Northern Dynasty Minerals (TSE:NDM) Stock Passes Above 50-Day Moving Average – Should You Sell?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$2.26 and traded as high as C$2.36. Northern Dynasty Minerals shares last traded at C$2.29, with a volume of 809,640 shares trading hands.

Northern Dynasty Minerals Stock Up 4.6%

The company has a market capitalization of C$1.27 billion, a price-to-earnings ratio of -15.27 and a beta of -0.37. The company has a debt-to-equity ratio of 2.33, a quick ratio of 3.93 and a current ratio of 1.04. The stock’s fifty day simple moving average is C$2.26 and its two-hundred day simple moving average is C$1.80.

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

About Northern Dynasty Minerals

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.