Key Points
- Insider selling accelerated: Kopernik Global Investors sold 207,150 Northern Dynasty Minerals shares for C$627,664.50 on May 27, and then sold additional blocks on May 28 and May 29. The sales reduced its ownership by 7.14%.
- Recent trading contrasts with prior buying: The same insider had previously bought more than 4.4 million shares in mid-March at C$1.68 per share, showing a much larger accumulation before the recent sales. This suggests a notable shift in trading activity.
- Company snapshot and valuation: Northern Dynasty Minerals shares were trading at C$3.17, near the top of their 52-week range of C$1.00 to C$4.19. The company reported C$0.01 EPS for the last quarter, and analysts expect a slight loss for the full year.
Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) (NYSE:NAK) insider Llc Kopernik Global Investors sold 27,154 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of C$3.04, for a total value of C$82,548.16. Following the completion of the transaction, the insider directly owned 2,667,576 shares in the company, valued at C$8,109,431.04. This trade represents a 1.01% decrease in their ownership of the stock.
Llc Kopernik Global Investors also recently made the following trade(s):
- On Wednesday, May 27th, Llc Kopernik Global Investors sold 207,150 shares of Northern Dynasty Minerals stock. The stock was sold at an average price of C$3.03, for a total value of C$627,664.50.
- On Friday, May 29th, Llc Kopernik Global Investors sold 300,000 shares of Northern Dynasty Minerals stock. The stock was sold at an average price of C$3.06, for a total value of C$918,000.00.
- On Wednesday, May 6th, Llc Kopernik Global Investors sold 107,066 shares of Northern Dynasty Minerals stock. The stock was sold at an average price of C$2.95, for a total value of C$315,844.70.
- On Wednesday, May 6th, Llc Kopernik Global Investors sold 50,000 shares of Northern Dynasty Minerals stock. The stock was sold at an average price of C$2.98, for a total value of C$149,000.00.
- On Thursday, March 19th, Llc Kopernik Global Investors bought 3,301,941 shares of Northern Dynasty Minerals stock. The stock was purchased at an average cost of C$1.68 per share, for a total transaction of C$5,547,260.88.
- On Friday, March 20th, Llc Kopernik Global Investors bought 1,166,845 shares of Northern Dynasty Minerals stock. The stock was purchased at an average cost of C$1.68 per share, for a total transaction of C$1,960,299.60.
Northern Dynasty Minerals Trading Down 2.2%
Shares of NDM opened at C$3.17 on Tuesday. Northern Dynasty Minerals Ltd. has a twelve month low of C$1.00 and a twelve month high of C$4.19. The firm has a market capitalization of C$1.78 billion, a P/E ratio of -31.70 and a beta of -0.63. The company has a current ratio of 0.71, a quick ratio of 3.93 and a debt-to-equity ratio of 174.11. The stock's fifty day simple moving average is C$2.57 and its 200 day simple moving average is C$2.58.
Northern Dynasty Minerals (TSE:NDM - Get Free Report) (NYSE:NAK) last announced its quarterly earnings results on Friday, May 15th. The mining company reported C$0.01 earnings per share (EPS) for the quarter. On average, equities research analysts forecast that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current year.
Northern Dynasty Minerals Company Profile
(
Get Free Report)
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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