Let’s start up with the current stock price of Northern Dynasty Minerals Ltd. (NAK), which is $0.54 to be very precise. The Stock rose vividly during the last session to $0.62 after opening rate of $0.57 while the lowest price it went was recorded $0.53 before closing at $0.60.Recently in News on September 10, 2021, Northern Dynasty Reacts to the U.S. Environmental Protection Agency’s Decision To Remand or Vacate Its 2019 Withdrawal Notice. This news release constitutes a “designated news release” for the purposes of Northern Dynasty’s prospectus supplement dated June 21, 2021 to its short form base shelf prospectus dated July 2, 2020. You can read further details here
Northern Dynasty Minerals Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.1500 on 02/11/21, with the lowest value was $0.3224 for the same time period, recorded on 01/04/21.
Northern Dynasty Minerals Ltd. (NAK) full year performance was -47.55%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Northern Dynasty Minerals Ltd. shares are logging -57.54% during the 52-week period from high price, and 74.84% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.31 and $1.26.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 32026738 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Northern Dynasty Minerals Ltd. (NAK) recorded performance in the market was 66.15%, having the revenues showcasing 2.41% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 321.60M.
Specialists analysis on Northern Dynasty Minerals Ltd. (NAK)
During the last month, 0 analysts gave the Northern Dynasty Minerals Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.4803, with a change in the price was noted -0.03. In a similar fashion, Northern Dynasty Minerals Ltd. posted a movement of -5.73% for the period of last 100 days, recording 6,920,718 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NAK is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: Northern Dynasty Minerals Ltd. (NAK)
Raw Stochastic average of Northern Dynasty Minerals Ltd. in the period of last 50 days is set at 64.96%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 61.75%. In the last 20 days, the company’s Stochastic %K was 69.79% and its Stochastic %D was recorded 65.45%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 66.15%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -13.71%, alongside a downfall of -47.55% for the period of the last 12 months. The shares increased approximately by 9.18% in the 7-day charts and went down by 30.39% in the period of the last 30 days. Common stock shares were driven by 2.41% during last recorded quarter.