Northern Dynasty Minerals Ltd. (AMEX:NAK) saw a downside of -1.58% to $0.26 after subtracting $0.0on Wednesday. The 5-day average trading volume is 637,791 shares of the company’s common stock. It has gained $0.2650 in the past week and touched a new high 4 times within the past 5 days. An average of 1,603,208 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,149,271.
NAK’s 1-month performance is 0.51% or $0.0020 on its low of $0.2500 reached on 08/18/23. The company’s shares have touched a 52-week low of $0.20 and high of $0.32, with the stock’s rally to the 52-week high happening on 07/27/23. YTD, NAK has achieved 15.76% or $0.0352 and has reached a new high 12 times. However, the current price is down -20.15% from the 52-week high price.
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Valuation Metrics
NAK stock has a beta of 1.16.
Northern Dynasty Minerals Ltd.’s quick ratio for the recent period was 1.20, with the current ratio over the same period at 1.20. The firm’s gross profit as reported stood at $52000.0 against revenue of $18.93 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -183.12% to $18.72 million, while revenue of $0.0 was 100.0% off the previous quarter. EBITDA for the quarter stood at more than -$4.65 million. NAK stock balance sheet for the recent quarter shows that total liabilities totaled 8.47 million, with total debt at $0.54 million.
Let’s look briefly at Northern Dynasty Minerals Ltd. (NAK) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 41.42% to suggest the stock is trending Neutral, with historical volatility in this time period at 31.68%.
The stock’s 5-day moving average is $0.2590, reflecting a -1.46% or -$0.0038 change from its current price. NAK is currently trading -0.58% above its 20-day SMA, +4.58% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +17.32% and SMA200 by+1.19%.
Stochastic %K and %D was 21.80% and 20.65% and the average true range (ATR) pointed at 0.0127. The RSI (14) points at 46.50%, while the 14-day stochastic is at 17.14% with the period’s ATR at 0.0134. The stock’s 9-day MACD Oscillator is pointing at -0.0008 and -0.0051 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Northern Dynasty Minerals Ltd. (AMEX: NAK), H.C. Wainwright launched coverage with a Buy rating. Analysts offering their rating for NAK stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate NAK as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is NAK’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $0.90 and a high of $0.90, with their median price target at $0.90. Looking at these predictions, the average price target given by analysts is for Northern Dynasty Minerals Ltd. (NAK) stock is $0.90.
