Northern Dynasty Minerals (TSE:NDM) Reaches New 52-Week Low – What’s Next?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as C$1.43 and last traded at C$1.46, with a volume of 90,622 shares. The stock had previously closed at C$1.60.

Northern Dynasty Minerals Trading Down 8.2%

The company has a debt-to-equity ratio of 889.83, a current ratio of 0.50 and a quick ratio of 3.92. The company has a market cap of C$753.24 million, a price-to-earnings ratio of -11.17 and a beta of 0.08. The business’s fifty day moving average price is C$2.05 and its 200 day moving average price is C$2.42.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last posted its quarterly earnings data on Wednesday, August 12th. The mining company reported C($0.06) earnings per share for the quarter. Research analysts anticipate that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current fiscal year.

Insider Transactions at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, insider Adam Jonathan Chodos sold 45,000 shares of the company’s stock in a transaction dated Friday, September 25th. The stock was sold at an average price of C$1.96, for a total value of C$88,200.00. Following the sale, the insider owned 43,000 shares in the company, valued at approximately C$84,280. The trade was a 51.14% decrease in their position. Also, insider Llc Kopernik Global Investors purchased 121,515 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was bought at an average cost of C$2.37 per share, with a total value of C$287,990.55. Following the purchase, the insider owned 43,648,028 shares of the company’s stock, valued at approximately C$103,445,826.36. This trade represents a 0.28% increase in their position. Insiders own 1.86% of the company’s stock.

Northern Dynasty Minerals Company Profile

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty’s principal asset, owned through its wholly owned Alaska -based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project.