For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Northern Dynasty Minerals Ltd’s stock clocked out at $0.51, down -2.61% from its previous closing price of $0.52. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 1.16 million shares were traded. NAK stock price reached its highest trading level at $0.5214 during the session, while it also had its lowest trading level at $0.5011.
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 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 272948736 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 14.63%, while the 200-Day Moving Average is calculated to be 43.76%.
Shares Statistics:
It appears that NAK traded 2.26M shares on average per day over the past three months and 2518800 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 2.76, compared to 1727654400 on 5874890. Therefore, it implies a Short% of Shares Outstanding of 5557161 and a Short% of Float of 1.17999995.