Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Northern Dynasty Minerals Ltd.’s stock clocked out at $0.29, up 3.17% from its previous closing price of $0.28. In other words, the price has increased by $3.17 from its previous closing price. On the day, 1.96 million shares were traded. NAK stock price reached its highest trading level at $0.3111 during the session, while it also had its lowest trading level at $0.2875.
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 0.16 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 157558672 and an Enterprise Value of 142019664.
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 2.29%, while the 200-Day Moving Average is calculated to be -2.16%.
Shares Statistics:
It appears that NAK traded 1.75M shares on average per day over the past three months and 2054680 shares per day over the past ten days. A total of 538.48M shares are outstanding, with a floating share count of 518.88M. Insiders hold about 2.14% of the company’s shares, while institutions hold 10.13% stake in the company. Shares short for NAK as of 1711584000 were 7001779 with a Short Ratio of 4.01, compared to 1709164800 on 6846015. Therefore, it implies a Short% of Shares Outstanding of 7001779 and a Short% of Float of 1.48.
Earnings Estimates
The dynamic stock of Northern Dynasty Minerals Ltd. (NAK) is currently attracting attention from Nokia Corporation Sponsored analysts actively involved in rating its market status.The consensus estimate for the next quarter is $0.29, with high estimates of $81.60 and low estimates of $3.80.
