Northern Dynasty Minerals Hits New 52-Week Low at 0.28
| NAK Stock | USD 0.54 0.05 10.20% |
About 53% of Northern Dynasty's institutional investors are presently thinking to get in. The current sentiment regarding investing in Northern Dynasty Minerals stock implies that some traders are interested. Northern Dynasty's investing sentiment shows overall attitude of investors towards Northern Dynasty Minerals.
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Northern Dynasty Minerals Ltd. s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C0.28 and last traded at C0.29, with a volume of 19381 shares changing hands. The stock had previously closed at C0.29. Northern Dynasty Minerals Price Performance The
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Northern Dynasty Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Northern Dynasty can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Northern Dynasty Fundamental Analysis
We analyze Northern Dynasty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Dynasty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Dynasty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Northern Dynasty is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Northern Dynasty Minerals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northern Dynasty stock to make a market-neutral strategy. Peer analysis of Northern Dynasty could also be used in its relative valuation, which is a method of valuing Northern Dynasty by comparing valuation metrics with similar companies.
Peers
Northern Dynasty Related Equities
| PMMCF | Pampa Metals | 16.67 | ||||
| TMQ | Trilogy Metals | 15.38 | ||||
| USAS | Americas Silver | 5.13 | ||||
| VZLA | Vizsla Resources | 3.26 | ||||
| EMX | EMX Royalty | 2.91 | ||||
| FURY | Fury Gold | 2.44 | ||||
| WRN | Western Copper | 1.80 | ||||
| IVPAF | Ivanhoe Mines | 1.17 | ||||
| AFMJF | Alphamin Resources | 2.50 | ||||
| NTCPF | NorthIsle Copper | 6.25 | ||||
| ASHXF | Progressive Planet | 15.38 |
Check out Northern Dynasty Hype Analysis, Northern Dynasty Correlation and Northern Dynasty Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Dynasty. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.08) | Return On Equity (0.14) |
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.