Northern Dynasty Minerals (TSE:NDM) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s share price crossed 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 changing hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded Northern Dynasty Minerals to a “strong-buy” rating in a report on Thursday, January 2nd.

Northern Dynasty Minerals Stock Up 1.0 %

The company has a current ratio of 0.61, a quick ratio of 3.93 and a debt-to-equity ratio of 2.65. The business’s fifty day moving average price is C$0.76 and its two-hundred day moving average price is C$0.59. The firm has a market cap of C$526.97 million, a P/E ratio of -32.67 and a beta of 0.75.

Insider Buying and Selling at Northern Dynasty Minerals

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

Northern Dynasty Minerals Company Profile

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.