Northern Dynasty Minerals Ltd (NAK) stock price forecast predicts $1.3 value

A share price of Northern Dynasty Minerals Ltd [NAK] is currently trading at $0.49, down -0.28%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NAK shares have gain 11.15% over the last week, with a monthly amount drifted -5.12%, and not seem to be holding up well over a long-time horizon.

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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.

Northern Dynasty Minerals Ltd experienced fluctuations in its stock price throughout the past year between $0.23 and $0.56. Currently, Wall Street analysts expect the stock to reach $1.3 within the next 12 months. Northern Dynasty Minerals Ltd [AMEX: NAK] shares were valued at $0.49 at the most recent close of the market. An investor can expect a potential return of 165.31% based on the average NAK price forecast.

Analyzing the NAK fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.14 and Total Capital is -0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.

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 0.4793 points at the first support level, and at 0.4651 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5088, and for the 2nd resistance point, it is at 0.5241.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Northern Dynasty Minerals Ltd [AMEX:NAK] is 1.04. In addition, the Quick Ratio stands at 1.04 and the Cash Ratio stands at 1.02.

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