Northern Dynasty Minerals (TSE:NDM) Stock Price Passes Above 50 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$0.72 and traded as high as C$0.94. Northern Dynasty Minerals shares last traded at C$0.89, with a volume of 285,804 shares traded.

Wall Street Analysts Forecast Growth

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

Northern Dynasty Minerals Stock Performance

The stock has a market capitalization of C$478.57 million, a P/E ratio of -29.67 and a beta of 0.75. The company has a quick ratio of 3.93, a current ratio of 0.61 and a debt-to-equity ratio of 2.65. The company has a 50-day moving average price of C$0.72 and a two-hundred day moving average price of C$0.56.

Insider Buying and Selling

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of Northern Dynasty Minerals stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of C$0.59, for a total transaction of C$59,010.00. 1.86% of the stock is currently owned by insiders.

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.