RFG Advisory LLC Invests $31,000 in Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK)

RFG Advisory LLC acquired a new stake in Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 52,869 shares of the mining company’s stock, valued at approximately $31,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stifel Financial Corp lifted its holdings in shares of Northern Dynasty Minerals by 71.8% during the third quarter. Stifel Financial Corp now owns 94,500 shares of the mining company’s stock worth $31,000 after purchasing an additional 39,500 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Northern Dynasty Minerals during the 3rd quarter valued at approximately $33,000. XTX Topco Ltd boosted its holdings in shares of Northern Dynasty Minerals by 104.4% in the 3rd quarter. XTX Topco Ltd now owns 102,500 shares of the mining company’s stock valued at $34,000 after acquiring an additional 52,346 shares during the last quarter. Smith Anglin Financial LLC increased its stake in shares of 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 worth $35,000 after acquiring an additional 40,000 shares during the period. Finally, Virtu Financial LLC purchased a new position in shares of Northern Dynasty Minerals during the third quarter worth $60,000. 10.55% of the stock is owned by hedge funds and other institutional investors.

Northern Dynasty Minerals Trading Down 5.6 %

NAK stock opened at $0.64 on Wednesday. Northern Dynasty Minerals Ltd. has a one year low of $0.23 and a one year high of $0.78. The firm has a market cap of $345.15 million, a P/E ratio of -16.05 and a beta of 0.51.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on NAK shares. StockNews.com started coverage on shares of Northern Dynasty Minerals in a report on Friday, December 27th. They issued a “sell” rating on the stock. HC Wainwright raised their target price on Northern Dynasty Minerals from $0.80 to $1.30 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, Canaccord Genuity Group upgraded Northern Dynasty Minerals to a “strong-buy” rating in a research report on Thursday, January 2nd.

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.