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Northern Dynasty Minerals (TSE:NDM) Sets New 12-Month High - Should You Buy?

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares reached a new 52-week high on Monday . The stock traded as high as C$0.63 and last traded at C$0.61, with a volume of 525891 shares traded. The stock had previously closed at C$0.56.

Northern Dynasty Minerals Trading Up 8.9 %

The company's fifty day simple moving average is C$0.47 and its two-hundred day simple moving average is C$0.45. The company has a quick ratio of 3.93, a current ratio of 0.61 and a debt-to-equity ratio of 2.65. The company has a market capitalization of C$328.01 million, a price-to-earnings ratio of -20.33 and a beta of 0.75.

Northern Dynasty Minerals (TSE:NDM - Get Free Report) NYSE: NAK last posted its earnings results on Wednesday, August 14th. The mining company reported C($0.01) earnings per share for the quarter. Research analysts forecast that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current fiscal year.

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.

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Should you invest $1,000 in Northern Dynasty Minerals right now?

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