Northern Dynasty Minerals (TSE:NDM) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Key Points

• Shares of Northern Dynasty Minerals Ltd. (TSE:NDM) have fallen below their 50-day moving average of C$1.84, trading as low as C$1.00.
• The company's market capitalization stands at C$564.88 million, with a negative price-to-earnings ratio of -32.96.
• Insider transactions revealed that directors have sold over 1.46 million shares in the past ninety days, totaling approximately C$4.2 million.

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.84 and traded as low as C$1.00. Northern Dynasty Minerals shares last traded at C$1.04, with a volume of 3,247,460 shares changing hands.

Northern Dynasty Minerals Trading Down 1.9%

The business has a 50-day moving average price of C$1.82 and a two-hundred day moving average price of C$1.42. The stock has a market capitalization of C$575.75 million, a P/E ratio of -33.60 and a beta of 0.75. The company has a current ratio of 1.04, a quick ratio of 3.93 and a debt-to-equity ratio of 2.33.

Insider Buying and Selling at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, Director James Eduard Fueg sold 51,000 shares of the company's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of C$2.95, for a total value of C$150,450.00. Also, Director Michael Heatwole sold 102,000 shares of Northern Dynasty Minerals stock in a transaction on Monday, July 14th. The stock was sold at an average price of C$2.94, for a total transaction of C$300,186.00. Insiders have sold a total of 1,468,914 shares of company stock worth $4,208,570 in the last three months. Company 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.