Northern Dynasty Minerals (TSE:NDM) Shares Down 38% – Here’s What Happened

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) fell 38% during mid-day trading on Thursday . The stock traded as low as C$1.52 and last traded at C$1.71. 5,601,469 shares changed hands during trading, an increase of 242% from the average session volume of 1,637,922 shares. The stock had previously closed at C$2.76.

Northern Dynasty Minerals News Roundup

Here are the key news stories impacting Northern Dynasty Minerals this week:

• Neutral Sentiment: Northern Dynasty filed updates to the summary-judgment schedule in Alaska federal court, setting new timelines for briefing and hearings that keep the dispute active but procedural for now — this extends uncertainty around resolution and potential remedies. Northern Dynasty Updates Pebble Mine Litigation Timelines in Alaska Court Northern Dynasty Update of Timelines for Summary Judgement Case
• Negative Sentiment: The U.S. Department of Justice filed support for the EPA’s veto of federal permitting for the Pebble Mine, strengthening the government’s regulatory position and making a successful permitting pathway materially less likely — a direct negative for Northern Dynasty’s core project valuation and near-term investor sentiment. DOJ Support For EPA Veto Puts Northern Dynasty Minerals Outlook In Focus

Northern Dynasty Minerals Trading Down 38.0%

The company has a 50-day moving average of C$2.90 and a 200 day moving average of C$2.31. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93. The company has a market cap of C$944.83 million, a PE ratio of -11.40 and a beta of -0.53.

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.