Northern Dynasty Minerals (TSE:NDM) Hits New 1-Year High – Here’s What Happened

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$1.10 and last traded at C$1.10, with a volume of 58053 shares. The stock had previously closed at C$1.06.

Analyst Ratings Changes

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

Northern Dynasty Minerals Stock Performance

The company has a market cap of C$559.23 million, a price-to-earnings ratio of -34.67 and a beta of 0.75. The firm’s 50 day simple moving average is C$0.86 and its 200-day simple moving average is C$0.64. The company has a debt-to-equity ratio of 2.65, a quick ratio of 3.93 and a current ratio of 0.61.

About Northern Dynasty Minerals

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.