Northern Dynasty Minerals (TSE:NDM) Insider Trevor Thomas Sells 100,000 Shares

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) insider Trevor Thomas sold 100,000 shares of the company’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$3.10, for a total transaction of C$310,000.00. Following the completion of the sale, the insider directly owned 172,000 shares of the company’s stock, valued at C$533,200. The trade was a 36.76% decrease in their ownership of the stock.

Northern Dynasty Minerals Stock Performance

Shares of TSE:NDM traded down C$0.11 on Friday, reaching C$2.86. The company’s stock had a trading volume of 752,788 shares, compared to its average volume of 1,695,134. The stock’s 50-day moving average is C$2.31 and its two-hundred day moving average is C$2.55. Northern Dynasty Minerals Ltd. has a 52-week low of C$1.00 and a 52-week high of C$4.19. The company has a debt-to-equity ratio of 17.95, a current ratio of 0.55 and a quick ratio of 3.93. The stock has a market capitalization of C$1.60 billion, a P/E ratio of -15.05 and a beta of -0.63.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last announced its earnings results on Friday, May 15th. The mining company reported C$0.01 EPS for the quarter. As a group, sell-side analysts forecast that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current year.

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.