Northern Dynasty Minerals (TSE:NDM) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.75 and traded as high as C$2.97. Northern Dynasty Minerals shares last traded at C$2.83, with a volume of 1,401,220 shares traded.

Northern Dynasty Minerals Price Performance

The firm’s fifty day simple moving average is C$2.75 and its 200-day simple moving average is C$2.17. The firm has a market capitalization of C$1.56 billion, a PE ratio of -18.87 and a beta of -0.67. The company has a quick ratio of 3.93, a current ratio of 1.04 and a debt-to-equity ratio of 2.33.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last issued its earnings results on Friday, November 14th. The mining company reported C($0.01) EPS for the quarter. On average, research analysts forecast that Northern Dynasty Minerals Ltd. will post -0.02 earnings per share for the current fiscal year.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.