Northern Dynasty Minerals (TSE:NDM) Sets New 12-Month High – Here’s Why

Northern Dynasty Minerals Ltd. (TSE:NDMGet Free Report) (NYSE:NAK)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$1.85 and last traded at C$1.77, with a volume of 232302 shares traded. The stock had previously closed at C$1.80.

Northern Dynasty Minerals Stock Down 2.4%

The company has a debt-to-equity ratio of 2.33, a quick ratio of 3.93 and a current ratio of 1.04. The firm’s 50-day moving average is C$1.46 and its 200 day moving average is C$1.14. The firm has a market capitalization of C$890.78 million, a PE ratio of -51.98 and a beta of 0.75.

Insider Buying and Selling

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

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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