Northern Dynasty Minerals (TSE:NDM) Trading Down 38% – Time to Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s share price fell 38% during mid-day trading on Wednesday . The stock traded as low as C$1.52 and last traded at C$1.71. 5,601,469 shares were traded during trading, an increase of 242% from the average session volume of 1,637,922 shares. The stock had previously closed at C$2.76.

Northern Dynasty Minerals Trading Down 38.0%

The stock has a market cap of C$944.83 million, a P/E ratio of -11.40 and a beta of -0.53. The stock’s 50-day moving average is C$2.92 and its two-hundred day moving average is C$2.31. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93.

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.