Northern Dynasty Minerals (NYSEAMERICAN:NAK) Rating Increased to Sell at StockNews.com

Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM was upgraded by equities researchers at StockNews.com to a "sell" rating in a report released on Wednesday.

Separately, HC Wainwright reissued a "buy" rating and issued a $1.30 target price on shares of Northern Dynasty Minerals in a research report on Tuesday, February 4th.

Northern Dynasty Minerals Price Performance

NAK opened at $0.96 on Wednesday. The stock's 50 day simple moving average is $0.99 and its 200 day simple moving average is $0.67. The firm has a market cap of $516.51 million, a price-to-earnings ratio of -24.00 and a beta of 0.51. Northern Dynasty Minerals has a 1 year low of $0.27 and a 1 year high of $1.29.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. RFG Advisory LLC purchased a new stake in shares of Northern Dynasty Minerals during the 4th quarter worth approximately $31,000. Game Plan Financial Advisors LLC increased its position in Northern Dynasty Minerals by 29.5% in the fourth quarter. Game Plan Financial Advisors LLC now owns 79,000 shares of the mining company's stock worth $45,000 after purchasing an additional 18,000 shares during the last quarter. Wells Fargo & Company MN raised its stake in Northern Dynasty Minerals by 8.4% during the fourth quarter. Wells Fargo & Company MN now owns 1,018,599 shares of the mining company's stock valued at $592,000 after purchasing an additional 78,554 shares in the last quarter. XTX Topco Ltd lifted its position in Northern Dynasty Minerals by 197.6% during the fourth quarter. XTX Topco Ltd now owns 305,080 shares of the mining company's stock valued at $177,000 after purchasing an additional 202,580 shares during the last quarter. Finally, Dauntless Investment Group LLC bought a new position in Northern Dynasty Minerals during the fourth quarter valued at $1,233,000. 10.55% of the stock is currently owned by institutional investors.

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.

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