In today’s recent session, 20.25 million shares of the Northern Dynasty Minerals Ltd (AMEX:NAK) have been traded, and its beta is 0.25. Most recently the company’s share price was $1.18, and it changed around $0.29 or 32.30% from the last close, which brings the market valuation of the company to $634.29M. NAK at last check was trading at a discount to its 52-week high of $0.91, offering almost 22.88% off that amount. The share price’s 52-week low was $0.27, which indicates that the recent value has risen by an impressive 77.12% since then. We note from Northern Dynasty Minerals Ltd’s average daily trading volume that its 10-day average is 6.3 million shares, with the 3-month average coming to 4.66 million.
Northern Dynasty Minerals Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended NAK as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Northern Dynasty Minerals Ltd is expected to report earnings per share of 0 for the current quarter.
Northern Dynasty Minerals Ltd (AMEX:NAK) trade information
Instantly NAK has been showing a green trend so far today with a performance of 32.30% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2800 on recent trading dayincreased the stock’s daily price by 7.81%. The company’s shares are currently up 102.85% year-to-date, but still up 64.84% over the last five days. On the other hand, Northern Dynasty Minerals Ltd (AMEX:NAK) is 81.20% up in the 30-day period. We can see from the shorts that 6.13 million shares have been sold at a short interest cover period of 1.76 day(s).
The consensus price target as assigned by Wall Street analysts is $1.3, which translates to bulls needing to increase their stock price by 9.23% from its current value. Analyst projections state that NAK is forecast to be at a low of $1.3 and a high of $1.3.
Northern Dynasty Minerals Ltd (NAK) estimates and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.75%. Northern Dynasty Minerals Ltd earnings are expected to increase by 6.24% in 2025, but the outlook is positive 10.88% per year for the next five years.
Northern Dynasty Minerals Ltd (AMEX:NAK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 1.84% of Northern Dynasty Minerals Ltd shares, and 15.82% of them are in the hands of institutional investors. The stock currently has a share float of 16.11%. Northern Dynasty Minerals Ltd stock is held by 131.0 institutions, with KOPERNIK GLOBAL INVESTORS, LLC being the largest institutional investor. By 2024-06-30, it held 5.9642% of the shares, which is about 32.07 million shares worth $9.96 million.
HERR INVESTMENT GROUP LLC, with 1.9212% or 10.33 million shares worth $3.2 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
KOPERNIK GLOBAL ALL-CAP FUND and Invenomic Fund were the top two Mutual Funds as of Oct 31, 2024. The former held 18.27 shares worth $21.02 million, making up 3.40% of all outstanding shares. On the other hand, Invenomic Fund held roughly 2.81 shares worth around $3.23 million, which represents about 0.52% of the total shares outstanding.
