Northern Dynasty Minerals (TSE:NDM) Trading 9.4% Higher – Here’s Why

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) were up 9.4% on Friday . The stock traded as high as C$1.05 and last traded at C$1.05. Approximately 185,245 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 584,294 shares. The stock had previously closed at C$0.96.

Northern Dynasty Minerals Stock Performance

The company has a current ratio of 0.61, a quick ratio of 3.93 and a debt-to-equity ratio of 2.65. The firm has a market capitalization of C$548.47 million, a price-to-earnings ratio of -34.00 and a beta of 0.75. The stock has a fifty day moving average price of C$0.68 and a 200-day moving average price of C$0.54.

Insider Transactions at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of the business’s 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. 1.86% of the stock is owned by insiders.

Northern Dynasty Minerals Company Profile

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.