Stock Traders Purchase Large Volume of Northern Dynasty Minerals Call Options (NASDAQ:NAK)

Northern Dynasty Minerals Ltd (NASDAQ:NAK) was the target of unusually large options trading activity on Monday. Stock traders purchased 67,501 call options on the stock. This is an increase of 512% compared to the typical daily volume of 11,027 call options.

Northern Dynasty Minerals Stock Up 14.4%

Shares of NAK stock opened at $1.51 on Tuesday. The company has a market cap of $833.14 million, a P/E ratio of -13.73 and a beta of -0.60. Northern Dynasty Minerals has a one year low of $0.30 and a one year high of $2.40.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is 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, 17 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage.