Northern Dynasty Minerals (TSE:NDM) Announces Quarterly Earnings Results

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

Northern Dynasty Minerals Stock Performance

NDM opened at C$2.36 on Thursday. The company has a debt-to-equity ratio of 174.11, a quick ratio of 3.92 and a current ratio of 0.71. Northern Dynasty Minerals has a 52-week low of C$1.10 and a 52-week high of C$4.19. The firm has a market cap of C$1.32 billion, a P/E ratio of -23.60 and a beta of -0.41. The business’s fifty day moving average is C$2.51 and its 200-day moving average is C$2.50.

Insider Activity

In related news, insider Llc Kopernik Global Investors sold 300,000 shares of Northern Dynasty Minerals stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of C$3.06, for a total value of C$918,000.00. Following the transaction, the insider directly owned 2,367,576 shares of the company’s stock, valued at C$7,244,782.56. This trade represents a 11.25% decrease in their ownership of the stock. In the last quarter, insiders have sold 534,304 shares of company stock worth $1,628,213. Company insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

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.