Market Analysts see Northern Dynasty Minerals Ltd. [NAK] gaining to $2.50. Time to buy?

Northern Dynasty Minerals Ltd. [AMEX: NAK] gained 0.36% on the last trading session, reaching $0.34 price per share at the time. The company report on December 11, 2020 that SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Northern Dynasty Minerals Ltd. of a Class Action Lawsuit and a Lead Plaintiff Deadline of February 2, 2021 – NAK.

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New York, New York–(Newsfile Corp. – December 10, 2020) – The following statement is being issued by Levi & Korsinsky, LLP:.

To: All persons or entities who purchased or otherwise acquired securities of Northern Dynasty Minerals Ltd. (“Northern Dynasty”) (NYSE: NAK) between December 21, 2017 and November 25, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Eastern District of New York. To get more information go to:.

Northern Dynasty Minerals Ltd. represents 499.29 million in outstanding shares, while the company has a total market value of $162.85 million with the latest information. NAK stock price has been found in the range of $0.33 to $0.34.

If compared to the average trading volume of 14.84M shares, NAK reached a trading volume of 8578106 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Northern Dynasty Minerals Ltd. [NAK]:

H.C. Wainwright have made an estimate for Northern Dynasty Minerals Ltd. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 19, 2017. While these analysts kept the previous recommendation, Gabelli & Co raised their target price to Buy. The new note on the price target was released on December 21, 2016, representing the official price target for Northern Dynasty Minerals Ltd. stock.

The Average True Range (ATR) for Northern Dynasty Minerals Ltd. is set at 0.06 The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 0.10.

Trading performance analysis for NAK stock

Northern Dynasty Minerals Ltd. [NAK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.18. With this latest performance, NAK shares dropped by -57.93% in over the last four-week period, additionally sinking by -74.93% over the last 6 months – not to mention a drop of -34.12% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NAK stock in for the last two-week period is set at 21.13, with the RSI for the last a single of trading hit 19.74, and the three-weeks RSI is set at 27.57 for Northern Dynasty Minerals Ltd. [NAK]. The present Moving Average for the last 50 days of trading for this stock 0.8341, while it was recorded at 0.3553 for the last single week of trading, and 0.9916 for the last 200 days.

Northern Dynasty Minerals Ltd. [NAK]: A deeper dive into fundamental analysis

Return on Total Capital for NAK is now -47.38, given the latest momentum, and Return on Invested Capital for the company is -48.11. Return on Equity for this stock declined to -48.27, with Return on Assets sitting at -43.72. When it comes to the capital structure of this company, Northern Dynasty Minerals Ltd. [NAK] has a Total Debt to Total Equity ratio set at 2.55. Additionally, NAK Total Debt to Total Capital is recorded at 2.49, with Total Debt to Total Assets ending up at 2.29. Long-Term Debt to Equity for the company is recorded at 0.67, with the Long-Term Debt to Total Capital now at 0.66.

Northern Dynasty Minerals Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.80 and a Current Ratio set at 3.80.

An analysis of insider ownership at Northern Dynasty Minerals Ltd. [NAK]

There are presently around $23 million, or 17.90% of NAK stock, in the hands of institutional investors. The top three institutional holders of NAK stocks are: KOPERNIK GLOBAL INVESTORS, LLC with ownership of 21,591,412, which is approximately 47.827% of the company’s market cap and around 37.40% of the total institutional ownership; KOPERNIK GLOBAL ALL-CAP FUND, LP, holding 18,314,510 shares of the stock with an approximate value of $6.15 million in NAK stocks shares; and RUSSELL INVESTMENTS GROUP, LTD., currently with $3.4 million in NAK stock with ownership of nearly 33.193% of the company’s market capitalization.

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Positions in Northern Dynasty Minerals Ltd. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 54 institutional holders increased their position in Northern Dynasty Minerals Ltd. [AMEX:NAK] by around 36,400,338 shares. Additionally, 38 investors decreased positions by around 5,853,178 shares, while 15 investors held positions by with 26,640,236 shares. The mentioned changes placed institutional holdings at 68,893,752 shares, according to the latest SEC report filing. NAK stock had 25 new institutional investments in for a total of 21,481,194 shares, while 20 institutional investors sold positions of 4,054,346 shares during the same period.

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