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.
The price of Northern Dynasty Minerals Ltd (AMEX: NAK) closed at $0.60 in the last session, up 1.67% from day before closing price of $0.59. In other words, the price has increased by $1.67 from its previous closing price. On the day, 3.52 million shares were traded.
Ratios:
We take a closer look at NAK’s different ratios to gain a better understanding of the stock. 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.
Stock Price History:
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 -6.00%, while the 200-Day Moving Average is calculated to be 37.91%.
Shares Statistics:
A total of 537.72M shares are outstanding, with a floating share count of 527.00M. Insiders hold about 1.99% of the company’s shares, while institutions hold 12.63% stake in the company.