Taking on analysts’ expectations and winning: Northern Dynasty Minerals Ltd. (NAK)

With 0.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.12 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $0.3265 whereas the lowest price it dropped to was $0.3140. The 52-week range on NAK shows that it touched its highest point at $0.43 and its lowest point at $0.21 during that stretch. It currently has a 1-year price target of $1.20. Beta for the stock currently stands at 0.75.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NAK was down-trending over the past week, with a drop of -1.86%, but this was up by 34.87% over a month. Three-month performance dropped to -4.24% while six-month performance fell -2.77%. The stock gained 30.52% in the past year, while it has lost -2.26% so far this year. A look at the trailing 12-month EPS for NAK yields -0.03 with Next year EPS estimates of -0.01. For the next quarter, that number is 0.00. This implies an EPS growth rate of 0.11% for this year and 50.00% for next year.

Float and Shares Shorts:

At present, 529.92 million NAK shares are outstanding with a float of 518.58 million shares on hand for trading. On Mar 15, 2024, short shares totaled 6.68 million, which was 1.24% higher than short shares on Feb 15, 2024. In addition to NOK as the firm’s Nokia Corporation Sponsored, NAK serves as its Northern Dynasty Minerals, Ltd.

Institutional Ownership:

Through their ownership of 9.45% of NAK’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NAK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.