Investor Confidence Declines As Northern Dynasty Minerals Ltd (AMEX: NAK) Shares Lose -$0.02

In the latest trading session, 1.0 million Northern Dynasty Minerals Ltd (AMEX:NAK) shares changed hands as the company’s beta touched 0.68. With the company’s most recent per share price at $0.63 changed hands at -$0.02 or -3.55% at last look, the market valuation stands at $337.63M. NAK’s current price is a discount, trading about -23.81% off its 52-week high of $0.78. The share price had its 52-week low at $0.23, which suggests the last value was 63.49% up since then.

Northern Dynasty Minerals Ltd (AMEX:NAK) trade information

Instantly NAK was in red as seen in intraday trades today. With action -9.00%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 7.98%, with the 5-day performance at -9.00% in the red. However, in the 30-day time frame, Northern Dynasty Minerals Ltd (AMEX:NAK) is -13.99% down.

The consensus price target for the stock as assigned by Wall Street analysts is 1.3, meaning bulls need an upside of 51.54% 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 -106.35% plunge from its current level, while the stock would need to soar -106.35% for it to hit the projected low.

Northern Dynasty Minerals Ltd (NAK) estimates and forecasts

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 19.83%, but the outlook for the next 5-year period is at 23.66% per year.

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

HERR INVESTMENT GROUP LLC holds the second largest percentage of outstanding shares, with 1.9212% 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 $11.26 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 $1.73 million.