Northern Dynasty Minerals (TSE:NDM) Stock Price Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• Northern Dynasty Minerals Ltd. (TSE:NDM) stock price has fallen below its fifty-day moving average of C$1.81, trading as low as C$1.07 before closing at C$1.12.
• The company has reported insider selling, with significant transactions occurring on July 14th, including a total of C$4,208,570 worth of shares sold over the last three months.
• Northern Dynasty Minerals has a market capitalization of C$608.33 million and operates primarily through the exploration and development of its core asset, the Pebble Project in Alaska.

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK's stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.81 and traded as low as C$1.07. Northern Dynasty Minerals shares last traded at C$1.12, with a volume of 2,122,659 shares changing hands.

Northern Dynasty Minerals Trading Up 6.8%

The stock has a market cap of C$684.38 million, a PE ratio of -39.94 and a beta of 0.75. The business has a 50-day moving average of C$1.79 and a 200 day moving average of C$1.43. 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 Buying and Selling at Northern Dynasty Minerals

In other news, Director Ronald William Thiessen sold 600,000 shares of the firm's stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$3.01, for a total transaction of C$1,803,600.00. Also, Director James Eduard Fueg sold 51,000 shares of Northern Dynasty Minerals stock in a transaction on Monday, July 14th. The shares were sold at an average price of C$2.95, for a total value of C$150,450.00. Over the last quarter, insiders sold 1,468,914 shares of company stock valued at $4,208,570. Corporate 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.