Shares of Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK rose 10.4% during mid-day trading on Tuesday . The stock traded as high as C$1.52 and last traded at C$1.49. Approximately 859,446 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 625,151 shares. The stock had previously closed at C$1.35.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group upgraded shares of Northern Dynasty Minerals to a "strong-buy" rating in a report on Thursday, January 2nd.
Read Our Latest Analysis on NDM
Northern Dynasty Minerals Stock Performance
The firm has a 50 day moving average price of C$1.18 and a 200-day moving average price of C$0.88. 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 company has a market cap of C$847.32 million, a P/E ratio of -49.44 and a beta of 0.75.
Insiders Place Their Bets
In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 25,000 shares of the business's stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$1.65, for a total transaction of C$41,360.00. Company insiders own 1.86% of the company's stock.
Northern Dynasty Minerals Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Northern Dynasty Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northern Dynasty Minerals wasn't on the list.
While Northern Dynasty Minerals currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
