Northern Dynasty Minerals FY2025 EPS Cut by HC Wainwright

Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM - HC Wainwright reduced their FY2025 EPS estimates for Northern Dynasty Minerals in a research note issued on Monday, July 7th. HC Wainwright analyst H. Ihle now forecasts that the mining company will post earnings per share of ($0.08) for the year, down from their prior estimate of ($0.03). HC Wainwright currently has a "Buy" rating and a $2.50 price target on the stock. The consensus estimate for Northern Dynasty Minerals' current full-year earnings is ($0.03) per share.

Separately, Wall Street Zen upgraded shares of Northern Dynasty Minerals to a "sell" rating in a report on Wednesday, May 21st.

Northern Dynasty Minerals Stock Up 16.1%

NYSEAMERICAN:NAK traded up $0.29 during mid-day trading on Wednesday, reaching $2.09. The company's stock had a trading volume of 29,908,244 shares, compared to its average volume of 4,594,384. Northern Dynasty Minerals has a 1 year low of $0.30 and a 1 year high of $2.16. The stock has a fifty day moving average of $1.21 and a 200-day moving average of $0.86. The firm has a market capitalization of $1.13 billion, a PE ratio of -20.90 and a beta of -0.69.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its position in shares of 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 valued at $1,890,000 after acquiring an additional 2,022,304 shares in the last quarter. Two Sigma Investments LP acquired a new stake in Northern Dynasty Minerals during the 4th quarter valued at approximately $218,000. Tidal Investments LLC acquired a new stake in Northern Dynasty Minerals during the 4th quarter valued at approximately $143,000. Wells Fargo & Company MN lifted its holdings in Northern Dynasty Minerals by 8.4% during the 4th quarter. Wells Fargo & Company MN now owns 1,018,599 shares of the mining company's stock worth $592,000 after buying an additional 78,554 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new stake in shares of Northern Dynasty Minerals in the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 10.55% of the company's stock.

About Northern Dynasty Minerals

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.