Northern Dynasty Minerals Ltd (AMEX:NAK) shares, rose in value on Wednesday, April 16, with the stock price down by -0.93% to the previous day’s close as strong demand from buyers drove the stock to $1.07.
Actively observing the price movement in the last trading, the stock closed the session at $1.08, falling within a range of $1.06 and $1.18. The value of beta (5-year monthly) was 0.312. Referring to stock’s 52-week performance, its high was $1.29, and the low was $0.27. On the whole, NAK has fluctuated by 51.15% over the past month.
With the market capitalization of Northern Dynasty Minerals Ltd currently standing at about $576.28 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-27.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NAK’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of NAK currently trading nearly 7.01% and 31.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.30, while the 7-day volatility ratio is showing 10.67% which for the 30-day chart, stands at 15.52%. Furthermore, Northern Dynasty Minerals Ltd (NAK)’s beta value is -0.37, and its average true range (ATR) is 0.13.
A comparison of Northern Dynasty Minerals Ltd (NAK) with its peers suggests the former has fared considerably weaker in the market. NAK showed an intraday change of -0.93% in last session, and over the past year, it grew by 226.22%%.
Data on historical trading for Northern Dynasty Minerals Ltd (AMEX:NAK) indicates that the trading volumes over the past 10 days have averaged 7.76 and over the past 3 months, they’ve averaged 6.51 million. According to company’s latest data on outstanding shares, there are 537.79 million shares outstanding.
Nearly 2.00% of Northern Dynasty Minerals Ltd’s shares belong to company insiders and institutional investors own 11.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.38 million shares as on 2025-03-31, resulting in a short ratio of 1.61. According to the data, the short interest in Northern Dynasty Minerals Ltd (NAK) stood at 305.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 6.13 million. The stock has risen by 84.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NAK stock heading into the next quarter.
