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Northern Dynasty Minerals (TSE:NDM) Share Price Passes Above 50-Day Moving Average Following Insider Selling

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK crossed above its fifty day moving average during trading on Wednesday after an insider bought additional shares in the company. The stock has a fifty day moving average of C$1.84 and traded as high as C$3.19. Northern Dynasty Minerals shares last traded at C$3.14, with a volume of 4,058,409 shares trading hands.

Northern Dynasty Minerals Price Performance

The stock's fifty day moving average is C$1.86 and its 200-day moving average is C$1.41. The stock has a market capitalization of C$754.99 million, a PE ratio of -44.06 and a beta of 0.75. The company has a debt-to-equity ratio of 2.33, a current ratio of 1.04 and a quick ratio of 3.93.

Northern Dynasty Minerals Company Profile

(Get Free Report)

Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.

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