Positives for Northern Dynasty Minerals Ltd. (NAK) as stock loss in recent trading

Northern Dynasty Minerals Ltd. (AMEX: NAK) is 61.80% higher on its value in year-to-date trading and has touched a low of $0.31 and a high of $2.49 in the current 52-week trading range. The NAK stock was last observed hovering at around $0.52 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $2.28 for the next 12 months. It is also 86.67% off the consensus price target high of $3.75 offered by 3 analysts, but current levels are 37.5% higher than the price target low of $0.80 for the same period.

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Currently trading at $0.50, the stock is 28.92% and -2.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.09 million and changing -3.66% at the moment leaves the stock -48.95% off its SMA200. NAK registered 27.07% gain for a year compared to 6-month loss of -69.17%. The firm has a 50-day simple moving average (SMA 50) of $0.3721 and a 200-day simple moving average (SMA200) of $0.9990.

The stock witnessed a 66.19% gain in the last 1 month and extending the period to 3 months gives it a -52.20%, and is 40.89% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.26% over the week and 9.90% over the month.

Distance from 52-week low is 64.04% and -79.84% from its 52-week high.

Northern Dynasty Minerals Ltd. (NAK) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Northern Dynasty Minerals Ltd. (NAK) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Northern Dynasty Minerals Ltd. is expected to release its quarterly report on 05/18/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -277.90% this year.

Northern Dynasty Minerals Ltd. (NAK) Top Institutional Holders

93 institutions hold shares in Northern Dynasty Minerals Ltd. (NAK), with 11.55M shares held by insiders accounting for 2.27% while institutional investors hold 10.27% of the company’s shares. The shares outstanding are 499.29M, and float is at 497.50M with Short Float at 4.95%. Institutions hold 10.04% of the Float.

The top institutional shareholder in the company is Kopernik Global Investors, LLC with over 21.59 million shares valued at $21.17 million. The investor’s holdings represent 4.25% of the NAK Shares outstanding. As of Sep 29, 2020, the second largest holder is Russell Investments Group, Ltd. with 10.12 million shares valued at $9.92 million to account for 1.99% of the shares outstanding. The other top investors are Susquehanna International Group, LLP which holds 2.64 million shares representing 0.52% and valued at over $2.58 million, while UBS Group AG holds 0.34% of the shares totaling 1.74 million with a market value of $1.71 million.

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Northern Dynasty Minerals Ltd. (NAK): Who are the competitors?

The company’s main competitors (and peers) include Yamana Gold Inc. (AUY) that is trading 35.92% up over the past 12 months. NovaGold Resources Inc. (NG) is 0.23% up on the 1-year trading charts. Short interest in the company’s stock has fallen -11.12% from the last report on Nov 29, 2020 to stand at a total of 27.37 million short shares sold with a short interest ratio of 1.56.

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