Northern Dynasty Minerals (TSE:NDM) Trading Down 8.9% – Time to Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) shares fell 8.9% during mid-day trading on Tuesday . The stock traded as low as C$1.75 and last traded at C$1.75. 1,420,979 shares were traded during mid-day trading, an increase of 3% from the average session volume of 1,379,988 shares. The stock had previously closed at C$1.92.

Northern Dynasty Minerals Trading Down 9.4%

The company has a debt-to-equity ratio of 889.83, a quick ratio of 3.92 and a current ratio of 0.50. The stock has a market capitalization of C$978.09 million, a price-to-earnings ratio of -14.50 and a beta of -0.41. The business has a fifty day simple moving average of C$2.25 and a 200 day simple moving average of C$2.42.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last released its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.06) EPS for the quarter. As a group, research analysts expect that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current year.

Insider Buying and Selling at Northern Dynasty Minerals

In related news, insider Llc Kopernik Global Investors purchased 121,515 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The stock was acquired at an average cost of C$2.37 per share, for a total transaction of C$287,990.55. Following the completion of the purchase, the insider owned 43,648,028 shares in the company, valued at approximately C$103,445,826.36. This represents a 0.28% increase in their position. 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.