245,852 Shares in Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) Bought by Tidal Investments LLC

Tidal Investments LLC purchased a new position in shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 245,852 shares of the mining company's stock, valued at approximately $143,000.

Several other institutional investors also recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in shares of Northern Dynasty Minerals by 1,042.0% in the 4th quarter. Bank of America Corp DE now owns 138,092 shares of the mining company's stock worth $80,000 after buying an additional 126,000 shares during the last quarter. BNP Paribas Financial Markets raised its position in Northern Dynasty Minerals by 164.8% in the fourth quarter. BNP Paribas Financial Markets now owns 3,249,608 shares of the mining company's stock worth $1,890,000 after acquiring an additional 2,022,304 shares during the period. Allegheny Financial Group purchased a new position in Northern Dynasty Minerals in the fourth quarter valued at about $30,000. Dauntless Investment Group LLC purchased a new position in Northern Dynasty Minerals in the fourth quarter valued at about $1,233,000. Finally, XTX Topco Ltd grew its position in shares of Northern Dynasty Minerals by 197.6% during the 4th quarter. XTX Topco Ltd now owns 305,080 shares of the mining company's stock valued at $177,000 after acquiring an additional 202,580 shares during the period. 10.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Wall Street Zen raised shares of Northern Dynasty Minerals to a "sell" rating in a report on Wednesday, May 21st. HC Wainwright restated a "buy" rating and issued a $1.30 target price on shares of Northern Dynasty Minerals in a research note on Tuesday, February 4th.

Northern Dynasty Minerals Trading Down 5.5%

Shares of Northern Dynasty Minerals stock traded down $0.07 on Wednesday, hitting $1.20. 9,241,305 shares of the company traded hands, compared to its average volume of 3,705,547. Northern Dynasty Minerals Ltd. has a 12-month low of $0.27 and a 12-month high of $1.35. The company has a market cap of $645.64 million, a P/E ratio of -30.00 and a beta of 0.51. The firm's 50-day simple moving average is $1.03 and its 200 day simple moving average is $0.70.

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.