A better buy-in window may exist right now for Northern Dynasty Minerals Ltd (NAK)

With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.94 million shares. During the session, the Other Industrial Metals & Mining company that operates in wider Basic Materials sector, reached to the highest price of $0.4701 whereas the lowest price it dropped to was $0.4593. The 52-week range on NAK shows that it touched its highest point at $0.56 and its lowest point at $0.23 during that stretch. It currently has a 1-year price target of $1.30. Beta for the stock currently stands at 0.56.

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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 -1.99%, but this was up by 7.87% over a month. Three-month performance surged to 29.12% while six-month performance rose 49.45%. The stock gained 23.38% in the past year, while it has gained 43.30% so far this year. A look at the trailing 12-month EPS for NAK yields -0.02 with Next year EPS estimates of -0.03. For the next quarter, that number is 0.00. This implies an EPS growth rate of 2.46% for this year and 0.00% for next year.

Float and Shares Shorts:

At present, 538.48 million NAK shares are outstanding with a float of 527.17 million shares on hand for trading. On 2024-10-31, short shares totaled 5.56 million, which was 102.99999 higher than short shares on 1727654400. In addition to Mr. Ronald William Thiessen C.P.A., CA, F.C.A., FCPA as the firm’s President, CEO & Director, Mr. Mark C. Peters C.A., CPA serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.17236 of NAK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, NAK reported revenue of $0.0 and operating income of -$3863000.0. The EBITDA in the recently reported quarter was -$3599000.0 and diluted EPS was -$0.01.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With NAK analysts setting a high price target of 1.81 and a low target of 1.81, the average target price over the next 12 months is 1.81. Based on these targets, NAK could surge 293.48% to reach the target high and rise by 293.48% to reach the target low. Reaching the average price target will result in a growth of 293.48% from current levels.

Analysts have provided yearly estimates in a range of -$0.03817215 being high and -$0.03817215 being low. For NAK, this leads to a yearly average estimate of -$0.03817215. The surprise factor in the prior quarter was $0. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.01. The average estimate for the next quarter is thus -$0.01.