Northern Dynasty Minerals (TSE:NDM) Stock Crosses Above 50-Day Moving Average - Here's What Happened

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.24 and traded as high as C$1.63. Northern Dynasty Minerals shares last traded at C$1.59, with a volume of 1,652,455 shares.

Northern Dynasty Minerals Stock Up 1.4 %

The firm has a market capitalization of C$793.01 million, a P/E ratio of -46.27 and a beta of 0.75. The stock has a fifty day moving average price of C$1.29 and a two-hundred day moving average price of C$0.96. The company has a debt-to-equity ratio of 2.33, a quick ratio of 3.93 and a current ratio of 1.04.

Insider Transactions at Northern Dynasty Minerals

In related news, insider Bruce Wayne Jenkins sold 25,000 shares of the business's stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of C$1.65, for a total transaction of C$41,360.00. Insiders own 1.86% of the company's stock.

Northern Dynasty Minerals Company Profile

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.