What Does Northern Dynasty Minerals Ltd.’s (AMEX: NAK) Future Hold?

Northern Dynasty Minerals Ltd. (AMEX:NAK) traded at $0.38 at last check on Tuesday, July 24, made a downward move of -0.05% on its previous day’s price.

Looking at the stock we see that its previous close was $0.38 . In terms of its 52-week price range, NAK has a high of $0.43 and a low of $0.23. The company’s stock has gained about 35.89% over that past 30 days.

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Northern Dynasty Minerals Ltd. has a market cap of $205.03 million.

Looking further, we note the current price level is 12.58% off its SMA20 and 21.39% from its 50-day simple moving average. The RSI (14) is pointing at 61.85 while the volatility over the past week is 11.26% and jumps to 7.66% over the past one month. The beta value is 0.60, while the average true range (ATR) is currently pointing at 0.03.

Coming back to Northern Dynasty Minerals Ltd. (AMEX:NAK), we note that the average 3-month trading volume was 1.16 million, while that of the preceding 10-day period stands at 2.81 million. Current shares outstanding are 538.48 million.

The insiders hold 1.94% of the company’s shares while institutions hold 13.84%. The data shows that short shares as of 2024-06-28, stood at 6.6 million at a short ratio of 8.1. This represents a 1.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.399999951.39999995 short interest in shares outstanding on 2024-06-28. Shares short rose in June from the previous month at 6.04 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 17.94% up in year-to-date price movement.

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