Cadinha & Co. LLC Decreases Holdings in Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK)

Cadinha & Co. LLC lowered its position in shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM by 85.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 202,384 shares of the mining company's stock after selling 1,197,616 shares during the quarter. Cadinha & Co. LLC's holdings in Northern Dynasty Minerals were worth $233,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Allegheny Financial Group acquired a new position in shares of Northern Dynasty Minerals in the 4th quarter valued at $30,000. Squarepoint Ops LLC bought a new position in shares of Northern Dynasty Minerals in the 4th quarter valued at about $44,000. Game Plan Financial Advisors LLC boosted its stake in Northern Dynasty Minerals by 29.5% during the 4th quarter. Game Plan Financial Advisors LLC now owns 79,000 shares of the mining company's stock worth $45,000 after acquiring an additional 18,000 shares during the last quarter. Bank of America Corp DE boosted its stake in Northern Dynasty Minerals by 1,042.0% during the 4th quarter. Bank of America Corp DE now owns 138,092 shares of the mining company's stock worth $80,000 after acquiring an additional 126,000 shares during the last quarter. Finally, Two Sigma Advisers LP bought a new position in Northern Dynasty Minerals in the fourth quarter valued at approximately $82,000. Institutional investors and hedge funds own 10.55% of the company's stock.

Analyst Ratings Changes

NAK has been the topic of a number of recent research reports. HC Wainwright reiterated a "buy" rating and issued a $1.30 price objective on shares of Northern Dynasty Minerals in a report on Tuesday, February 4th. Wall Street Zen upgraded shares of Northern Dynasty Minerals to a "sell" rating in a research note on Wednesday, May 21st.

Northern Dynasty Minerals Stock Down 3.1%

NYSEAMERICAN NAK traded down $0.03 on Friday, hitting $1.05. The company's stock had a trading volume of 2,104,181 shares, compared to its average volume of 3,465,407. The company's 50-day moving average is $1.02 and its 200 day moving average is $0.69. The firm has a market cap of $563.05 million, a PE ratio of -26.16 and a beta of 0.51. Northern Dynasty Minerals Ltd. has a 1-year low of $0.27 and a 1-year high of $1.29.

Northern Dynasty Minerals Profile

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.