Northern Dynasty Minerals (TSE:NDM) Issues Earnings Results

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) announced its earnings results on Wednesday. The mining company reported C($0.06) EPS for the quarter, FiscalAI reports.

Northern Dynasty Minerals Stock Performance

Shares of Northern Dynasty Minerals stock remained flat at C$2.29 during trading hours on Friday. The stock had a trading volume of 270,332 shares, compared to its average volume of 1,426,084. The firm has a market capitalization of C$1.28 billion, a price-to-earnings ratio of -22.90 and a beta of -0.41. Northern Dynasty Minerals has a 52 week low of C$1.10 and a 52 week high of C$4.19. The business’s 50-day simple moving average is C$2.49 and its 200 day simple moving average is C$2.49. The company has a debt-to-equity ratio of 174.11, a current ratio of 0.71 and a quick ratio of 3.92.

Insider Activity at Northern Dynasty Minerals

In related news, insider Llc Kopernik Global Investors sold 300,000 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of C$3.06, for a total transaction of C$918,000.00. Following the completion of the sale, the insider directly owned 2,367,576 shares in the company, valued at approximately C$7,244,782.56. This trade represents a 11.25% decrease in their ownership of the stock. Insiders sold 534,304 shares of company stock worth $1,628,213 over the last three months. Corporate insiders own 1.86% of the company’s stock.

Northern Dynasty Minerals Company Profile

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.