Watch List Stock: Northern Dynasty Minerals Ltd. (NYSE:NAK)

Northern Dynasty Minerals Ltd. (NYSE:NAK) negotiated the trading capacity of 12610698 shares and observing the average volume of last three months the stock traded 1018.39K shares. The Stock has market cap of $146.57M and relative volume of 12.38. The stock dispatched -57.26% performance during the quarter and performance arrived at -77.18% over the last six months. In the last month, the price performed -45.92%.  Shares are now at -71.68% over the past year and year to date performance pointed at -73.44%. Contracting the focus on performance, delivered a move of -29.85% over the last week.

Northern Dynasty Minerals Ltd. (NYSE:NAK) advises that Northern Dynasty and First Quantum Minerals Ltd. (“First Quantum”) (TSX: FM) have been unable to reach agreement on the option and partnership transaction contemplated in the December 15, 2017 framework agreement (the “Framework Agreement”) between the parties. As such, the Framework Agreement has been terminated in accordance with its terms.

Northern Dynasty Minerals Ltd. (NAK) stock price is settled at $0.47 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that NAK spotted a negative behavior with drift of -33.29%. The stock has a beta of -0.06 compared to a beta of 1 for the market, which implies that the stock’s price movements are less extreme than the market as a whole. The stock therefore has below average level of market risk. During the past week, the stock’s average weekly volatility was 9.43% and 6.75% volatility over the past 30 days.

Northern Dynasty Minerals Ltd. (NAK) stock has been separated -68.03% away from the 200-day MA. Tracking current stock price levels in relation to some other popular moving averages, we have noted that the stock is trading -45.07% away from the 50-day MA and -40.67% off of the 20-day MA. Checking on recent price levels compared to prior highs and lows, we have seen that Northern Dynasty Minerals Ltd. (NAK) recently traded -52.99% away from the 50-day high and moved -28.77% from the 50-day low. Taking a wider observation, the current separation from the one year high is -79.90%, and the distance from the one year low is presently -28.77%.

Category – Business

Brandon Debolt has an experience in Content Writing, Journalism and love writing stories full of efficient language and accurate content. He is a graduate of University of Sydney and has two years’ experience of Wall Street Investor. Brandon covers Business category. His articles are published on Seeking Alpha, The Street, and The Motley Fool. Brianna has over 4 year experience as a news writer. Previously, he worked as a tech news reporter.

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