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

Northern Dynasty Minerals Ltd. [AMEX: NAK] jumped around 0.04 points on Monday, while shares priced at $0.44 at the close of the session, up 9.19%.

Compared to the average trading volume of 1.05M shares, NAK reached a trading volume of 6187809 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about 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 $0.80 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 1.00. 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 2.73, with the Price to Cash per share for the same quarter was set at 0.02.

How has NAK stock performed recently?

Northern Dynasty Minerals Ltd. [NAK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.30. With this latest performance, NAK shares gained by 29.26% in over the last four-week period, additionally plugging by 49.59% over the last 6 months – not to mention a rise of 35.94% 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 74.10, with the RSI for the last a single of trading hit 80.30, and the three-weeks RSI is set at 69.38 for Northern Dynasty Minerals Ltd. [NAK]. The present Moving Average for the last 50 days of trading for this stock 0.3487, while it was recorded at 0.3954 for the last single week of trading, and 0.3124 for the last 200 days.

Northern Dynasty Minerals Ltd. [NAK]: Deeper insight into the fundamentals

Northern Dynasty Minerals Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 0.61.

Insider trade positions for Northern Dynasty Minerals Ltd. [NAK]

There are presently around $13.76%, or 14.03%% 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 32.07 million shares, which is approximately 5.9588%. HERR INVESTMENT GROUP LLC, holding 10.33 million shares of the stock with an approximate value of $$3.2 million in NAK stocks shares; and HERR INVESTMENT GROUP LLC, currently with $$2.3 million in NAK stock with ownership which is approximately 1.3797%.