Northern Dynasty Minerals (NYSEAMERICAN:NAK) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) in a report issued on Friday. The brokerage issued a sell rating on the mining company’s stock.

Separately, HC Wainwright boosted their price target on Northern Dynasty Minerals from $0.80 to $1.30 and gave the company a “buy” rating in a research report on Wednesday, November 6th.

Northern Dynasty Minerals Price Performance

Shares of NYSEAMERICAN NAK opened at $0.57 on Friday. The firm has a market cap of $306.50 million, a PE ratio of -14.25 and a beta of 0.55. Northern Dynasty Minerals has a 52-week low of $0.23 and a 52-week high of $0.58.

Institutional Investors Weigh In On Northern Dynasty Minerals

Large investors have recently added to or reduced their stakes in the company. Stifel Financial Corp grew its stake in Northern Dynasty Minerals by 71.8% during the 3rd quarter. Stifel Financial Corp now owns 94,500 shares of the mining company’s stock valued at $31,000 after purchasing an additional 39,500 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Northern Dynasty Minerals during the third quarter worth approximately $33,000. XTX Topco Ltd increased its stake in shares of Northern Dynasty Minerals by 104.4% in the third quarter. XTX Topco Ltd now owns 102,500 shares of the mining company’s stock worth $34,000 after buying an additional 52,346 shares during the last quarter. Smith Anglin Financial LLC raised its holdings in Northern Dynasty Minerals by 61.5% in the third quarter. Smith Anglin Financial LLC now owns 105,000 shares of the mining company’s stock valued at $35,000 after acquiring an additional 40,000 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in Northern Dynasty Minerals during the 3rd quarter valued at $60,000. 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.