Market Recap Check: Northern Dynasty Minerals Ltd. (NAK)’s Positive Finish at 0.30, Up/Down 0.07

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

The price of Northern Dynasty Minerals Ltd. (AMEX: NAK) closed at $0.30 in the last session, up 0.07% from day before closing price of $0.30. In other words, the price has increased by $0.07 from its previous closing price. On the day, 0.77 million shares were traded. NAK stock price reached its highest trading level at $0.305 during the session, while it also had its lowest trading level at $0.293.

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 0.16 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 163502368 and an Enterprise Value of 144388976.

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 0.35%, while the 200-Day Moving Average is calculated to be -1.60%.

Shares Statistics:

According to the various share statistics, NAK traded on average about 1.52M shares per day over the past 3-months and 648950 shares per day over the past 10 days. A total of 538.48M shares are outstanding, with a floating share count of 527.26M. Insiders hold about 2.08% of the company’s shares, while institutions hold 12.32% stake in the company. Shares short for NAK as of 1713139200 were 6363177 with a Short Ratio of 4.17, compared to 1710460800 on 6682348. Therefore, it implies a Short% of Shares Outstanding of 6363177 and a Short% of Float of 1.35.

Most Popular

[the_ad id="945"]