Northern Dynasty Minerals (TSE:NDM) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.76 and traded as high as C$1.02. Northern Dynasty Minerals shares last traded at C$1.01, with a volume of 415,033 shares.

Analyst Ratings Changes

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

Northern Dynasty Minerals Price Performance

The company has a debt-to-equity ratio of 2.65, a quick ratio of 3.93 and a current ratio of 0.61. The firm has a market capitalization of C$526.97 million, a P/E ratio of -32.67 and a beta of 0.75. The business has a fifty day moving average of C$0.76 and a 200-day moving average of C$0.59.

Insider Activity at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of C$0.59, for a total value of C$59,010.00. Company insiders own 1.86% of the company’s stock.

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.