The financial markets reacted to the news that Anglo American had left the Pebble Partnership by driving the price of the sole remaining partner’s stock to an all-time low.
At the close of trading today, Northern Dynasty Minerals was selling for about a $1.50 a share. A year ago it was at $5. At the close of trading last week it was at $2.22.
On an average day, about 173,000 shares of Northern Dynasty are traded. Today it was 4 million.
Northern Dynasty is owned by the Vancouver mining firm Hunter Dickinson, Incorporated, which has a number of mineral projects around the world.