Northern Dynasty Minerals (TSE:NDM) Reaches New 12-Month Low – Here’s Why

Northern Dynasty Minerals Ltd. (TSE:NDM – Get Free Report) (NYSE:NAK) shares reached a new 52-week low on Tuesday. The stock traded as low as C$1.43 and last traded at C$1.46, with a volume of 90,622 shares traded. The stock had previously closed at C$1.60.

Northern Dynasty Minerals Price Performance

The stock has a market capitalization of C$798.21 million, a PE ratio of -11.83 and a beta of 0.08. The stock’s 50 day moving average is C$2.09 and its two-hundred day moving average is C$2.42. The company has a debt-to-equity ratio of 889.83, a quick ratio of 3.92 and a current ratio of 0.50.

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

Insider Activity at Northern Dynasty Minerals

In other news, insider Llc Kopernik Global Investors bought 121,515 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were acquired at an average price of C$2.37 per share, for a total transaction of C$287,990.55. Following the completion of the transaction, the insider directly owned 43,648,028 shares in the company, valued at C$103,445,826.36. The trade was a 0.28% increase in their position. Also, insider Adam Jonathan Chodos sold 45,000 shares of Northern Dynasty Minerals stock in a transaction that occurred on Friday, September 25th. The stock was 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 in the company, valued at C$84,280. This represents a 51.14% decrease in their ownership of the stock. Company insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

(Get Free Report)

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.

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