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Basic Materials

Hot Stock to Track: Northern Dynasty Minerals Ltd. (NYSE: NAK)

Michael Hunt

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On Tuesday, Shares of Northern Dynasty Minerals Ltd. (NYSE: NAK) declined -3.21% to $0.46. The stock opened its trade at $0.44 and after floating in a price range of $0.43 to $0.46; the stock grabbed the investor’s attention and traded 3,066,018 shares as compared to its average daily volume of 1.20M shares. The stock’s institutional ownership stands at 17.90%.

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Northern Dynasty Minerals Ltd. (NAK) on Monday stated a loss of $8.80M in its first quarter. The Vancouver, British Columbia-based company said it had a loss of 3 cents per share.

NAK has a market value of $211.14M while its EPS was booked as $-0.18 in the last 12 months. The stock has 464.04M shares outstanding. Beta value of the company was -0.07; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.00.

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I am Michael Hunt and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind irnpost.com with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Basic Materials” category.

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