Northern Dynasty Minerals (TSE:NDM) Stock Price Down 10.9% - What's Next?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price was down 10.9% during mid-day trading on Monday . The stock traded as low as C$1.35 and last traded at C$1.39. Approximately 971,914 shares were traded during trading, an increase of 52% from the average daily volume of 640,391 shares. The stock had previously closed at C$1.56.

Analyst Ratings Changes

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

Northern Dynasty Minerals Stock Down 1.9 %

The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93. The firm has a 50-day moving average price of C$1.23 and a 200 day moving average price of C$0.92. The company has a market cap of C$847.32 million, a price-to-earnings ratio of -49.44 and a beta of 0.75.

Insider Buying and Selling

In related news, insider Bruce Wayne Jenkins sold 25,000 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of C$1.65, for a total transaction of C$41,360.00. 1.86% of the stock is currently owned by corporate insiders.

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.