Northern Dynasty Minerals (TSE:NDM) Trading 9.4% Higher – Still a Buy?

Northern Dynasty Minerals Ltd. (TSE:NDMGet Free Report) (NYSE:NAK)’s stock price shot up 9.4% during trading on Friday . The company traded as high as C$1.05 and last traded at C$1.05. 185,245 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 584,294 shares. The stock had previously closed at C$0.96.

Northern Dynasty Minerals Stock Performance

The stock has a market cap of C$532.34 million, a P/E ratio of -33.00 and a beta of 0.75. The firm’s 50-day moving average is C$0.69 and its two-hundred day moving average is C$0.55. The company has a quick ratio of 3.93, a current ratio of 0.61 and a debt-to-equity ratio of 2.65.

Insiders Place Their Bets

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of C$0.59, for a total transaction of C$59,010.00. Insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

(Get Free Report)

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.

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