Northern Dynasty Minerals Ltd. (NAK)’s Market Momentum: Closing Strong at 0.39, Down -5.77

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As of close of business last night, Northern Dynasty Minerals Ltd.’s stock clocked out at $0.39, down -5.77% from its previous closing price of $0.41. In other words, the price has decreased by -$5.77 from its previous closing price. On the day, 3.72 million shares were traded. NAK stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.367.

Ratios:

To gain a deeper understanding of NAK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.80. 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 228335280 and an Enterprise Value of 197340240.

Stock Price History:

The Beta on a monthly basis for NAK is 0.64, which has changed by 0.55480266 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, NAK has reached a high of $0.43, while it has fallen to a 52-week low of $0.23. The 50-Day Moving Average of the stock is 27.85%, while the 200-Day Moving Average is calculated to be 27.72%.

Shares Statistics:

It appears that NAK traded 1.08M shares on average per day over the past three months and 2225885 shares per day over the past ten days. A total of 538.48M shares are outstanding, with a floating share count of 526.75M. Insiders hold about 2.04% of the company’s shares, while institutions hold 13.83% stake in the company. Shares short for NAK as of 1719532800 were 6595933 with a Short Ratio of 6.08, compared to 1717113600 on 6037147. Therefore, it implies a Short% of Shares Outstanding of 6595933 and a Short% of Float of 1.39999995.

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