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

Northern Dynasty Minerals logo with Basic Materials background

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$1.32 and traded as high as C$1.55. Northern Dynasty Minerals shares last traded at C$1.48, with a volume of 1,042,202 shares traded.

Northern Dynasty Minerals Price Performance

The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33. The firm has a market capitalization of C$749.56 million, a price-to-earnings ratio of -43.74 and a beta of 0.75. The stock's 50 day moving average price is C$1.35 and its two-hundred day moving average price is C$1.00.

Insider Buying and Selling

In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 25,000 shares of the company's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of C$1.65, for a total transaction of C$41,360.00. 1.86% of the stock is currently owned by corporate insiders.

About Northern Dynasty Minerals

(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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