Northern Dynasty Minerals (TSE:NDM) Shares Up 10.4% – Here’s Why

Posted by Ethan Ryder on Apr 16th, 2025

Northern Dynasty Minerals Ltd. (TSE:NDM – Get Free Report) (NYSE:NAK)’s share price rose 10.4% on Wednesday . The company traded as high as C$1.52 and last traded at C$1.49. Approximately 859,446 shares were traded during trading, an increase of 37% from the average daily volume of 625,151 shares. The stock had previously closed at C$1.35.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised shares of Northern Dynasty Minerals to a “strong-buy” rating in a research report on Thursday, January 2nd.

Read Our Latest Stock Analysis on Northern Dynasty Minerals

Northern Dynasty Minerals Stock Performance

The business has a 50-day moving average of C$1.15 and a 200 day moving average of C$0.87. 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$809.30 million, a PE ratio of -47.23 and a beta of 0.75.

Insider Transactions at Northern Dynasty Minerals

In other news, insider Bruce Wayne Jenkins sold 25,000 shares of the company’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of C$1.65, for a total value of C$41,360.00. Company insiders own 1.86% of the company’s stock.

About Northern Dynasty Minerals

(Get Free Report)

Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.