Northern Dynasty Minerals (TSE:NDM) Reaches New 1-Year High – Here’s What Happened

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) shares reached a new 52-week high during trading on Friday . The stock traded as high as C$1.09 and last traded at C$1.07, with a volume of 68964 shares changing hands. The stock had previously closed at C$1.05.

Analyst Upgrades and Downgrades

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

Northern Dynasty Minerals Price Performance

The stock’s fifty day moving average price is C$0.79 and its 200-day moving average price is C$0.60. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.61 and a quick ratio of 3.93. The firm has a market cap of C$548.47 million, a price-to-earnings ratio of -34.00 and a beta of 0.75.

Insider Buying and Selling at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of C$0.59, for a total transaction of C$59,010.00. Company insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

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.