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

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as C$1.09 and last traded at C$1.07, with a volume of 68964 shares traded. The stock had previously closed at C$1.05.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised shares of Northern Dynasty Minerals to a “strong-buy” rating in a research report on Thursday, January 2nd.

Northern Dynasty Minerals Trading Up 4.8 %

The company has a debt-to-equity ratio of 2.65, a current ratio of 0.61 and a quick ratio of 3.93. The company’s fifty day moving average is C$0.77 and its 200-day moving average is C$0.60. The stock has a market cap of C$591.49 million, a PE ratio of -36.67 and a beta of 0.75.

Insider Buying and Selling

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of Northern Dynasty Minerals stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of C$0.59, for a total value of C$59,010.00. 1.86% of the stock is currently owned by corporate insiders.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States.