insider Adam Jonathan Chodos sold 45,000 shares of the company's stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$1.96, for a total transaction of C$88,200.00. Following the sale, the insider directly owned 43,000 shares of the company's stock, valued at approximately C$84,280. This represents a 51.14% decrease in their ownership of the stock. Also, insider Llc Kopernik Global Investors purchased 121,515 shares of the company's stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average cost of C$2.37 per share, with a total value of C$287,990.55. Following the completion of the acquisition, the insider directly owned 43,648,028 shares in the company, valued at approximately C$103,445,826.36. This represents a 0.28% increase in their ownership of the stock. 1.86% of the stock is currently owned by insiders.

About Northern Dynasty Minerals

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska -based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project.

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