Northern Dynasty Minerals Ltd. (AMEX:NAK) does about 1.05M shares in volume on a normal day but saw 6187809 shares change hands in the recent trading day. The company now has a market cap of 236.33M USD. Its current market price is $0.44, marking an increase of 9.19% compared to the previous close of $0.40. The 52 week high reached by this stock is $0.42 whilst the lowest price level in 52 weeks is $0.23.
Northern Dynasty Minerals Ltd. (NAK) has a 20-day trading average at $0.3505 and the current price is 4.64% off the 52-week high compared with 91.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3487 and its 200-day simple moving average is $0.3124. If we look at the stock’s price movements over the week, volatility stands at 8.61%, which decreases to 6.30% 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 74.10 to suggest the stock is overbought.
The consensus objective for the share price is $0.80, suggesting that the stock has a potential upside of 45.0% 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.
The current price level is 25.38%, 26.04%, and 40.70% away from its SMA20, SMA50, and SMA200 respectively, with the NAK price moving below the 50-day SMA on current market day. Northern Dynasty Minerals Ltd. (NAK) stock is up 16.30% over the week and 29.26% over the past month. Its price is 35.94% year-to-date and 35.94% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and -0.02 for whole year.
To reach the target analysts have set, the stock logically needs to grow 45.0 percent from here.
Outstanding shares total 538.48M with insiders holding 1.86% of the shares and institutional holders owning 13.76% of the company’s common stock. The company has a return on investment of -14.24% and return on equity of -13.52%. The beta has a value of 0.56. Price to book ratio is 2.73.
