Northern Dynasty Minerals (TSE:NDM) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.81 and traded as high as C$3.22. Northern Dynasty Minerals shares last traded at C$2.96, with a volume of 1,154,475 shares trading hands.

Northern Dynasty Minerals Stock Down 1.0%

The stock has a market capitalization of C$1.67 billion, a P/E ratio of -29.80 and a beta of -0.49. The stock has a 50 day moving average price of C$2.84 and a 200-day moving average price of C$2.63. The company has a debt-to-equity ratio of 174.11, a current ratio of 0.71 and a quick ratio of 3.92.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last released its earnings results on Friday, May 15th. The mining company reported C$0.01 earnings per share for the quarter. As a group, research analysts expect that Northern Dynasty Minerals Ltd. will post -0.02 EPS for the current fiscal year.

Insider Buying and Selling at Northern Dynasty Minerals

In other news, insider Adam Jonathan Chodos sold 55,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of C$3.12, for a total transaction of C$171,600.00. Following the completion of the sale, the insider owned 43,000 shares of the company’s stock, valued at approximately C$134,160. This represents a 56.12% decrease in their ownership of the stock. Also, insider Llc Kopernik Global Investors sold 300,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of C$3.06, for a total value of C$918,000.00. Following the sale, the insider directly owned 2,367,576 shares of the company’s stock, valued at approximately C$7,244,782.56. This trade represents a 11.25% decrease in their position. Over the last 90 days, insiders sold 846,370 shares of company stock worth $2,574,657. 1.86% of the stock is currently owned by insiders.

Northern Dynasty Minerals Company Profile

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty’s principal asset, owned through its wholly owned Alaska -based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project.