Northern Dynasty Minerals (TSE:NDM) Sets New 1-Year Low – Here’s What Happened

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s share price reached a new 52-week low on Friday. The stock traded as low as C$0.76 and last traded at C$0.77, with a volume of 1,730,428 shares traded. The stock had previously closed at C$0.86.

Northern Dynasty Minerals Stock Performance

The company has a quick ratio of 3.92, a current ratio of 0.50 and a debt-to-equity ratio of 889.83. The company has a market capitalization of C$421.59 million, a P/E ratio of -6.25 and a beta of -0.14. The company’s 50-day moving average is C$1.53 and its two-hundred day moving average is C$2.23.

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

Insider Buying and Selling

In other Northern Dynasty Minerals news, insider Adam Jonathan Chodos sold 45,000 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of C$1.96, for a total value of C$88,200.00. Following the completion of the sale, the insider directly owned 43,000 shares of the company’s stock, valued at C$84,280. The trade was a 51.14% decrease in their ownership of the stock. Also, insider Llc Kopernik Global Investors purchased 121,515 shares of the business’s stock in a transaction on Monday, August 31st. The shares were acquired at an average price of C$2.37 per share, with a total value of C$287,990.55. Following the completion of the transaction, 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 ownership of the stock. 1.86% of the stock is owned by company insiders.

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.