Northern Dynasty Minerals (TSE:NDM) Releases Earnings Results

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) posted its earnings results on Friday. The mining company reported C$0.01 EPS for the quarter, FiscalAI reports.

Northern Dynasty Minerals Trading Down 5.1%

TSE NDM opened at C$2.82 on Friday. The company has a debt-to-equity ratio of 174.11, a current ratio of 0.71 and a quick ratio of 3.93. The firm’s fifty day moving average price is C$2.33 and its 200 day moving average price is C$2.55. The company has a market capitalization of C$1.58 billion, a price-to-earnings ratio of -14.84 and a beta of -0.63. Northern Dynasty Minerals has a 12 month low of C$1.00 and a 12 month high of C$4.19.

Insiders Place Their Bets

In related news, insider Trevor Thomas sold 100,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of C$3.10, for a total value of C$310,000.00. Following the transaction, the insider directly owned 172,000 shares of the company’s stock, valued at C$533,200. This trade represents a 36.76% decrease in their position. Also, insider Llc Kopernik Global Investors bought 3,301,941 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was bought at an average cost of C$1.68 per share, for a total transaction of C$5,547,260.88. Following the completion of the transaction, the insider directly owned 43,375,769 shares in the company, valued at approximately C$72,871,291.92. The trade was a 8.24% increase in their ownership of the stock. Insiders sold a total of 257,066 shares of company stock worth $774,845 over the last ninety days. Insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty’s principal asset, owned through its wholly owned Alaska -based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project.