Northern Dynasty Minerals (NYSEAMERICAN:NAK) Now Covered by StockNews.com

by · The Cerbat Gem

Research analysts at StockNews.com started coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK – Get Free Report) (TSE:NDM) in a research note issued to investors on Friday. The firm set a “sell” rating on the mining company’s stock.

Separately, HC Wainwright increased their price objective on Northern Dynasty Minerals from $0.80 to $1.30 and gave the stock a “buy” rating in a research note on Wednesday, November 6th.

Check Out Our Latest Report on Northern Dynasty Minerals

Northern Dynasty Minerals Stock Performance

NYSEAMERICAN NAK opened at $0.57 on Friday. Northern Dynasty Minerals has a 1-year low of $0.23 and a 1-year high of $0.58. The company has a market cap of $306.50 million, a price-to-earnings ratio of -14.25 and a beta of 0.55.

Institutional Investors Weigh In On Northern Dynasty Minerals

A number of large investors have recently bought and sold shares of the business. Herr Investment Group LLC boosted its stake in Northern Dynasty Minerals by 10.7% in the second quarter. Herr Investment Group LLC now owns 10,330,688 shares of the mining company’s stock worth $3,204,000 after purchasing an additional 999,891 shares in the last quarter. Invenomic Capital Management LP raised its holdings in shares of Northern Dynasty Minerals by 145.4% in the third quarter. Invenomic Capital Management LP now owns 6,997,729 shares of the mining company’s stock valued at $2,320,000 after buying an additional 4,145,767 shares during the last quarter. Cadinha & Co. LLC lifted its position in Northern Dynasty Minerals by 40.0% during the 3rd quarter. Cadinha & Co. LLC now owns 1,400,000 shares of the mining company’s stock worth $464,000 after buying an additional 400,000 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Northern Dynasty Minerals by 673.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,227,304 shares of the mining company’s stock worth $407,000 after acquiring an additional 1,068,704 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in Northern Dynasty Minerals in the 3rd quarter valued at about $60,000. 10.55% of the stock is currently owned by institutional investors.

Northern Dynasty Minerals Company Profile

(Get Free Report)

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States.

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