A glimpse at Northern Dynasty Minerals Ltd.’s potential climb to old highs

The closing price of Northern Dynasty Minerals Ltd. (AMEX: NAK) was $0.32 for the day, up 9.52% from the previous closing price of $0.29. In other words, the price has increased by $+0.0280 from its previous closing price. On the day, 2298229 shares were traded.

Ratios:

Our analysis of NAK’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on October 19, 2017, initiated with a Buy rating and assigned the stock a target price of $2.50.

On December 21, 2016, Gabelli & Co started tracking the stock assigning a Buy rating and target price of $3.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAK now has a Market Capitalization of 173.10M and an Enterprise Value of 172.46M.

Stock Price History:

Over the past 52 weeks, NAK has reached a high of $0.43, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is 0.2652, while the 200-Day Moving Average is calculated to be 0.2908.

Shares Statistics:

NAK traded an average of 2.09M shares per day over the past three months and 2.35M shares per day over the past ten days. A total of 529.78M shares are outstanding, with a floating share count of 498.15M. Insiders hold about 2.18% of the company’s shares, while institutions hold 10.55% stake in the company. Shares short for NAK as of Feb 29, 2024 were 6.85M with a Short Ratio of 3.28, compared to 6.51M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.27% and a Short% of Float of 1.45%.

Earnings Estimates

The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.03 and -$0.03 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Most Popular

[the_ad id="945"]