Northern Dynasty Minerals (TSE:NDM) Stock Passes Above Fifty Day Moving Average - What's Next?

Northern Dynasty Minerals Ltd. (TSE:NDM - Get Free Report) NYSE: NAK crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.72 and traded as high as C$0.94. Northern Dynasty Minerals shares last traded at C$0.89, with a volume of 285,804 shares traded.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group raised Northern Dynasty Minerals to a "strong-buy" rating in a report on Thursday, January 2nd.

Northern Dynasty Minerals Trading Down 1.1 %

The company has a quick ratio of 3.93, a current ratio of 0.61 and a debt-to-equity ratio of 2.65. The company has a market cap of C$478.57 million, a price-to-earnings ratio of -29.67 and a beta of 0.75. The business has a fifty day simple moving average of C$0.72 and a 200 day simple moving average of C$0.56.

Insider Activity at Northern Dynasty Minerals

In other Northern Dynasty Minerals news, Director Robert Allan Dickinson sold 100,000 shares of the company's stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of C$0.59, for a total value of C$59,010.00. Company insiders own 1.86% of the company's stock.

About Northern Dynasty Minerals

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States.