Northern Dynasty Minerals (TSE:NDM) Sets New 52-Week Low – Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s stock price reached a new 52-week low on Monday. The company traded as low as C$1.23 and last traded at C$1.23, with a volume of 42,096 shares. The stock had previously closed at C$1.26.

Northern Dynasty Minerals Trading Down 4.0%

The company has a debt-to-equity ratio of 889.83, a quick ratio of 3.92 and a current ratio of 0.50. The company has a market capitalization of C$680.17 million, a P/E ratio of -10.08 and a beta of 0.08. The company’s fifty day simple moving average is C$2.01 and its 200-day simple moving average is C$2.41.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last announced its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.06) earnings per share for the quarter. Research analysts predict that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current year.

Insiders Place Their Bets

In other Northern Dynasty Minerals news, insider Adam Jonathan Chodos sold 45,000 shares of the business’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of C$1.96, for a total value of C$88,200.00. Following the completion of the transaction, the insider directly owned 43,000 shares in the company, valued at approximately C$84,280. The trade was a 51.14% decrease in their ownership of the stock. Also, insider Llc Kopernik Global Investors purchased 121,515 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were purchased at an average cost of C$2.37 per share, with a total value of C$287,990.55. Following the completion of the transaction, the insider owned 43,648,028 shares of the company’s stock, valued at approximately C$103,445,826.36. The trade was a 0.28% increase in their position. 1.86% of the stock is owned by corporate insiders.

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.