As this happened, H.C. Wainwright initiated its Northern Dynasty Minerals Ltd [NAK] rating to a Buy in a research note published on October 19, 2017; the price target was $2.50. A number of analysts have revised their coverage, including Gabelli & Co’s analysts, who began to cover the stock in late December with a ‘”a Buy”‘ rating. Canaccord Adams also remained covering NAK and has decreased its forecast on April 07, 2009 with a “Sell” recommendation from previously “Hold” rating. Canaccord Adams started covering the stock on October 27, 2008. It rated NAK as “a Buy”.
Price Performance Review of NAK
On Tuesday, Northern Dynasty Minerals Ltd [AMEX:NAK] saw its stock jump 2.59% to $1.19. Over the last five days, the stock has gained 68.10%. Northern Dynasty Minerals Ltd shares have risen nearly 104.64% since the year began. Nevertheless, the stocks have risen 304.76% over the past one year. While a 52-week high of $1.28 was reached on 03/25/25, a 52-week low of $0.27 was recorded on 02/25/25. SMA at 50 days reached $0.7041, while 200 days put it at $0.4735.
Levels Of Support And Resistance For NAK Stock
The 24-hour chart illustrates a support level at 1.0900, which if violated will result in even more drops to 0.9900. On the upside, there is a resistance level at 1.2900. A further resistance level may holdings at 1.3900. The Relative Strength Index (RSI) on the 14-day chart is 83.94, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.2922, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 15.38%. Stochastics %K at 86.77% indicates the stock is a selling.
How much short interest is there in Northern Dynasty Minerals Ltd?
A steep rise in short interest was recorded in Northern Dynasty Minerals Ltd stocks on 2025-03-14, dropping by -0.24 million shares to a total of 6.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 6.53 million shares. There was a decline of -3.83%, which implies that there is a negative sentiment for the stock.
