Northern Dynasty Minerals (TSE:NDM) Releases Earnings Results

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

Northern Dynasty Minerals Price Performance

Shares of TSE NDM traded down C$0.15 during trading on Friday, reaching C$2.82. The company had a trading volume of 1,156,089 shares, compared to its average volume of 1,697,121. Northern Dynasty Minerals has a twelve month low of C$1.00 and a twelve month high of C$4.19. The stock has a market capitalization of C$1.58 billion, a PE ratio of -14.84 and a beta of -0.63. The stock has a 50-day moving average price of C$2.31 and a two-hundred day moving average price of C$2.55. The company has a current ratio of 0.55, a quick ratio of 3.93 and a debt-to-equity ratio of 17.95.

Insiders Place Their Bets

In other Northern Dynasty Minerals news, 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 purchased 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 purchase, the insider owned 43,375,769 shares of the company’s stock, valued at C$72,871,291.92. This trade represents a 8.24% increase in their position. Also, insider Trevor Thomas sold 100,000 shares of the company’s 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 completion of the transaction, the insider 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. Over the last three months, insiders sold 257,066 shares of company stock valued at $774,845. 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.