Northern Dynasty Minerals Ltd. (TSE:NDM – Get Free Report) (NYSE:NAK) shares 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 debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93. The business’s fifty day simple moving average is C$1.63 and its two-hundred day simple moving average is C$1.28. The company has a market cap of C$1.30 billion, a PE ratio of -76.07 and a beta of 0.75.
Insider Activity at Northern Dynasty Minerals
In other news, insider Bruce Wayne Jenkins sold 50,000 shares of the business’s stock in a transaction dated Thursday, June 5th. The shares were 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 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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