Northern Dynasty Minerals (TSE:NDM) Trading 10.4% Higher - Still a Buy?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's share price was up 10.4% during trading on Tuesday . The company traded as high as C$1.52 and last traded at C$1.49. Approximately 712,903 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 623,059 shares. The stock had previously closed at C$1.35.

Analyst Upgrades and Downgrades

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

Northern Dynasty Minerals Stock Performance

The business's fifty day moving average price is C$1.18 and its 200-day moving average price is C$0.89. The stock has a market capitalization of C$847.32 million, a PE ratio of -49.44 and a beta of 0.75. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93.

Insider Buying and Selling at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 25,000 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$1.65, for a total value of C$41,360.00. Insiders own 1.86% of the company's stock.

About Northern Dynasty Minerals

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.