Should You Sell Northern Dynasty Minerals Ltd. (NAK) And Go Away This Year?

Northern Dynasty Minerals Ltd. (AMEX:NAK) currently has a daily average trading volume of 1.68M but it saw 1701301 shares traded in last market. With a market cap of 172.59M USD, the company’s current market price of $0.33 came rising about 3.92 while comparing to the previous closing price of $0.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.43 and as low as $0.21.

Taking a look at 20-day trading activity of Northern Dynasty Minerals Ltd. (NAK) gives us an average price of $0.3131, while its current price level is -24.26% below from 52-week high level whereas it is 57.72% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2772 while that of 200 days or SMA-200 reads an average of $0.2963. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.88% during that period while stretching the period over a month that increases to 7.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.10 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the H.C. Wainwright which initiated the stock as “Buy” in its note to investors issued on October 19, 2017, recommending a price target of $2.50 for it.

Over the week, NAK’s stock price is moving 4.02% up while it is 12.12% when we observe its performance for the past one month. Year-to-date it is 0.74% up and over the past year, the stock is showing an upside performance of 33.65%.

Currently, Northern Dynasty Minerals Ltd.’s total number of outstanding shares is 538.48M with 1.99% of that held by the insiders while 9.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -16.60% and return on equity (ROE) at -15.66%. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 1.88. Its return on asset (ROA) is -14.39% on average.