Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM gapped up prior to trading on Thursday . The stock had previously closed at $2.30, but opened at $2.39. Northern Dynasty Minerals shares last traded at $1.52, with a volume of 53,179,331 shares traded.
Analyst Upgrades and Downgrades
NAK has been the subject of a number of research analyst reports. HC Wainwright lifted their target price on shares of Northern Dynasty Minerals from $1.30 to $2.50 and gave the stock a "buy" rating in a research report on Monday, July 7th. Wall Street Zen upgraded Northern Dynasty Minerals to a "sell" rating in a research report on Wednesday, May 21st.
View Our Latest Analysis on Northern Dynasty Minerals
Northern Dynasty Minerals Price Performance
The company has a market cap of $527.52 million, a P/E ratio of -9.66 and a beta of -0.69. The firm's 50-day moving average is $1.35 and its two-hundred day moving average is $0.94.
Institutional Investors Weigh In On Northern Dynasty Minerals
Several hedge funds have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in 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 valued at $26,000 after buying an additional 5,000 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in Northern Dynasty Minerals during the 1st quarter valued at about $25,000. Allworth Financial LP acquired a new position in Northern Dynasty Minerals during the 1st quarter valued at about $28,000. Allium Financial Advisors LLC acquired a new position in Northern Dynasty Minerals during the 1st quarter valued at about $29,000. Finally, SBI Securities Co. Ltd. increased its position in Northern Dynasty Minerals by 571.6% during the 1st quarter. SBI Securities Co. Ltd. now owns 27,073 shares of the mining company's stock valued at $31,000 after buying an additional 23,042 shares in the last quarter. 10.55% of the stock is currently owned by hedge funds and other institutional investors.
Northern Dynasty Minerals Company Profile
(
Get Free Report)
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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