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Northern Dynasty Minerals (TSE:NDM) Trading 5.8% Higher - What's Next?

Northern Dynasty Minerals logo with Basic Materials background
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Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shot up 5.8% during trading on Wednesday . The stock traded as high as C$0.93 and last traded at C$0.91. 282,898 shares traded hands during trading, a decline of 12% from the average session volume of 322,211 shares. The stock had previously closed at C$0.86.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on NDM

Northern Dynasty Minerals Stock Up 1.0 %

The company has a market cap of C$575.75 million, a P/E ratio of -33.60 and a beta of 0.75. The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33. The company has a fifty day moving average of C$0.95 and a 200 day moving average of C$0.70.

Northern Dynasty Minerals Company Profile

(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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