Northern Dynasty Minerals (NYSEAMERICAN:NAK) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) in a research report released on Tuesday morning. The firm issued a sell rating on the mining company’s stock.

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

Northern Dynasty Minerals Stock Performance

NAK opened at $0.47 on Tuesday. The company has a market cap of $252.46 million, a PE ratio of -11.69 and a beta of 0.53. Northern Dynasty Minerals has a one year low of $0.23 and a one year high of $0.56.

Institutional Trading of Northern Dynasty Minerals

Several hedge funds have recently added to or reduced their stakes in the business. Stifel Financial Corp raised its holdings 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 worth $31,000 after buying an additional 39,500 shares during the period. Smith Anglin Financial LLC lifted its position in Northern Dynasty Minerals by 61.5% in the 3rd 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. XTX Topco Ltd boosted its stake in Northern Dynasty Minerals by 104.4% in the 3rd quarter. XTX Topco Ltd now owns 102,500 shares of the mining company’s stock worth $34,000 after purchasing an additional 52,346 shares during the period. Russell Investments Group Ltd. increased its holdings in Northern Dynasty Minerals by 1.3% during the 1st quarter. Russell Investments Group Ltd. now owns 7,425,864 shares of the mining company’s stock worth $2,356,000 after purchasing an additional 94,095 shares in the last quarter. Finally, GAM Holding AG increased its holdings in Northern Dynasty Minerals by 56.3% during the 2nd quarter. GAM Holding AG now owns 500,000 shares of the mining company’s stock worth $155,000 after purchasing an additional 180,000 shares in the last quarter. Institutional investors and hedge funds own 10.55% of the company’s stock.

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.