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 55.26% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 23.47%, 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 23.38% in the last 1 week, and is up 60.47% 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 24.01% and the 50-Day Moving Average is 45.04%. Northern Dynasty Minerals Ltd. is up 26.51% in the last 3-month period. Year-to-Date the stock performance stands at 75.48%.
Northern Dynasty Minerals Ltd. (NYSEMKT:NAK): stock turned positive on Friday. Though the stock opened at $0.5216, the bulls momentum made the stock top out at $0.546 level for the day. The stock recorded a low of $0.515 and closed the trading day at $0.544, in the green by 5.20%. The total traded volume for the day was 1,505,280. The stock had closed at $0.5171 in the previous days trading.
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.