Northern Dynasty Minerals Ltd (NAK) Testing Investors’ Patience Right Now

Currently, there are 537.79M common shares owned by the public and among those 527.84M shares have been available to trade.

The company’s stock has a 5-day price change of 1.55% and 46.51% over the past three months. NAK shares are trading 69.39% year to date (YTD), with the 12-month market performance up to 247.32% higher. It has a 12-month low price of $0.27 and touched a high of $1.29 over the same period. NAK has an average intraday trading volume of 6.60 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.00%, 18.77%, and 81.90% respectively.

Institutional ownership of Northern Dynasty Minerals Ltd (AMEX: NAK) shares accounts for 11.63% of the company’s 537.79M shares outstanding.

It has a market capitalization of $530.50M and a beta (3y monthly) value of -0.26. The earnings-per-share (ttm) stands at -$0.05. Price movements for the stock have been influenced by the stock’s volatility, which stands at 14.28% over the week and 16.36% over the month.

Earnings per share for the fiscal year are expected to decrease by -2.46%, and -2.41% over the next financial year. EPS should shrink at an annualized rate of 7.67% over the next five years, compared to 19.53% over the past 5-year period.

Looking at the support for the NAK, a number of firms have released research notes about the stock. H.C. Wainwright stated their Buy rating for the stock in a research note on October 19, 2017, with the firm’s price target at $2.50. Gabelli & Co coverage for the Northern Dynasty Minerals Ltd (NAK) stock in a research note released on December 21, 2016 offered a Buy rating with a price target of $3. BMO Capital Markets on their part issued Outperform rating on January 30, 2008.

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