Northern Dynasty Minerals (TSE:NDM) Shares Up 25% – Should You Buy?

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

Northern Dynasty Minerals Stock Up 25.0%

The company has a market cap of C$1.30 billion, a PE ratio of -76.07 and a beta of 0.75. The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33. The business has a 50-day simple moving average of C$1.63 and a 200-day simple moving average of C$1.28.

Insider Buying and Selling

In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 50,000 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of C$1.72, for a total transaction of C$86,000.00. Insiders own 1.86% of the company’s stock.

Northern Dynasty Minerals Company Profile

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.