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

Northern Dynasty Minerals Ltd. (TSE:NDMGet Free Report) (NYSE:NAK) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$2.13 and last traded at C$2.10, with a volume of 2329169 shares. The stock had previously closed at C$1.81.

Northern Dynasty Minerals Stock Performance

The business has a fifty day moving average of C$1.56 and a 200-day moving average of C$1.21. The company has a market cap of C$1.14 billion, a PE ratio of -66.56 and a beta of 0.75. The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33.

Insider Activity

In related news, insider Bruce Wayne Jenkins sold 50,000 shares of the business’s 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. 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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