The $0.42 Value Of Northern Dynasty Minerals Ltd. (AMEX: NAK) Should Not Be Underestimated

During the last session, Northern Dynasty Minerals Ltd. (AMEX:NAK)’s traded shares were 1.89 million, with the beta value of the company hitting 0.55. At the end of the trading day, the stock’s price was $0.42, reflecting an intraday loss of -2.58% or -$0.01. The 52-week high for the NAK share is $0.46, that puts it down -9.52 from that peak though still a striking 45.24% gain since the share price plummeted to a 52-week low of $0.23. The company’s market capitalization is $319.55M, and the average intraday trading volume over the past 10 days was 2.83 million shares, and the average trade volume was 1.19 million shares over the past three months.

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

Northern Dynasty Minerals Ltd. (NAK) registered a -2.58% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.58% in intraday trading to $0.42, hitting a weekly high. The stock’s 5-day price performance is 1.21%, and it has moved by 22.62% in 30 days. Based on these gigs, the overall price performance for the year is 27.12%. The short interest in Northern Dynasty Minerals Ltd. (AMEX:NAK) is 6.24 million shares and it means that shorts have 6.1 day(s) to cover.

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Northern Dynasty Minerals Ltd. (NAK) estimates and forecasts

Statistics show that Northern Dynasty Minerals Ltd. has underperformed its competitors in share price, compared to the industry in which it operates. Northern Dynasty Minerals Ltd. (NAK) shares have gone up 40.77% during the last six months, with a year-to-date growth rate less than the industry average at 0.00% against 21.30.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.75%. While earnings are projected to return 2.11% in 2024.

NAK Dividends

Northern Dynasty Minerals Ltd. is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Northern Dynasty Minerals Ltd. insiders own 1.86% of total outstanding shares while institutional holders control 13.81%, with the float percentage being 14.07%. KOPERNIK GLOBAL INVESTORS, LLC is the largest shareholder of the company, while 111.0 institutions own stock in it. As of 2024-06-30, the company held over 32.07 million shares (or 5.9588% of all shares), a total value of $9.96 million in shares.

The next largest institutional holding, with 10.33 million shares, is of HERR INVESTMENT GROUP LLC’s that is approximately 1.9195% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.2 million.