Northern Dynasty Minerals Ltd. (AMEX: NAK) has experienced a rise in its stock price by 7.31 compared to its previous closing price of 0.36. However, the company has seen a gain of 16.41% in its stock price over the last five trading days. Seeking Alpha reported 2022-08-23 that Northern Dynasty has received $12 million from a royalty agreement and may receive up to a total of $60 million. This deal appears to have limited impact on Pebble at base case prices, reducing NPV7 by around 3% if the full $60 million is invested.
Is It Worth Investing in Northern Dynasty Minerals Ltd. (AMEX: NAK) Right Now?
The 36-month beta value for NAK is also noteworthy at 1.03. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for NAK is $0.67, which is $0.82 above than the current price. The public float for NAK is 497.67M, and at present, short sellers hold a 1.73% of that float. The average trading volume of NAK on November 17, 2023 was 1.26M shares.
NAK’s Market Performance
The stock of Northern Dynasty Minerals Ltd. (NAK) has seen a 16.41% increase in the past week, with a 18.90% rise in the past month, and a 47.39% gain in the past quarter. The volatility ratio for the week is 3.75%, and the volatility levels for the past 30 days are at 3.57% for NAK. The simple moving average for the past 20 days is 15.69% for NAK’s stock, with a 47.35% simple moving average for the past 200 days.
Analysts’ Opinion of NAK
Many brokerage firms have already submitted their reports for NAK stocks, with H.C. Wainwright repeating the rating for NAK by listing it as a “Buy.” The predicted price for NAK in the upcoming period, according to H.C. Wainwright is $2.50 based on the research report published on October 19, 2017 of the previous year 2017.
NAK Trading at 15.72% from the 50-Day Moving Average
After a stumble in the market that brought NAK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.60% of loss for the given period.
Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 3.75%, as shares surge +14.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.24% upper at present.
During the last 5 trading sessions, NAK rose by +14.45%, which changed the moving average for the period of 200-days by +67.96% in comparison to the 20-day moving average, which settled at $0.3346. In addition, Northern Dynasty Minerals Ltd. saw 74.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NAK
The total capital return value is set at -16.43, while invested capital returns managed to touch -16.34. Equity return is now at value -17.34, with -16.48 for asset returns.
Based on Northern Dynasty Minerals Ltd. (NAK), the company’s capital structure generated 0.43 points at debt to equity in total, while total debt to capital is 0.43. Total debt to assets is 0.42, with long-term debt to equity ratio resting at 0.32. Finally, the long-term debt to capital ratio is 0.32.
The liquidity ratio also appears to be rather interesting for investors as it stands at 8.13.
In summary, Northern Dynasty Minerals Ltd. (NAK) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.