Northern Dynasty Minerals (TSE:NDM) Hits New 12-Month Low – Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) shares hit a new 52-week low during mid-day trading on Monday. The stock traded as low as C$1.23 and last traded at C$1.23, with a volume of 42,096 shares traded. The stock had previously closed at C$1.26.

Northern Dynasty Minerals Price Performance

The stock has a market capitalization of C$674.55 million, a PE ratio of -10.00 and a beta of 0.08. The firm’s 50 day simple moving average is C$1.96 and its 200 day simple moving average is C$2.40. The company has a debt-to-equity ratio of 889.83, a current ratio of 0.50 and a quick ratio of 3.92.

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 forecast that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current fiscal year.

Insider Activity at Northern Dynasty Minerals

In other news, insider Llc Kopernik Global Investors purchased 121,515 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average cost of C$2.37 per share, for a total transaction of C$287,990.55. Following the completion of the transaction, the insider directly owned 43,648,028 shares of the company’s stock, valued at C$103,445,826.36. This trade represents a 0.28% increase in their position. Also, insider Adam Jonathan Chodos sold 45,000 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of C$1.96, for a total transaction of C$88,200.00. Following the sale, the insider owned 43,000 shares in the company, valued at approximately C$84,280. This trade represents a 51.14% decrease in their position. 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.