Northern Dynasty Minerals Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com
| NDM Stock | CAD 0.76 0.06 8.57% |
About 55% of Northern Dynasty's investors are presently thinking to get in. The current sentiment regarding investing in Northern Dynasty Minerals stock implies that some traders are interested. Northern Dynasty's investing sentiment overview a quick insight into current market opportunities from investing in Northern Dynasty Minerals. Many technical investors use Northern Dynasty Minerals stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Northern Dynasty Minerals Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 Marketscreener.com
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Northern Dynasty Fundamental Analysis
We analyze Northern Dynasty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Dynasty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Dynasty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
Northern Dynasty is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Northern Dynasty Minerals Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northern Dynasty stock to make a market-neutral strategy. Peer analysis of Northern Dynasty could also be used in its relative valuation, which is a method of valuing Northern Dynasty by comparing valuation metrics with similar companies.
Peers
Northern Dynasty Related Equities
| NG | NovaGold Resources | 9.24 | ||||
| NGD | New Gold | 6.05 | ||||
| TKO | Taseko Mines | 2.34 | ||||
| WRN | Western Copper | 0.64 |
Check out Northern Dynasty Hype Analysis, Northern Dynasty Correlation and Northern Dynasty Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.