Northern Dynasty Minerals (TSE:NDM) Insider Buys 121,515 Shares

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) insider Llc Kopernik Global Investors purchased 121,515 shares of the stock in a transaction on Monday, August 31st. The stock was acquired at an average cost of C$2.37 per share, with a total value of C$287,990.55. Following the completion of the purchase, the insider directly owned 43,648,028 shares of the company’s stock, valued at C$103,445,826.36. The trade was a 0.28% increase in their ownership of the stock.

Northern Dynasty Minerals Trading Up 2.8%

Shares of TSE:NDM traded up C$0.06 on Wednesday, reaching C$2.21. 596,388 shares of the company traded hands, compared to its average volume of 1,383,577. The business’s 50-day simple moving average is C$2.36 and its 200 day simple moving average is C$2.44. Northern Dynasty Minerals Ltd. has a 52 week low of C$1.10 and a 52 week high of C$4.19. The stock has a market capitalization of C$1.24 billion, a P/E ratio of -18.42 and a beta of -0.41. The company has a current ratio of 0.50, a quick ratio of 3.92 and a debt-to-equity ratio of 889.83.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last released its earnings results on Wednesday, August 12th. The mining company reported C($0.06) earnings per share for the quarter. As a group, equities analysts anticipate that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current fiscal year.

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.