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Northern Dynasty Minerals (TSE:NDM) Stock Price Up 9.4% - Here's Why

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price was up 9.4% during trading on Friday . The stock traded as high as C$1.05 and last traded at C$1.05. Approximately 185,245 shares traded hands during trading, a decline of 68% from the average daily volume of 584,294 shares. The stock had previously closed at C$0.96.

Northern Dynasty Minerals Price Performance

The firm has a market capitalization of C$532.34 million, a price-to-earnings ratio of -33.00 and a beta of 0.75. The company has a current ratio of 0.61, a quick ratio of 3.93 and a debt-to-equity ratio of 2.65. The business has a 50-day moving average price of C$0.69 and a two-hundred day moving average price of C$0.55.

Insiders Place Their Bets

In related 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 value of C$59,010.00. 1.86% of the stock is owned by corporate insiders.

About Northern Dynasty Minerals

(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.

Further Reading

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