Northern Dynasty Minerals (TSE:NDM) Share Price Crosses Below 50-Day Moving Average of $0.85

Northern Dynasty Minerals Ltd (TSE:NDM) (NYSE:NAK) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.85 and traded as low as $0.74. Northern Dynasty Minerals shares last traded at $0.76, with a volume of 41,191 shares trading hands.

Separately, TD Securities boosted their price objective on shares of Northern Dynasty Minerals from C$0.90 to C$1.30 and gave the stock a “hold” rating in a research note on Wednesday, July 31st.

The company has a market cap of $271.26 million and a P/E ratio of -3.68. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 1.02. The business’s 50 day moving average is C$0.85 and its 200 day moving average is C$0.77.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last issued its quarterly earnings data on Tuesday, August 13th. The mining company reported C($0.05) EPS for the quarter. As a group, equities research analysts forecast that Northern Dynasty Minerals Ltd will post -0.03 EPS for the current year.

In related news, Senior Officer Sean Magee sold 54,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$0.84, for a total value of C$45,360.00. Insiders sold 202,500 shares of company stock valued at $189,930 in the last three months.

Northern Dynasty Minerals Company Profile (TSE:NDM)

Northern Dynasty Minerals Ltd. acquires, explores for, and develops mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project that includes 2,402 mineral claims covering approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.

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