Northern Dynasty Minerals Ltd (AMEX: NAK) Up 50.0% From 52-Week Low; YTD Jumps 41.01% – Here’s What To Do Now

Northern Dynasty Minerals Ltd (AMEX:NAK)’s traded shares stood at 1.7 million during the last session, with the company’s beta value hitting 0.54. At the close of trading, the stock’s price was $0.46, to imply an increase of 4.80% or $0.02 in intraday trading. The NAK share’s 52-week high remains $0.56, putting it -21.74% down since that peak but still an impressive 50.0% since price per share fell to its 52-week low of $0.23. The company has a valuation of $338.13M, with an average of 4.67 million shares in intraday trading volume over the past 10 days and average of 1.79 million shares over the past 3 months.

Northern Dynasty Minerals Ltd (AMEX:NAK) trade information

After registering a 4.80% upside in the last session, Northern Dynasty Minerals Ltd (NAK) has traded red over the past five days. The 5-day price performance for the stock is -10.43%, and 24.84% over 30 days. With these gigs, the year-to-date price performance is 41.01%. Short interest in Northern Dynasty Minerals Ltd (AMEX:NAK) saw shorts transact 5.56 million shares and set a 2.89 days time to cover.

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The extremes give us $1.3 and $1.3 for target low and target high price respectively. As such, NAK has been trading -182.61% off suggested target high and -182.61% from its likely low.

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 underperformed competitors. Northern Dynasty Minerals Ltd (NAK) shares are 51.36% up over the last 6 months, with its year-to-date growth rate lower than industry average at 0.00% against 18.80%.

NAK Dividends

Northern Dynasty Minerals Ltd has its next earnings report out in December. 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 (AMEX:NAK)’s Major holders

Northern Dynasty Minerals Ltd insiders hold 1.85% of total outstanding shares, with institutional holders owning 16.45% of the shares at 16.76% float percentage. In total, 16.45% institutions holds shares in the company, led by KOPERNIK GLOBAL INVESTORS, LLC. As of 2024-06-30, the company held over 32.07 million shares (or 5.9588% of shares), all amounting to roughly $9.96 million.

The next major institution holding the largest number of shares is HERR INVESTMENT GROUP LLC with 10.33 million shares, or about 1.9195% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.2 million.