Northern Dynasty Minerals Ltd. (NAK) : Traders are bullish on Northern Dynasty Minerals Ltd. (NAK) as it has outperformed the S&P 500 by a wide margin of 44.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 17.35%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 19.1% in the last 1 week, and is up 50.84% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 39% and the 50-Day Moving Average is 42.65%.
Northern Dynasty Minerals Ltd. (NYSEMKT:NAK): The stock opened at $0.51 on Friday but the bulls could not build on the opening and the stock topped out at $0.54 for the day. The stock traded down to $0.49 during the day, due to lack of any buying support eventually closed down at $0.50 with a loss of -4.04% for the day. The stock had closed at $0.53 on the previous day. The total traded volume was 1,417,059 shares.
Institutional Investors own 7.6% of Northern Dynasty Minerals Ltd. shares.
Northern Dynasty Minerals Ltd. (Northern Dynasty) is a mineral exploration company. The Company through its subsidiaries holds a 100% interest in mining claims on State of Alaska land in southwest Alaska, the United States, which are part of or in the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). The Pebble Project is located in southwest Alaska, 19 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage.