Northern Dynasty Minerals (TSE:NDM) Trading 7.2% Higher

Northern Dynasty Minerals Ltd (TSE:NDM) (NYSE:NAK) traded up 7.2% during trading on Thursday . The company traded as high as C$0.77 and last traded at C$0.74, 891,788 shares changed hands during mid-day trading. An increase of 162% from the average session volume of 340,112 shares. The stock had previously closed at C$0.69.

Separately, TD Securities reduced their price target on Northern Dynasty Minerals from C$1.00 to C$0.75 and set a “hold” rating on the stock in a research report on Thursday, December 19th.

The company has a current ratio of 0.75, a quick ratio of 0.70 and a debt-to-equity ratio of 0.95. The firm has a 50-day moving average of C$0.58 and a 200 day moving average of C$0.73. The company has a market cap of $299.73 million and a P/E ratio of -3.87.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last announced its earnings results on Thursday, November 14th. The mining company reported C($0.05) EPS for the quarter. On average, equities analysts predict that Northern Dynasty Minerals Ltd will post -0.09 EPS for the current year.

About Northern Dynasty Minerals (TSE:NDM)

Northern Dynasty Minerals Ltd. acquires, explores for, and develops mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project that includes 2,402 mineral claims covering approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.

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