Northern Dynasty Minerals (TSE:NDM) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.84 and traded as high as C$1.07. Northern Dynasty Minerals shares last traded at C$1.06, with a volume of 95,287 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised shares of 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 market capitalization of C$569.98 million, a P/E ratio of -35.33 and a beta of 0.75. The company has a debt-to-equity ratio of 2.65, a current ratio of 0.61 and a quick ratio of 3.93. The company has a 50 day moving average of C$0.84 and a 200-day moving average of C$0.63.

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.