Northern Dynasty Minerals Ltd. (AMEX:NAK) does about 2.11M shares in volume on a normal day but saw 1634104 shares change hands in Tuesday trading. The company now has a market cap of 164.28M USD. Its current market price is $0.31, marking a decrease of -1.90% compared to the previous close of $0.32. The 52 week high reached by this stock is $0.43 whilst the lowest price level in 52 weeks is $0.21.
Northern Dynasty Minerals Ltd. (NAK) has a 20-day trading average at $0.3034 and the current price is -27.91% off the 52-week high compared with 50.12% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2704 and its 200-day simple moving average is $0.2936. If we look at the stock’s price movements over the week, volatility stands at 4.31%, which increases to 8.16% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.93 to suggest the stock is neutral.
The consensus objective for the share price is $1.20, suggesting that the stock has a potential upside of 74.17% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 19, 2017 when H.C. Wainwright initiated the stock to “Buy” and issued a price target of $2.50.
Its price is -4.11% year-to-date and 26.63% over the past year.
To reach the target analysts have set, the stock logically needs to grow 74.17 percent from here.
Outstanding shares total 529.92M with insiders holding 1.99% of the shares and institutional holders owning 9.45% of the company’s common stock. The company has a return on investment of -18.83% and return on equity of -17.34%. The beta has a value of 0.78. Price to book ratio is 1.76.
