Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $0.35. Northern Dynasty Minerals shares last traded at $0.35, with a volume of 2,970,466 shares changing hands.
Analyst Upgrades and Downgrades
Separately, HC Wainwright decreased their price target on Northern Dynasty Minerals from $0.90 to $0.80 and set a "buy" rating for the company in a research note on Tuesday, March 19th.
Read Our Latest Stock Report on NAK
Northern Dynasty Minerals Price Performance
The firm has a market cap of $188.20 million, a P/E ratio of -8.75 and a beta of 0.75.
Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM last announced its quarterly earnings results on Monday, April 1st. The mining company reported ($0.01) earnings per share for the quarter.
Institutional Investors Weigh In On Northern Dynasty Minerals
Several institutional investors have recently made changes to their positions in NAK. Integrated Advisors Network LLC increased its holdings in shares of Northern Dynasty Minerals by 73.3% during the fourth quarter. Integrated Advisors Network LLC now owns 130,000 shares of the mining company's stock worth $42,000 after buying an additional 55,000 shares in the last quarter. Virtu Financial LLC increased its holdings in Northern Dynasty Minerals by 33.7% in the fourth quarter. Virtu Financial LLC now owns 189,793 shares of the mining company's stock valued at $61,000 after purchasing an additional 47,858 shares during the period. Invenomic Capital Management LP acquired a new stake in Northern Dynasty Minerals in the fourth quarter valued at $947,000. BNP Paribas Financial Markets increased its holdings in Northern Dynasty Minerals by 142.4% in the fourth quarter. BNP Paribas Financial Markets now owns 511,800 shares of the mining company's stock valued at $165,000 after purchasing an additional 300,680 shares during the period. Finally, GAM Holding AG acquired a new stake in Northern Dynasty Minerals in the fourth quarter valued at $103,000. 10.55% of the stock is currently owned by institutional investors.
About Northern Dynasty Minerals
(
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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