Northern Dynasty Minerals (TSE:NDM) Stock Price Down 10.9% – Should You Sell?

by · The Cerbat Gem

Northern Dynasty Minerals Ltd. (TSE:NDM – Get Free Report) (NYSE:NAK)’s share price fell 10.9% during mid-day trading on Monday . The stock traded as low as C$1.35 and last traded at C$1.39. 784,367 shares were traded during mid-day trading, an increase of 23% from the average session volume of 637,644 shares. The stock had previously closed at C$1.56.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on NDM

Northern Dynasty Minerals Trading Down 12.8 %

The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33. The firm has a market cap of C$738.69 million, a PE ratio of -43.11 and a beta of 0.75. The company’s 50-day moving average is C$1.18 and its 200 day moving average is C$0.89.

Insider Activity at Northern Dynasty Minerals

In other 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 value of C$41,360.00. 1.86% of the stock is currently owned by insiders.

About Northern Dynasty Minerals

(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.

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