Northern Dynasty Minerals (TSE:NDM) Stock Price Down 10.9% – What’s Next?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s stock price fell 10.9% during mid-day trading on Monday . The company traded as low as C$1.35 and last traded at C$1.39. 634,667 shares were traded during trading, a decline of 0% from the average session volume of 635,892 shares. The stock had previously closed at C$1.56.

Analyst Upgrades and Downgrades

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

Northern Dynasty Minerals Stock Down 10.9 %

The firm’s 50 day simple moving average is C$1.18 and its two-hundred day simple moving average is C$0.89. The firm has a market cap of C$754.99 million, a price-to-earnings ratio of -44.06 and a beta of 0.75. The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33.

Insider Buying and Selling

In other news, insider Bruce Wayne Jenkins sold 25,000 shares of the company’s stock in a transaction that occurred 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. 1.86% of the stock is currently owned by company insiders.

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.