Shares of Northern Dynasty Minerals Ltd. (TSE:NDM – Get Free Report) (NYSE:NAK) traded up 25% during trading on Saturday . The stock traded as high as C$2.42 and last traded at C$2.40. 3,243,270 shares were traded during 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’s 50-day moving average is C$1.63 and its 200 day moving average is 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 related news, insider Bruce Wayne Jenkins sold 50,000 shares of the 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. Company 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.
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