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Northern Dynasty Minerals (TSE:NDM) Shares Cross 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's stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.50 and traded as high as C$0.60. Northern Dynasty Minerals shares last traded at C$0.58, with a volume of 312,698 shares trading hands.

Northern Dynasty Minerals Price Performance

The stock's 50-day moving average is C$0.50 and its 200 day moving average is C$0.46. The stock has a market capitalization of C$381.78 million, a PE ratio of -24.00 and a beta of 0.75. The company has a debt-to-equity ratio of 2.65, a quick ratio of 3.93 and a current ratio of 0.61.

Northern Dynasty Minerals (TSE:NDM - Get Free Report) NYSE: NAK last posted its earnings results on Wednesday, August 14th. The mining company reported C($0.01) earnings per share for the quarter. As a group, equities analysts expect that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current year.

About Northern Dynasty Minerals

(Get Free Report)

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.

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