Northern Dynasty Minerals (TSE:NDM) Shares Up 2.9% – Here’s Why

Northern Dynasty Minerals Ltd. (TSE:NDMGet Free Report) (NYSE:NAK)’s stock price was up 2.9% on Friday . The company traded as high as C$0.71 and last traded at C$0.70. Approximately 33,143 shares traded hands during trading, a decline of 70% from the average daily volume of 110,733 shares. The stock had previously closed at C$0.68.

Northern Dynasty Minerals Trading Up 2.9 %

The stock has a market cap of C$376.40 million, a P/E ratio of -23.33 and a beta of 0.75. The company has a debt-to-equity ratio of 2.65, a quick ratio of 3.93 and a current ratio of 0.61. The firm’s fifty day simple moving average is C$0.58 and its 200-day simple moving average is C$0.50.

Insider Buying and Selling

In related news, Director Robert Allan Dickinson sold 100,000 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of C$0.59, for a total transaction of C$59,010.00. 1.86% of the stock is owned by insiders.

About Northern Dynasty Minerals

(Get Free Report)

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States.

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