In the latest trading session, 1.29 million Northern Dynasty Minerals Ltd (AMEX:NAK) shares changed hands as the company’s beta touched 0.50. With the company’s most recent per share price at $0.66 changing hands around $0.05 or 7.22% at last look, the market valuation stands at $352.31M. NAK’s current price is a discount, trading about -13.64% off its 52-week high of $0.75. The share price had its 52-week low at $0.23, which suggests the last value was 65.15% up since then. When we look at Northern Dynasty Minerals Ltd’s average trading volume, we note the 10-day average is 5.27 million shares, with the 3-month average coming to 3.17 million.
Northern Dynasty Minerals Ltd (AMEX:NAK) trade information
Instantly NAK is in green as seen in intraday trades today. With action -4.85%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 12.67%, with the 5-day performance at -4.85% in the red. However, in the 30-day time frame, Northern Dynasty Minerals Ltd (AMEX:NAK) is 33.44% up. Looking at the short shares, we see there were 5.56 million shares sold at short interest cover period of 2.89 days.
The consensus price target for the stock as assigned by Wall Street analysts is 1.3, meaning bulls need an upside of 49.23% from its recent market value. According to analyst projections, NAK’s forecast low is 1.3 with 1.3 as the target high. To hit the forecast high, the stock’s price needs a -96.97% plunge from its current level, while the stock would need to soar -96.97% for it to hit the projected low.
Northern Dynasty Minerals Ltd (NAK) estimates and forecasts
Data shows that the Northern Dynasty Minerals Ltd share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 92.59% over the past 6 months, a 0.00% in annual growth rate that is considerably lower than the industry average of 18.70%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.75%. The 2025 estimates are for Northern Dynasty Minerals Ltd earnings to increase by 4.00%.
NAK Dividends
Northern Dynasty Minerals Ltd is expected to release its next quarterly earnings report in February.
Northern Dynasty Minerals Ltd (AMEX:NAK)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.85% of Northern Dynasty Minerals Ltd shares while 17.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 17.56%. There are 17.24% institutions holding the Northern Dynasty Minerals Ltd stock share, with KOPERNIK GLOBAL INVESTORS, LLC the top institutional holder. As of 2024-06-30, the company held 5.9588% of the shares, roughly 32.07 million NAK shares worth $9.96 million.
HERR INVESTMENT GROUP LLC holds the second largest percentage of outstanding shares, with 1.9195% or 10.33 million shares worth $3.2 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Advisors Inner Circle Fund II-Kopernik Global All Cap Fund and Northern Lights Fd Tr II-Invenomic Fd. With 18.27 shares estimated at $11.95 million under it, the former controlled 3.40% of total outstanding shares. On the other hand, Northern Lights Fd Tr II-Invenomic Fd held about 0.52% of the shares, roughly 2.81 shares worth around $1.84 million.
