During the recent session, Northern Dynasty Minerals Ltd. (NYSE:NAK)’s traded shares were 3,400,567, with the beta value of the company hitting 1.06. At the last check, the stock’s price was $0.62, reflecting an intraday loss of -1.39% or -$0.01. The 52-week high for the NAK share is $2.49, that puts it down -301.61% from that peak though still a striking +50% gain since the share price plummeted to a 52-week low of $0.31. The company’s market capitalization is $326.22 Million, and the average intraday trading volume over the past 10 days was 9.21 Million shares, and the average trade volume was 42.71 Million shares over the past three months.
Northern Dynasty Minerals Ltd. (NAK) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2. NAK has a Sell rating from none of the analyst(s) out of 2 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 2 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
Northern Dynasty Minerals Ltd. (NYSE:NAK): Trading Information
Northern Dynasty Minerals Ltd. (NAK) registered a -1.39% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 11.78% in intraday trading to $0.704 this Tuesday, Apr 06, hitting a weekly high. The stock’s 5-day price performance is -1.92%, and it has moved by -4.62% in 30 days. Despite these dips, the overall price performance for the year is 93.11%. The short interest in Northern Dynasty Minerals Ltd. (NYSE:NAK) is 29.39 Million shares and it means that shorts have 0.69 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.1, which implies an increase of 77.42% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.1 and $1.1 respectively. As a result, NAK is trading at a discount of 77.42% off the target high and 77.42% off the low.
Northern Dynasty Minerals Ltd. (NAK) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 0% in 2021, the next five years will return 0% per annum.
Northern Dynasty Minerals Ltd. (NYSE:NAK)’s Biggest Investors
Northern Dynasty Minerals Ltd. insiders own 2.16% of total outstanding shares while institutional holders control 10%, with the float percentage being 10.22%. Kopernik Global Investors, LLC is the largest shareholder of the company, while 86 institutions own stock in it. As of Dec 30, 2020, the company held over 26.08 Million shares (or 5.09% of all shares), a total value of $8.4 Million in shares.
The next largest institutional holding, with 9.53 Million shares, is of Russell Investments Group, Ltd.’s that is approximately 1.86% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $3.07 Million.
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Also, the Mutual Funds coming in first place with the largest holdings of Northern Dynasty Minerals Ltd. (NAK) shares are Advisors Inner Circle Fund II-Kopernik Global All Cap Fund and Global X Fds-Global X Copper Miners ETF. Data provided on Jan 30, 2021 indicates that Advisors Inner Circle Fund II-Kopernik Global All Cap Fund owns about 14,113,234 shares. This amounts to just over 2.75 percent of the company’s overall shares, with a $8.09 Million market value. The same data shows that the other fund manager holds slightly less at 4.8 Million, or about 0.94% of the stock, which is worth about $3.79 Million.