Long-Time Horizon Analysis of Northern Dynasty Minerals Ltd. (NAK) Stock

Northern Dynasty Minerals Ltd. [NAK] stock prices are up 4.14% to $0.24 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NAK shares have gain 3.26% over the last week, with a monthly amount glided 0.08%, and seem to be holding up well over a long-time horizon.

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On 16, January 2024, Northern Dynasty: Comments on Recent Supreme Court Decision and Anticipated Next Steps. In a post published today on Yahoo Finance, Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) (“Northern Dynasty” or the “Company”) provides additional commentary on the recent United States Supreme Court (“Supreme Court”) decision to not allow Alaska to bypass the typical court review process as it works to overturn the Environmental Protection Agency’s (“EPA”) illegal veto of the Pebble Project lands and comments on anticipated next steps.

From an analyst’s perspective:

Northern Dynasty Minerals Ltd. [AMEX: NAK] stock has seen the most recent analyst activity on October 19, 2017, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $2.50. Previously, Gabelli & Co started tracking the stock with Buy rating on December 21, 2016, and set its price target to $3. On April 07, 2009, downgrade downgraded it’s rating to Sell. Canaccord Adams started tracking the stock assigning a Buy rating. BMO Capital Markets upgraded its rating to a Outperform.

The stock price of Northern Dynasty Minerals Ltd. [NAK] has been fluctuating between $0.21 and $0.43 over the past year. Northern Dynasty Minerals Ltd. [AMEX: NAK] shares were valued at $0.24 at the most recent close of the market.

Analyzing the NAK fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.18 and Total Capital is -0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2399 points at the first support level, and at 0.2359 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2460, and for the 2nd resistance point, it is at 0.2481.

Ratios To Look Out For

It’s worth pointing out that Northern Dynasty Minerals Ltd. [AMEX:NAK]’s Current Ratio is 0.74. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.21.

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