Earnings results might Drive Its Stock Price Northern Dynasty Minerals (NYSE:NAK)

Earnings results for Northern Dynasty Minerals (NYSE:NAK)

Northern Dynasty Minerals, Ltd. is estimated to report earnings on 11/12/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $-0.04.

Northern Dynasty Minerals last issued its earnings results on August 13th, 2020. The reported ($0.02) earnings per share (EPS) for the quarter. Northern Dynasty Minerals has generated ($0.14) earnings per share over the last year.

Analyst Opinion on Northern Dynasty Minerals (NYSE:NAK)

2 Wall Street analysts have issued ratings and price targets for Northern Dynasty Minerals in the last 12 months. Their average twelve-month price target is $2.20, predicting that the stock has a possible upside of 168.46%. The high price target for NAK is $3.25 and the low price target for NAK is $1.15. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Northern Dynasty Minerals has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $2.20, Northern Dynasty Minerals has a forecasted upside of 168.5% from its current price of $0.82. Northern Dynasty Minerals has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Northern Dynasty Minerals (NYSE:NAK)

Northern Dynasty Minerals does not currently pay a dividend. Northern Dynasty Minerals does not have a long track record of dividend growth.

Insiders buying/selling: Northern Dynasty Minerals (NYSE:NAK)

In the past three months, Northern Dynasty Minerals insiders have not sold or bought any company stock. Only 7.57% of the stock of Northern Dynasty Minerals is held by institutions.

Earnings and Valuation of Northern Dynasty Minerals (NYSE:NAK

Earnings for Northern Dynasty Minerals are expected to remain at ($0.08) per share in the coming year. The P/E ratio of Northern Dynasty Minerals is -7.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Northern Dynasty Minerals is -7.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Northern Dynasty Minerals has a P/B Ratio of 3.41. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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