Northern Dynasty Minerals (TSE:NDM) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.39 and traded as high as C$2.45. Northern Dynasty Minerals shares last traded at C$2.35, with a volume of 905,273 shares.

Northern Dynasty Minerals Stock Performance

The firm has a market cap of C$1.32 billion, a PE ratio of -19.58 and a beta of -0.41. The business has a 50 day simple moving average of C$2.39 and a two-hundred day simple moving average of C$2.45. The company has a quick ratio of 3.92, a current ratio of 0.50 and a debt-to-equity ratio of 889.83.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last posted its quarterly earnings results on Wednesday, August 12th. The mining company reported C($0.06) EPS for the quarter. As a group, equities research analysts forecast that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current fiscal year.

About Northern Dynasty Minerals

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty’s principal asset, owned through its wholly owned Alaska -based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project.