Northern Dynasty Minerals (TSE:NDM) Reaches New 1-Year High – Here’s Why

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s share price hit a new 52-week high during trading on Friday . The company traded as high as C$0.82 and last traded at C$0.81, with a volume of 539606 shares changing hands. The stock had previously closed at C$0.73.

Northern Dynasty Minerals Stock Performance

The company has a debt-to-equity ratio of 2.65, a quick ratio of 3.93 and a current ratio of 0.61. The company has a market capitalization of C$440.93 million, a price-to-earnings ratio of -27.33 and a beta of 0.75. The firm has a 50-day simple moving average of C$0.66 and a two-hundred day simple moving average of C$0.53.

Insider Activity at Northern Dynasty Minerals

In other 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. Company insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

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.