The stock of Northern Dynasty Minerals Ltd. (AMEX:NAK) decreased by -$0.01 on Wednesday to $0.37, down -4.38 percent. The last five days have seen an average of 2,887,497 shares of common stock traded. 16 times new highs were reached in the current year, with a gain of $0.1459. The average number of shares traded over the last 20 days was 2,024,194, while the average volume over the last 50 days totaled 1,644,334.
NAK stock appreciated 40.80% since last month. On 08/29/23, the company’s shares reached a one-month low of $0.2450. The stock touched a high of $0.43 on 09/18/23, after rallying from a low of $0.20 in 52 weeks. The price of NAK stock has risen by 66.30% or $0.1459 this year, reaching a new high 16 times. Still, the stock price is down -14.60% from the 52-week high.
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Financial Health
For the recent quarter, Northern Dynasty Minerals Ltd.’s quick ratio was 1.20, while its current ratio was 1.20, indicating its ability to pay off its debt. Based on annual data, it had gross profit of $52000.0 and revenue of $18.93 million.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NAK’s return on assets (ROA) during the last 12 months has been -18.60%. In the meantime, the return on equity (ROE) for the last 12 months was -19.40%.
Earnings Surprise
A lower net income was reported in the quarter under review than the previous quarter. EBITDA was -$4.65 million for the quarter. At the end of Northern Dynasty Minerals Ltd.’s most recent quarter, its liabilities totaled 8.47 million, while its total debt was $0.54 million.
Technical Picture
Here’s a quick look at Northern Dynasty Minerals Ltd.’s (NAK) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 63.29%, suggesting the stock is Neutral, with a 114.55% historical volatility rate.
The stochastic %K and %D were 74.28% and 80.46% respectively, while the average true range (ATR) was 0.0332. Based on the 14-day stochastic reading of 64.64%, the RSI (14) reading is 64.20%. On the 9-day MACD Oscillator, the stock is at 0.0306, and the 14-day reading is at 0.0556.
Analyst Ratings
In its analyst report released on October 19, 2017, H.C. Wainwright began covering Northern Dynasty Minerals Ltd. (AMEX: NAK). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Northern Dynasty Minerals Ltd. (NAK) an Buy rating. NAK is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is NAK’s price target for the next 12 months?
The current consensus forecast for the stock is between $0.67 and $0.67, with a median target price of $0.67. In analyzing these forecasts, the average price target given by analysts for Northern Dynasty Minerals Ltd. (NAK) is $0.67.
