Market Recap: Northern Dynasty Minerals Ltd (NAK)’s Negative Momentum, Closing at 0.50

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The closing price of Northern Dynasty Minerals Ltd (AMEX: NAK) was $0.50 for the day, down -2.70% from the previous closing price of $0.52. In other words, the price has decreased by -$2.70 from its previous closing price. On the day, 1.66 million shares were traded. NAK stock price reached its highest trading level at $0.529 during the session, while it also had its lowest trading level at $0.5002.

Ratios:

Our analysis of NAK’s different ratios will help us gain a deeper understanding of the company. 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 273304160 and an Enterprise Value of 236558496.

Stock Price History:

Over the past 52 weeks, NAK has reached a high of $0.58, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 10.90%, while the 200-Day Moving Average is calculated to be 41.23%.

Shares Statistics:

NAK traded an average of 2.40M shares per day over the past three months and 2971790 shares per day over the past ten days. 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 12.82% stake in the company. Shares short for NAK as of 1730332800 were 5557161 with a Short Ratio of 2.60, compared to 1727654400 on 5874890. Therefore, it implies a Short% of Shares Outstanding of 5557161 and a Short% of Float of 1.17999995.

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