Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 731,000 shares of the mining company's stock, valued at approximately $823,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.14% of Northern Dynasty Minerals as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Baader Bank Aktiengesellschaft purchased a new position in shares of Northern Dynasty Minerals in the 1st quarter valued at about $56,000. Allium Financial Advisors LLC purchased a new position in shares of Northern Dynasty Minerals in the 1st quarter valued at about $29,000. Wealth Alliance LLC increased its stake in shares of Northern Dynasty Minerals by 32.1% in the 1st quarter. Wealth Alliance LLC now owns 45,225 shares of the mining company's stock valued at $52,000 after purchasing an additional 11,000 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Northern Dynasty Minerals by 571.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 27,073 shares of the mining company's stock valued at $31,000 after purchasing an additional 23,042 shares in the last quarter. Finally, Cerity Partners LLC purchased a new position in shares of Northern Dynasty Minerals in the 1st quarter valued at about $80,000. Hedge funds and other institutional investors own 10.55% of the company's stock.
Northern Dynasty Minerals Trading Up 1.1%
NYSEAMERICAN:NAK opened at $0.91 on Monday. Northern Dynasty Minerals, Ltd. has a 12 month low of $0.30 and a 12 month high of $2.40. The stock has a 50 day moving average of $1.27 and a two-hundred day moving average of $1.01. The firm has a market cap of $502.09 million, a P/E ratio of -8.27 and a beta of -0.77.
Analysts Set New Price Targets
NAK has been the subject of several recent analyst reports. Wall Street Zen upgraded Northern Dynasty Minerals to a "sell" rating in a research note on Wednesday, May 21st. HC Wainwright lifted their price target on Northern Dynasty Minerals from $1.30 to $2.50 and gave the company a "buy" rating in a research note on Monday, July 7th.
View Our Latest Analysis on Northern Dynasty Minerals
Northern Dynasty Minerals Company Profile
(
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.
See Also
Want to see what other hedge funds are holding NAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Northern Dynasty Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northern Dynasty Minerals wasn't on the list.
While Northern Dynasty Minerals currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access