Northern Dynasty Minerals (NYSEAMERICAN:NAK) Shares Pass Above 200 Day Moving Average - Should You Sell?

Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM's share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.42. Northern Dynasty Minerals shares last traded at $0.42, with a volume of 2,478,406 shares.

Northern Dynasty Minerals Price Performance

The firm has a market cap of $227.13 million, a P/E ratio of -10.56 and a beta of 0.53.

Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM last posted its quarterly earnings data on Wednesday, August 14th. The mining company reported ($0.01) EPS for the quarter. Equities analysts expect that Northern Dynasty Minerals Ltd. will post -0.03 EPS for the current fiscal year.

Institutional Trading of Northern Dynasty Minerals

Several large investors have recently modified their holdings of NAK. Smith Anglin Financial LLC grew its stake in shares of Northern Dynasty Minerals by 61.5% in the 3rd quarter. Smith Anglin Financial LLC now owns 105,000 shares of the mining company's stock valued at $35,000 after buying an additional 40,000 shares during the period. GAM Holding AG increased its holdings in Northern Dynasty Minerals by 56.3% during the 2nd quarter. GAM Holding AG now owns 500,000 shares of the mining company's stock worth $155,000 after purchasing an additional 180,000 shares in the last quarter. Cadinha & Co. LLC lifted its holdings in shares of Northern Dynasty Minerals by 40.0% in the third quarter. Cadinha & Co. LLC now owns 1,400,000 shares of the mining company's stock valued at $464,000 after purchasing an additional 400,000 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Northern Dynasty Minerals by 1.3% during the first quarter. Russell Investments Group Ltd. now owns 7,425,864 shares of the mining company's stock valued at $2,356,000 after buying an additional 94,095 shares during the last quarter. Finally, Herr Investment Group LLC bought a new stake in Northern Dynasty Minerals during the first quarter worth $2,986,000. Institutional investors and hedge funds own 10.55% of the company's stock.

Northern Dynasty Minerals Company Profile

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.