Northern Dynasty Minerals Ltd. [AMEX: NAK] price plunged by -11.91 percent to reach at -$0.04.
The one-year NAK stock forecast points to a potential upside of 75.0. The average equity rating for NAK stock is currently 2.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Northern Dynasty Minerals Ltd. [NAK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NAK shares is $1.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NAK stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
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 0.02 The Price to Book ratio for the last quarter was 1.70, with the Price to Cash per share for the same quarter was set at 0.03.
NAK Stock Performance Analysis:
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 -9.40. With this latest performance, NAK shares dropped by -6.05% in over the last four-week period, additionally sinking by -10.33% over the last 6 months – not to mention a rise of 20.11% 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 45.31, with the RSI for the last a single of trading hit 40.00, and the three-weeks RSI is set at 47.98 for Northern Dynasty Minerals Ltd. [NAK]. The present Moving Average for the last 50 days of trading for this stock 0.2854, while it was recorded at 0.3316 for the last single week of trading, and 0.2988 for the last 200 days.
Insight into Northern Dynasty Minerals Ltd. Fundamentals:
Northern Dynasty Minerals Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.04.
Northern Dynasty Minerals Ltd. [NAK] Institutonal Ownership Details
The top three institutional holders of NAK stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in NAK stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in NAK stock with ownership which is approximately 5.8386%.
