Northern Dynasty Minerals Ltd. (NYSE:NAK) produced a 243.24% rally since recording the worst price of $0.61. Thanks to the latest 5.03% increase, it now trades at $2.09. Throughout the trading on 10/18/2017, the share price floated between $1.93 and $2.12. This company shares are 184.21% off its target price of $5.94 and the current market capitalization stands at $654.11M. The recent change has given its price a 19.01% lead over SMA 50 and -39.42% deficit over its 52-week high. The stock witnessed 10% gains, 50.36% gains and 40.27% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found NAK’s volatility during a week at 8.42% and during a month it has been found around 6.94%.Northern Dynasty Minerals Ltd. (NAK) Top Holders
Institutional investors currently hold around $68 million or 17.9% in NAK stock. Look at its top three institutional owners. Vertex One Asset Management Inc. owns $10.91 million in Northern Dynasty Minerals Ltd., which represents roughly 1.67% of the company’s market cap and approximately 16.05% of the institutional ownership. Similar statistics are true for the second largest owner, Wellington Management Group Llp, which owns 3,875,333 shares of the stock are valued at $7.71 million. The third largest holder is Russell Investments Group, Ltd., which currently holds $6.39 million worth of this stock and that ownership represents nearly 0.98% of its market capitalization.
At the end of June reporting period, 27 institutional holders increased their position in Northern Dynasty Minerals Ltd. (NYSE:NAK) by some 5,889,223 shares, 35 decreased positions by 13,555,527 and 20 held positions by 14,694,275. That puts total institutional holdings at 34,139,025 shares, according to SEC filings. The stock grabbed 11 new institutional investments totaling 1,395,773 shares while 14 institutional investors sold out their entire positions totaling 5,379,974 shares.Northern Dynasty Minerals Ltd. (NAK) Analyst Guide
Several analysts have released their opinion on Northern Dynasty Minerals Ltd. (NYSE:NAK), with 1 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.