Northern Dynasty Minerals (TSE:NDM) Insider Sells C$310,000.00 in Stock

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) insider Trevor Thomas sold 100,000 shares of Northern Dynasty Minerals stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of C$3.10, for a total value of C$310,000.00. Following the completion of the sale, the insider owned 172,000 shares in the company, valued at approximately C$533,200. This trade represents a 36.76% decrease in their ownership of the stock.

Northern Dynasty Minerals Price Performance

NDM stock traded down C$0.11 on Friday, reaching C$2.86. 752,788 shares of the company’s stock were exchanged, compared to its average volume of 1,695,134. The stock has a fifty day moving average of C$2.31 and a 200-day moving average of C$2.55. The firm has a market cap of C$1.60 billion, a PE ratio of -15.05 and a beta of -0.63. The company has a quick ratio of 3.93, a current ratio of 0.55 and a debt-to-equity ratio of 17.95. Northern Dynasty Minerals Ltd. has a twelve month low of C$1.00 and a twelve month high of C$4.19.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last released its earnings results on Friday, May 15th. The mining company reported C$0.01 EPS for the quarter. As a group, equities analysts predict that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current fiscal year.

About Northern Dynasty Minerals

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.