In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Northern Dynasty Minerals Ltd (AMEX: NAK) closed the day trading at $0.71 down -5.97% from the previous closing price of $0.76. In other words, the price has decreased by -$5.97 from its previous closing price. On the day, 3.35 million shares were traded. NAK stock price reached its highest trading level at $0.7757 during the session, while it also had its lowest trading level at $0.7118.
Ratios:
For a better understanding of NAK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.18 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 390019648 and an Enterprise Value of 236558496.
Stock Price History:
The Beta on a monthly basis for NAK is 0.67, which has changed by 2.04 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, NAK has reached a high of $0.78, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 19.67%, while the 200-Day Moving Average is calculated to be 72.96%.
Shares Statistics:
Over the past 3-months, NAK traded about 3.44M shares per day on average, while over the past 10 days, NAK traded about 3776440 shares per day. A total of 537.72M shares are outstanding, with a floating share count of 527.17M. Insiders hold about 1.96% of the company’s shares, while institutions hold 10.83% stake in the company. Shares short for NAK as of 1730332800 were 5557161 with a Short Ratio of 1.62, compared to 1727654400 on 5874890. Therefore, it implies a Short% of Shares Outstanding of 5557161 and a Short% of Float of 1.17999995.
