Northern Dynasty Minerals (TSE:NDM) Share Price Crosses Above 50-Day Moving Average of $0.40

Shares of Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.40 and traded as high as C$0.44. Northern Dynasty Minerals shares last traded at C$0.42, with a volume of 297,637 shares trading hands.

Northern Dynasty Minerals Trading Up 10.5 %

The stock has a market cap of C$226.16 million, a price-to-earnings ratio of -10.50 and a beta of 0.78. The company has a quick ratio of 3.93, a current ratio of 0.80 and a debt-to-equity ratio of 1.92. The business’s 50 day simple moving average is C$0.40 and its 200 day simple moving average is C$0.40.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last announced its quarterly earnings results on Wednesday, May 15th. The mining company reported C($0.01) EPS for the quarter. On average, research analysts expect that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current fiscal year.

Insider Transactions at Northern Dynasty Minerals

In other news, Director Robert Allan Dickinson sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of C$0.45, for a total transaction of C$90,280.00. 1.94% of the stock is currently owned by corporate insiders.

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.