Market Update: Northern Dynasty Minerals Ltd. (NAK) Sees Positive Movement, Closing at 0.34

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In the latest session, Northern Dynasty Minerals Ltd. (AMEX: NAK) closed at $0.34 up 0.24% from its previous closing price of $0.34. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.63 million shares were traded. NAK stock price reached its highest trading level at $0.3497 during the session, while it also had its lowest trading level at $0.3352.

Ratios:

For a deeper understanding of Northern Dynasty Minerals Ltd.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 0.17 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 181266768 and an Enterprise Value of 172676848.

Stock Price History:

Over the past 52 weeks, NAK has reached a high of $0.42, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is -5.50%, while the 200-Day Moving Average is calculated to be 8.65%.

Shares Statistics:

For the past three months, NAK has traded an average of 1.21M shares per day and 678400 over the past ten days. A total of 538.48M shares are outstanding, with a floating share count of 527.14M. Insiders hold about 1.97% of the company’s shares, while institutions hold 11.58% stake in the company. Shares short for NAK as of 1724976000 were 5806640 with a Short Ratio of 4.81, compared to 1722384000 on 6025564. Therefore, it implies a Short% of Shares Outstanding of 5806640 and a Short% of Float of 1.23000005.

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