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 $0.82 in the last session, down -2.60% from day before closing price of $0.85. In other words, the price has decreased by -$2.60 from its previous closing price. On the day, 4.23 million shares were traded. NAK stock price reached its highest trading level at $0.8449 during the session, while it also had its lowest trading level at $0.8202.
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 0.32 and its Current Ratio is at 0.32. In the meantime, Its Debt-to-Equity ratio is 2.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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.
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 454600512 and an Enterprise Value of 432345536.
Stock Price History:
The Beta on a monthly basis for NAK is -0.65, which has changed by 1.3428571 over the last 52 weeks, in comparison to a change of 0.18189907 over the same period for the S&P500. Over the past 52 weeks, NAK has reached a high of $2.40, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -27.26%, while the 200-Day Moving Average is calculated to be -9.26%.
Shares Statistics:
According to the various share statistics, NAK traded on average about 13.40M shares per day over the past 3-months and 3936300 shares per day over the past 10 days. A total of 541.30M shares are outstanding, with a floating share count of 529.64M. Insiders hold about 1.69% of the company’s shares, while institutions hold 14.11% stake in the company. Shares short for NAK as of 1755216000 were 24346488 with a Short Ratio of 1.82, compared to 1752537600 on 22174420. Therefore, it implies a Short% of Shares Outstanding of 24346488 and a Short% of Float of 5.0200000000000005.
Earnings Estimates
Currently, 1.0 analysts are dedicated to thoroughly evaluating and rating the performance of Northern Dynasty Minerals Ltd (NAK) in the stock market.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 -$0.04 and -$0.11 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is -$0.04, with 2.0 analysts recommending between -$0.04 and -$0.04.