Now Is The Time To Build A Position In Northern Dynasty Minerals Ltd. (AMEX:NAK)

Northern Dynasty Minerals Ltd. (AMEX:NAK)’s traded shares stood at 1.19 million during the last session, with the company’s beta value hitting 0.73. At the close of trading, the stock’s price was $0.31, to imply a decrease of -1.37% or $0.0 in intraday trading. The NAK share’s 52-week high remains $0.43, putting it -38.71% down since that peak but still an impressive 32.26% since price per share fell to its 52-week low of $0.21. The company has a valuation of $157.65M, with an average of 1.79 million shares in intraday trading volume over the past 10 days and average of 2.12 million shares over the past 3 months.

Northern Dynasty Minerals Ltd. (AMEX:NAK) trade information

After registering a -1.37% downside in the last session, Northern Dynasty Minerals Ltd. (NAK) has traded red over the past five days. The stock hit a weekly high of 0.3397, dropping -1.37% in its intraday price action. The 5-day price performance for the stock is 3.13%, and 32.24% over 30 days. With these gigs, the year-to-date price performance is -4.21%. Short interest in Northern Dynasty Minerals Ltd. (AMEX:NAK) saw shorts transact 6.85 million shares and set a 4.73 days time to cover.

Northern Dynasty Minerals Ltd. (NAK) estimates and forecasts

Looking at statistics comparing Northern Dynasty Minerals Ltd. share performance against respective industry, we note that the company has outperformed competitors. Northern Dynasty Minerals Ltd. (NAK) shares are -8.26% down over the last 6 months, with its year-to-date growth rate higher than industry average at 25.00% against -0.40%.

NAK Dividends

Northern Dynasty Minerals Ltd. has its next earnings report out between March 29 and April 02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Northern Dynasty Minerals Ltd. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Northern Dynasty Minerals Ltd. (AMEX:NAK)’s Major holders

Northern Dynasty Minerals Ltd. insiders hold 1.99% of total outstanding shares, with institutional holders owning 9.45% of the shares at 9.64% float percentage. In total, 9.45% institutions holds shares in the company, led by Kopernik Global Investors, Llc. As of Jun 29, 2023, the company held over 32.07 million shares (or 6.05% of shares), all amounting to roughly $7.7 million.

The next major institution holding the largest number of shares is Russell Investments Group, Ltd. with 7.77 million shares, or about 1.47% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $1.86 million.

We also have Advisors Inner Circle Fund II-Kopernik Global All Cap Fund and TIFF Multi-Asset Fund as the top two Mutual Funds with the largest holdings of the Northern Dynasty Minerals Ltd. (NAK) shares. Going by data provided on Jul 30, 2023, Advisors Inner Circle Fund II-Kopernik Global All Cap Fund holds roughly 18.27 million shares. This is just over 3.45% of the total shares, with a market valuation of $5.3 million. Data from the same date shows that the other fund manager holds a little less at 1.09 million, or 0.21% of the shares, all valued at about 0.26 million.