Northern Dynasty Minerals Ltd (AMEX:NAK) does about 1.82M shares in volume on a normal day but saw 3844641 shares change hands in the recent trading day. The company now has a market cap of 360.28M USD. Its current market price is $0.49, marking an increase of 7.81% compared to the previous close of $0.45. The 52 week high reached by this stock is $0.56 whilst the lowest price level in 52 weeks is $0.23. The script in recent trading has seen the stock touch a high of $1.3 and a low of $1.3.
Northern Dynasty Minerals Ltd (NAK) has a 20-day trading average at $0.4417 and the current price is -12.96% off the 52-week high compared with 111.82% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3871 and its 200-day simple moving average is $0.3295. If we look at the stock’s price movements over the week, volatility stands at 8.70%, which increases to 8.93% 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 61.86 to suggest the stock is neutral.
The consensus objective for the share price is $1.30, suggesting that the stock has a potential upside of 62.31% over the period. The median price target is 62.31% away from the current levels at $1.3.
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 10.33%, 25.92%, and 47.91% 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 3.70% over the week and 21.09% over the past month. Its price is 50.76% year-to-date and 36.07% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -0.01 below consensus estimates by -0.01. The company’s next earnings report forecasts estimating quarterly EPS at -0.01 and -0.04 for whole year.
Its 12-month price target is $1.3. To reach the target analysts have set, the stock logically needs to grow 62.31 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $1.3, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $1.3.
Outstanding shares total 538.48M with insiders holding 1.84% of the shares and institutional holders owning 17.24% of the company’s common stock. The company has a return on investment of -15.08% and return on equity of -14.26%. The beta has a value of 0.54. Price to book ratio is 3.15.
