Northern Dynasty Minerals (TSE:NDM) Trading 25% Higher – What’s Next?

Northern Dynasty Minerals Ltd. (TSE:NDMGet Free Report) (NYSE:NAK) shares traded up 25% during trading on Friday . The stock traded as high as C$2.42 and last traded at C$2.40. 530,242 shares were traded during trading, a decline of 37% from the average session volume of 843,197 shares. The stock had previously closed at C$1.92.

Northern Dynasty Minerals Price Performance

The firm has a fifty day simple moving average of C$1.63 and a 200 day simple moving average of C$1.28. The company has a market capitalization of C$1.30 billion, a PE 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.

Insider Buying and Selling

In other Northern Dynasty Minerals 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 owned by 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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