Northern Dynasty Minerals Ltd. is an AMEX listed security that has been trading in a range between $5.56 and $13.60 over the past year. With 91,907,820 shares outstanding, a recent price of $12.83 gives a total market capitalization of $1,173,221,673. While there are certainly larger companies, Northern Dynasty Minerals Ltd. has definitely earned its place in the pack. Last year, Northern Dynasty Minerals Ltd. created $-0.75 in earnings for every share outstanding.
Northern Dynasty Minerals Ltd. is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Northern Dynasty Minerals Ltd. is unlikely to be an interesting value proposition.
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1 comments:
Your analysis is incomplete. NDM owns one of the worlds largest deposits of copper, gold and molybdenum, located in Alaska. NDM is currently in negotiation to sell half of the deposit this year. The price will likely to mean a 3-5 times increase in share price this year.
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