Market Momentum: Northern Dynasty Minerals Ltd (NAK) Registers a -0.35 Decrease, Closing at 0.71

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Northern Dynasty Minerals Ltd (AMEX: NAK) closed the day trading at $0.71 down -0.35% from the previous closing price of $0.71. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 1.75 million shares were traded. NAK stock price reached its highest trading level at $0.718 during the session, while it also had its lowest trading level at $0.6921.

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 383626848 and an Enterprise Value of 360643872.

Stock Price History:

The Beta on a monthly basis for NAK is 0.37, which has changed by 1.4482758 over the last 52 weeks, in comparison to a change of 0.08275449 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 $0.27. The 50-Day Moving Average of the stock is 4.31%, while the 200-Day Moving Average is calculated to be 53.44%.

Shares Statistics:

Over the past 3-months, NAK traded about 4.15M shares per day on average, while over the past 10 days, NAK traded about 3565460 shares per day. 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 11.82% stake in the company. Shares short for NAK as of 1740700800 were 6129948 with a Short Ratio of 1.48, compared to 1738281600 on 7423834. Therefore, it implies a Short% of Shares Outstanding of 6129948 and a Short% of Float of 1.2999999.

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