Northern Dynasty Minerals FY2025 EPS Lowered by HC Wainwright

Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Free Report) TSE: NDM - Equities researchers at HC Wainwright cut their FY2025 earnings estimates for shares of Northern Dynasty Minerals in a research note issued to investors on Monday, July 7th. HC Wainwright analyst H. Ihle now anticipates that the mining company will post earnings of ($0.08) per share for the year, down from their previous estimate of ($0.03). HC Wainwright currently has a "Buy" rating and a $2.50 price objective 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 research note on Wednesday, May 21st.

Northern Dynasty Minerals Trading Down 0.9%

Shares of NYSEAMERICAN NAK traded down $0.02 on Wednesday, reaching $2.16. 16,619,204 shares of the company traded hands, compared to its average volume of 4,815,565. Northern Dynasty Minerals has a fifty-two week low of $0.30 and a fifty-two week high of $2.40. The company has a 50 day moving average of $1.25 and a 200 day moving average of $0.88. The stock has a market capitalization of $1.17 billion, a PE ratio of -21.60 and a beta of -0.69.

Hedge Funds Weigh In On Northern Dynasty Minerals

A number of institutional investors have recently modified their holdings of NAK. Wealth Enhancement Advisory Services LLC grew its stake in shares of Northern Dynasty Minerals by 37.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 18,320 shares of the mining company's stock worth $26,000 after acquiring an additional 5,000 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Northern Dynasty Minerals during the 1st quarter worth $25,000. Allworth Financial LP bought a new position in shares of Northern Dynasty Minerals during the 1st quarter worth $28,000. Allium Financial Advisors LLC bought a new position in shares of Northern Dynasty Minerals during the 1st quarter worth $29,000. Finally, SBI Securities Co. Ltd. boosted its stake in 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 worth $31,000 after purchasing an additional 23,042 shares during the period. 10.55% of the stock is owned by institutional investors and hedge funds.

Northern Dynasty Minerals Company 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.