On Tuesday, October 13th, Northern Dynasty Minerals Ltd. (NYSE:NAK) made a downward shift of -0.66% on the prices of the day before.
$1.19 was its last close and the beta read (5Y monthly). The pricing range of the day was $1.1200-1.2150. The annual trailing PE ratio of the company is 0. The company has an increase of $2.49 and a decrease of $0.35 in terms of its 52-week price range. The stock of the company has made a profit of 17.82% in the past month.
Short term indicators give the stock a Hold average. Medium-term indicators give it an average of 50% Buy. Long term indicators, too, give NYSE:NAK an average Buy of 50%.
5 analysts have come up with estimations where scores range from 1 for a strong buy and 5 for a strong sell. 1 has rated NYSE:NAK as a Hold and 4 have rated it as a Buy. None of the analysts have rated it as underperform or outperform. None have suggested it as Sell either. The overall rating of the stock is Buy. An advantage could be taken by investors by scooping up the company’s stock.
A Quick Analysis Of NYSE:NAK
The PEG ratio presently is at 0 for NYSE:NAK. The present price is 9.81% off of its SMA20 and -0.3% based on its simple moving 50-day average. The past week’s volatility is 6.37% and goes over to 8.15% over the previous 30 days. The RSI (14), however, points at 6.37%. The average true range (AVR) points at 0.09 but the beta value is 1.95. Over the next year, the average price target is $2.6 along with the estimates that have a high of $3.72 and a low of $1.29. The price ends of these are 9.32% and +215.25%. If NYSE:NAK share price becomes the median price of $2.61 then the investors can be excited at the possibility of a +121.19%.
NYSE:NAK’s today’s price shift of -0.66% and +124.57% over the last 12 months is better than Barrick Gold Corp (GOLD). The latter has suffered a stock price fall of -1.44% in the recent trading session and is +64.94% over the past year. Franco Nev Corp (FNV) dropped -1.89% today and over the past year is +54.52%. Agnico-Eagle Mines Ltd (AEM) is also down -0.66% but its price has remained safe at 124.57% over the same period. The PE ratio of Barrick is 11.21 was compared to Northern’s 0 and 128.41 of Franco’s. On the other hand, the S&P 500 Index and Dow Jones Industrial are at -0.26% and -0.29% respectively today in prior deals.
The 3-month average trading volume was 18.73 million of Northern Dynasty Minerals Ltd. (NYSE:NAK). The previous 10-day value stands at 11.73 Million. Present shares that are outstanding are worth 506.59 million. According to Thomson Reuters, insiders have 10.29% out of the company’s shares. Institutions have 12.66%. The data also shows that the short shares as of 29th September 2020, stood at 31.21 million at a ratio of 2.32. This shows a 6.16% short interest in shares that are outstanding on 29th September 2020. Shares dropped in September from last month at 33.25 million. The reason for excitement about NYSE:NAK is that its upside potential is good, with today’s price forcing the stock +178.04% up in the year-to-date price shift.