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

Northern Dynasty Minerals Ltd. (TSE:NDMGet Free Report) (NYSE:NAK)’s share price hit a new 52-week high on Wednesday . The company traded as high as C$0.77 and last traded at C$0.77, with a volume of 569244 shares. The stock had previously closed at C$0.70.

Northern Dynasty Minerals Trading Up 8.6 %

The company has a market cap of C$408.67 million, a PE ratio of -25.67 and a beta of 0.75. The business has a 50 day simple moving average of C$0.59 and a two-hundred day simple moving average of C$0.50. The company has a current ratio of 0.61, a quick ratio of 3.93 and a debt-to-equity ratio of 2.65.

Insiders Place Their Bets

In related news, Director Robert Allan Dickinson sold 100,000 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of C$0.59, for a total value of C$59,010.00. Corporate insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

(Get Free Report)

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in 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, the United States.

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