Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM was the recipient of unusually large options trading on Monday. Stock traders bought 15,190 call options on the stock. This is an increase of 155% compared to the average volume of 5,965 call options.
Northern Dynasty Minerals Stock Down 3.7%
Shares of NYSEAMERICAN:NAK traded down $0.06 on Wednesday, reaching $1.43. 7,578,703 shares of the company's stock were exchanged, compared to its average volume of 4,269,092. The business's 50-day moving average is $1.17 and its two-hundred day moving average is $0.82. Northern Dynasty Minerals has a fifty-two week low of $0.29 and a fifty-two week high of $1.59. The firm has a market capitalization of $768.63 million, a price-to-earnings ratio of -14.25 and a beta of -0.70.
Institutional Trading of Northern Dynasty Minerals
Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets increased its stake in Northern Dynasty Minerals by 164.8% during 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 buying an additional 2,022,304 shares during the period. Dauntless Investment Group LLC purchased a new stake in Northern Dynasty Minerals in the 4th quarter worth about $1,233,000. Wells Fargo & Company MN increased its stake 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 valued at $592,000 after buying an additional 78,554 shares during the period. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Northern Dynasty Minerals in the 1st quarter valued at approximately $823,000. Finally, Nations Financial Group Inc. IA ADV bought a new stake in Northern Dynasty Minerals in the first quarter worth $460,000. Institutional investors and hedge funds own 10.55% of the company's stock.
Analyst Ratings Changes
Separately, Wall Street Zen upgraded shares of Northern Dynasty Minerals to a "sell" rating in a report on Wednesday, May 21st.
Read Our Latest Report on NAK
About Northern Dynasty Minerals
(
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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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