Northern Dynasty Minerals Ltd. (AMEX: NAK) is -7.11% lower on its value in year-to-date trading and has touched a low of $0.21 and a high of $0.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NAK stock was last observed hovering at around $0.29 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.30, the stock is 10.23% and 13.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 2.98% at the moment leaves the stock 3.75% off its SMA200. NAK registered 34.12% gain for a year compared to 6-month loss of -21.80%. The firm has a 200-day simple moving average (SMA200) of -$6.93.
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The stock witnessed a 23.43% gain in the last 1 month and extending the period to 3 months gives it a -11.68%, and is -7.23% down 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 9.24% over the week and 7.04% over the month.
Distance from 52-week low is 45.42% and -30.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.83%).
Northern Dynasty Minerals Ltd. quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 20.02% this year
105 institutions hold shares in Northern Dynasty Minerals Ltd. (NAK), with institutional investors hold 9.64% of the company’s shares. The shares outstanding are 529.78M, and float is at 497.94M with Short Float at 1.37%. Institutions hold 9.45% of the Float.
The top institutional shareholder in the company is Kopernik Global Investors, Llc with over 32.07 million shares valued at $7.7 million. The investor’s holdings represent 6.05% of the NAK Shares outstanding. As of Jun 29, 2023, the second largest holder is Russell Investments Group, Ltd. with 7.77 million shares valued at $1.86 million to account for 1.47% of the shares outstanding. The other top investors are SEI Investments Co which holds 1.84 million shares representing 0.35% and valued at over $0.44 million, while Renaissance Technologies, LLC holds 0.25% of the shares totaling 1.3 million with a market value of $0.31 million.
