The stock of Northern Dynasty Minerals Ltd (NAK) has gone down by -0.15% for the week, with a 6.78% rise in the past month and a 29.52% rise in the past quarter. The volatility ratio for the week is 4.12%, and the volatility levels for the past 30 days are 7.59% for NAK. The simple moving average for the last 20 days is 0.44% for NAK’s stock, with a simple moving average of 36.38% for the last 200 days.
Is It Worth Investing in Northern Dynasty Minerals Ltd (AMEX: NAK) Right Now?
NAK has 36-month beta value of 0.56. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for NAK is 527.17M, and currently, short sellers hold a 1.18% ratio of that float. The average trading volume of NAK on November 27, 2024 was 1.94M shares.
NAK) stock’s latest price update
The stock price of Northern Dynasty Minerals Ltd (AMEX: NAK) has dropped by -0.76 compared to previous close of 0.46. Despite this, the company has seen a fall of -0.15% in its stock price over the last five trading days. newsfilecorp.com reported 2024-10-21 that NAK’s Near Surface South Zone Drill Highlights: NAK24-28 intercepts 101 m of 1.11% Copper Equivalent (CuEq) from 47 m within 144 m of 0.90% CuEq from surface within 451 m of 0.43% CuEq from surface NAK24-26 extends the gold-enriched zone northwest; intercepts 50 m of 1.01% CuEq from surface within 457 m of 0.39% CuEq from surface NAK24-24 helps confirm continuity of mineralization 1.2 km south to north; intercepts 906 m of 0.36% CuEq from surface including 107 m of 0.65% CuEq from surface Toronto, Ontario–(Newsfile Corp. – October 21, 2024) – American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) (“American Eagle” or the “Company”) is pleased to announce the confirmation of high-grade mineralization extending east of the South Zone, toward the IP Embayment Zone, with NAK24-28 intersecting over 100 meters of 1.11% CuEq from near surface (see plan map). Mineralization within the gold-rich South Zone was also extended northwest, in hole NAK24-26, which intersected 50 m of 1.01 % CuEq from surface, extended 457 metres to depth, and carried a grade of nearly 0.4% CuEq throughout.
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.
Gabelli & Co, on the other hand, stated in their research note that they expect to see NAK reach a price target of $3. The rating they have provided for NAK stocks is “Buy” according to the report published on December 21st, 2016.
NAK Trading at 14.23% 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 -17.89% of loss for the given period.
Volatility was left at 7.59%, however, over the last 30 days, the volatility rate increased by 4.12%, as shares surge +10.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +30.00% upper at present.
During the last 5 trading sessions, NAK rose by +1.06%, which changed the moving average for the period of 200-days by +90.74% in comparison to the 20-day moving average, which settled at $0.4581. In addition, Northern Dynasty Minerals Ltd saw 42.22% 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 -0.16. Equity return is now at value -14.26, with -12.73 for asset returns.
Based on Northern Dynasty Minerals Ltd (NAK), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -7.92. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -27.92.
Currently, EBITDA for the company is -22.33 million with net debt to EBITDA at 1.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.
Conclusion
To put it simply, Northern Dynasty Minerals Ltd (NAK) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
