Northern Dynasty Minerals (NYSEAMERICAN:NAK) Coverage Initiated by Analysts at StockNews.com

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

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

Northern Dynasty Minerals Stock Performance

NYSEAMERICAN NAK opened at $0.47 on Tuesday. Northern Dynasty Minerals has a 12 month low of $0.23 and a 12 month high of $0.56. The company has a market capitalization of $254.18 million, a P/E ratio of -11.82 and a beta of 0.53.

Institutional Trading of Northern Dynasty Minerals

Large investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its position in Northern Dynasty Minerals by 1.3% in the first quarter. Russell Investments Group Ltd. now owns 7,425,864 shares of the mining company’s stock worth $2,356,000 after acquiring an additional 94,095 shares in the last quarter. Herr Investment Group LLC grew its stake in Northern Dynasty Minerals by 10.7% in the 2nd quarter. Herr Investment Group LLC now owns 10,330,688 shares of the mining company’s stock valued at $3,204,000 after buying an additional 999,891 shares during the last quarter. Cadinha & Co. LLC grew its stake in Northern Dynasty Minerals by 40.0% in the 3rd quarter. Cadinha & Co. LLC now owns 1,400,000 shares of the mining company’s stock valued at $464,000 after buying an additional 400,000 shares during the last quarter. GAM Holding AG grew its stake in Northern Dynasty Minerals by 56.3% in the 2nd quarter. GAM Holding AG now owns 500,000 shares of the mining company’s stock valued at $155,000 after buying an additional 180,000 shares during the last quarter. Finally, Smith Anglin Financial LLC grew its stake 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 buying an additional 40,000 shares during the last quarter. 10.55% of the stock is owned by institutional investors.

About Northern Dynasty Minerals

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.