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

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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.

Analysts Set New Price Targets

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

Northern Dynasty Minerals Stock Down 1.1 %

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 firm’s 50 day simple moving average is C$0.72 and its 200-day simple moving average is C$0.56. The stock has a market capitalization of C$478.57 million, a price-to-earnings ratio of -29.67 and a beta of 0.75.

Insider Buying and Selling at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of Northern Dynasty Minerals 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. Company 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.