Northern Dynasty Minerals Ltd. (TSE:NDM – Get Free Report) (NYSE:NAK)’s share price fell 38% during trading on Wednesday . The company traded as low as C$1.52 and last traded at C$1.71. 5,601,469 shares changed hands during mid-day trading, an increase of 242% from the average session volume of 1,637,922 shares. The stock had previously closed at C$2.76.
Key Northern Dynasty Minerals News
Here are the key news stories impacting Northern Dynasty Minerals this week:
- Negative Sentiment: Northern Dynasty reported updated timelines for the Pebble Mine litigation in Alaska, including revised briefing and hearing schedules that extend the period before any final court decision — prolonging uncertainty around project approval and potential monetization. Northern Dynasty Updates Pebble Mine Litigation Timelines in Alaska Court
- Negative Sentiment: The company filed a formal update on summary judgment scheduling that confirms procedural steps will continue through additional briefing and court dates; this keeps the asset encumbered by legal risk and delays clarity on whether the project can progress toward permitting or sale. Northern Dynasty Minerals: Update of Timelines for Summary Judgement Case
Northern Dynasty Minerals Stock Performance
The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33. The stock has a market capitalization of C$944.83 million, a price-to-earnings ratio of -11.40 and a beta of -0.53. The firm has a fifty day moving average of C$2.90 and a 200-day moving average of C$2.31.
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.
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