Currently, Northern Dynasty Minerals Ltd [NAK] is trading at $0.57, down -1.23%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NAK shares have gain 19.73% over the last week, with a monthly amount glided 22.99%, and seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $0.23 and a high of $0.58 over the last 52 weeks. 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 $0.57 at the most recent close of the market. An investor can expect a potential return of 128.07% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 0.5416 points at the first support level, and at 0.5133 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5865, and for the 2nd resistance point, it is at 0.6031.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Northern Dynasty Minerals Ltd [AMEX:NAK] is 1.04. As well, the Quick Ratio is 1.04, while the Cash Ratio is 1.02.
