Analysts Offer Predictions for Northern Dynasty Minerals Ltd.’s FY2024 Earnings (TSE:NDM)

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) – Investment analysts at HC Wainwright issued their FY2024 earnings per share estimates for Northern Dynasty Minerals in a research report issued to clients and investors on Wednesday, July 3rd. HC Wainwright analyst H. Ihle forecasts that the mining company will post earnings of ($0.04) per share for the year. The consensus estimate for Northern Dynasty Minerals’ current full-year earnings is ($0.02) per share. HC Wainwright also issued estimates for Northern Dynasty Minerals’ FY2025 earnings at ($0.04) EPS.

Northern Dynasty Minerals Price Performance

Shares of TSE NDM opened at C$0.43 on Monday. The stock has a market cap of C$231.55 million, a PE ratio of -10.75 and a beta of 0.78. Northern Dynasty Minerals has a fifty-two week low of C$0.30 and a fifty-two week high of C$0.58. The company has a debt-to-equity ratio of 1.92, a quick ratio of 3.93 and a current ratio of 0.80. The stock has a fifty day moving average of C$0.41 and a 200-day moving average of C$0.40.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last issued its earnings results on Wednesday, May 15th. The mining company reported C($0.01) earnings per share (EPS) for the quarter.

Insider Activity

In other news, Director Robert Allan Dickinson sold 200,000 shares of Northern Dynasty Minerals stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of C$0.45, for a total value of C$90,280.00. 1.94% of the stock is owned by company insiders.

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.