Northern Dynasty Minerals (TSE:NDM) Sets New 52-Week High - What's Next?

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK reached a new 52-week high on Saturday . The company traded as high as C$1.32 and last traded at C$1.31, with a volume of 3253619 shares traded. The stock had previously closed at C$1.01.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised Northern Dynasty Minerals to a "strong-buy" rating in a research note on Thursday, January 2nd.

Northern Dynasty Minerals Trading Down 7.7 %

The company has a debt-to-equity ratio of 2.33, a quick ratio of 3.93 and a current ratio of 1.04. The stock has a 50-day moving average of C$1.01 and a two-hundred day moving average of C$0.76. The company has a market cap of C$847.32 million, a P/E ratio of -49.44 and a beta of 0.75.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.