Northern Dynasty Minerals (TSE:NDM) Trading 11.9% Higher - What's Next?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's share price traded up 11.9% during trading on Tuesday . The stock traded as high as C$1.52 and last traded at C$1.51. 602,106 shares were traded during mid-day trading, a decline of 3% from the average session volume of 621,518 shares. The stock had previously closed at C$1.35.

Wall Street Analysts Forecast Growth

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 Performance

The stock has a market cap 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. The stock has a 50-day simple moving average of C$1.18 and a 200-day simple moving average of C$0.89.

Insider Activity

In related news, insider Bruce Wayne Jenkins sold 25,000 shares of the company'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. Corporate insiders own 1.86% of the company's stock.

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.