Northern Dynasty Minerals (TSE:NDM) Releases Earnings Results

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) released its quarterly earnings data on Friday. The mining company reported C$0.01 earnings per share for the quarter, FiscalAI reports.

Northern Dynasty Minerals Stock Down 5.1%

Northern Dynasty Minerals stock opened at C$2.82 on Friday. Northern Dynasty Minerals has a fifty-two week low of C$1.00 and a fifty-two week high of C$4.19. The firm has a market capitalization of C$1.58 billion, a price-to-earnings ratio of -14.84 and a beta of -0.63. The stock’s fifty day moving average is C$2.33 and its two-hundred day moving average is C$2.55. The company has a debt-to-equity ratio of 17.95, a quick ratio of 3.93 and a current ratio of 0.55.

Insider Buying and Selling at Northern Dynasty Minerals

In related news, insider Trevor Thomas sold 100,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$3.10, for a total value of C$310,000.00. Following the sale, the insider directly owned 172,000 shares of the company’s stock, valued at approximately C$533,200. This represents a 36.76% decrease in their position. Also, insider Llc Kopernik Global Investors bought 3,301,941 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were acquired at an average price of C$1.68 per share, with a total value of C$5,547,260.88. Following the completion of the acquisition, the insider directly owned 43,375,769 shares in the company, valued at C$72,871,291.92. This represents a 8.24% increase in their position. Insiders have sold a total of 257,066 shares of company stock valued at $774,845 in the last ninety days. Corporate insiders own 1.86% of the company’s stock.

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.