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

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

Northern Dynasty Minerals Stock Down 0.4%

TSE NDM traded down C$0.01 during trading on Wednesday, hitting C$2.36. The company’s stock had a trading volume of 789,192 shares, compared to its average volume of 1,435,703. Northern Dynasty Minerals has a fifty-two week low of C$1.10 and a fifty-two week high of C$4.19. The company has a market cap of C$1.32 billion, a PE ratio of -23.60 and a beta of -0.41. The company has a debt-to-equity ratio of 174.11, a current ratio of 0.71 and a quick ratio of 3.92. The business’s 50 day simple moving average is C$2.51 and its 200-day simple moving average is C$2.50.

Insider Activity at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, insider Llc Kopernik Global Investors sold 300,000 shares of the company’s 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 transaction of C$918,000.00. Following the transaction, the insider owned 2,367,576 shares in the company, valued at approximately C$7,244,782.56. This represents a 11.25% decrease in their position. Also, insider Adam Jonathan Chodos sold 55,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of C$3.12, for a total transaction of C$171,600.00. Following the completion of the transaction, the insider directly owned 43,000 shares of the company’s stock, valued at approximately C$134,160. This represents a 56.12% decrease in their position. Insiders sold a total of 589,304 shares of company stock valued at $1,799,813 over the last ninety days. 1.86% of the stock is currently owned by 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.