How Is The Northern Dynasty Minerals Ltd. (AMEX: NAK) Performance Outlook For The Coming Months?

Northern Dynasty Minerals Ltd. (AMEX:NAK) has a beta value of 0.55 and has seen 1.81 million shares traded in the last trading session. The company, currently valued at $203.20M, closed the last trade at $0.38 per share which meant it gained $0.01 on the day or 3.53% during that session. The NAK stock price is -10.53% off its 52-week high price of $0.42 and 39.47% above the 52-week low of $0.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.25 million shares traded. The 3-month trading volume is 1.13 million shares.

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

Sporting 3.53% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NAK stock price touched $0.38 or saw a fall of -0.08%. Year-to-date, Northern Dynasty Minerals Ltd. shares have moved 16.89%, while the 5-day performance has seen it change 21.86%. Over the past 30 days, the shares of Northern Dynasty Minerals Ltd. (AMEX:NAK) have changed 6.87%. Short interest in the company has seen 5.87 million shares shorted with days to cover at 7.35.

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Northern Dynasty Minerals Ltd. (NAK) estimates and forecasts

Figures show that Northern Dynasty Minerals Ltd. shares have underperformed across the wider relevant industry. The company’s shares have gained 15.21% over the past 6 months, with this year growth rate of 0.00%, compared to 22.00% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.75% over the past 5 years.

NAK Dividends

Northern Dynasty Minerals Ltd. is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 1.86% of the company shares, while shares held by institutions stand at 13.74% with a share float percentage of 14.00%. Investors are also buoyed by the number of investors in a company, with Northern Dynasty Minerals Ltd. having a total of 111.0 institutions that hold shares in the company. The top two institutional holders are KOPERNIK GLOBAL INVESTORS, LLC with over 32.07 million shares worth more than $9.96 million. As of 2024-06-30, KOPERNIK GLOBAL INVESTORS, LLC held 5.9588% of shares outstanding.

The other major institutional holder is HERR INVESTMENT GROUP LLC, with the holding of over 10.33 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.2 million and represent 1.9195% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Advisors Inner Circle Fund II-Kopernik Global All Cap Fund and Northern Lights Fd Tr II-Invenomic Fd . As of Jul 31, 2024 , the former fund manager holds about 3.40% shares in the company for having 18.27 shares of worth $6.91 million while later fund manager owns 2.52 shares of worth $0.95 million as of Jul 31, 2024 , which makes it owner of about 0.47% of company’s outstanding stock.