Northern Dynasty Minerals FY2025 EPS Cut by HC Wainwright

Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM - Research analysts at HC Wainwright cut their FY2025 earnings estimates for shares of Northern Dynasty Minerals in a note issued to investors on Monday, July 7th. HC Wainwright analyst H. Ihle now expects 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 Northern Dynasty Minerals to a "sell" rating in a report on Wednesday, May 21st.

Northern Dynasty Minerals Price Performance

Shares of NYSEAMERICAN:NAK traded up $0.09 on Wednesday, hitting $2.18. 41,543,137 shares of the company's stock were exchanged, compared to its average volume of 4,768,301. Northern Dynasty Minerals has a 12 month low of $0.30 and a 12 month high of $2.39. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of -21.80 and a beta of -0.69. The business's 50 day simple moving average is $1.25 and its two-hundred day simple moving average is $0.88.

Institutional Investors Weigh In On Northern Dynasty Minerals

A number of institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets grew its stake in Northern Dynasty Minerals by 164.8% in the 4th 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 during the period. Two Sigma Investments LP acquired a new stake in Northern Dynasty Minerals in the 4th quarter worth about $218,000. Tidal Investments LLC acquired a new stake in Northern Dynasty Minerals in the 4th quarter worth about $143,000. Wells Fargo & Company MN boosted its holdings in Northern Dynasty Minerals by 8.4% in 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 acquired a new stake in Northern Dynasty Minerals in the 4th quarter worth about $44,000. 10.55% of the stock is currently owned by institutional investors and hedge funds.

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.