Northern Dynasty Minerals (TSE:NDM) Share Price Crosses Below 50 Day Moving Average – What’s Next?

Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$2.33 and traded as low as C$1.70. Northern Dynasty Minerals shares last traded at C$1.72, with a volume of 817,362 shares trading hands.

Northern Dynasty Minerals Stock Down 6.5%

The company has a quick ratio of 3.93, a current ratio of 0.68 and a debt-to-equity ratio of 5.22. The company has a market cap of C$950.36 million, a P/E ratio of -11.47 and a beta of -1.10. The company has a fifty day moving average of C$2.33 and a 200 day moving average of C$2.41.

About Northern Dynasty Minerals

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.