Northern Dynasty Minerals (TSE:NDM) Trading 2.9% Higher - Still a Buy?

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shot up 2.9% on Friday . The stock traded as high as C$0.71 and last traded at C$0.70. 33,143 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 110,733 shares. The stock had previously closed at C$0.68.

Northern Dynasty Minerals Stock Up 2.9 %

The stock has a 50-day moving average price of C$0.58 and a 200-day moving average price of C$0.50. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.61 and a quick ratio of 3.93. The company has a market capitalization of C$376.40 million, a P/E ratio of -23.33 and a beta of 0.75.

Insider Buying and Selling

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of C$0.59, for a total transaction of C$59,010.00. 1.86% of the stock is owned by insiders.

About Northern Dynasty Minerals

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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