Northern Dynasty Minerals (TSE:NDM) Sets New 52-Week Low – Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) hit a new 52-week low on Monday. The stock traded as low as C$1.23 and last traded at C$1.23, with a volume of 42,096 shares. The stock had previously closed at C$1.26.

Northern Dynasty Minerals Price Performance

The firm has a market cap of C$680.17 million, a PE ratio of -10.08 and a beta of 0.08. The company has a quick ratio of 3.92, a current ratio of 0.50 and a debt-to-equity ratio of 889.83. The stock has a 50 day moving average price of C$2.01 and a two-hundred day moving average price of C$2.41.

Northern Dynasty Minerals (TSE:NDM) (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. As a group, equities analysts expect that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current year.

Insider Activity

In other news, insider Llc Kopernik Global Investors acquired 121,515 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were acquired at an average cost of C$2.37 per share, with a total value of C$287,990.55. Following the completion of the acquisition, the insider owned 43,648,028 shares of the company’s stock, valued at approximately C$103,445,826.36. This trade represents a 0.28% increase in their ownership of the stock. Also, insider Adam Jonathan Chodos sold 45,000 shares of Northern Dynasty Minerals stock in a transaction dated 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 sale, the insider directly owned 43,000 shares of the company’s stock, valued at C$84,280. This trade represents a 51.14% decrease in their position. 1.86% of the stock is currently owned by insiders.

Northern Dynasty Minerals Company Profile

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.