Northern Dynasty Minerals' (NAK) Buy Rating Reiterated at HC Wainwright

Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM's stock had its "buy" rating restated by equities research analysts at HC Wainwright in a research report issued on Tuesday,Benzinga reports. They presently have a $1.30 target price on the mining company's stock. HC Wainwright's price objective indicates a potential upside of 75.68% from the company's previous close.

Several other brokerages have also recently issued reports on NAK. StockNews.com assumed coverage on Northern Dynasty Minerals in a report on Friday, December 27th. They set a "sell" rating for the company. Canaccord Genuity Group raised Northern Dynasty Minerals to a "strong-buy" rating in a research note on Thursday, January 2nd.

Northern Dynasty Minerals Trading Up 0.7 %

Shares of NAK stock traded up $0.01 during trading hours on Tuesday, reaching $0.74. 3,466,260 shares of the company's stock were exchanged, compared to its average volume of 4,959,803. The company has a market cap of $397.96 million, a price-to-earnings ratio of -18.50 and a beta of 0.51. Northern Dynasty Minerals has a 1 year low of $0.23 and a 1 year high of $0.78.

Institutional Trading of Northern Dynasty Minerals

Institutional investors and hedge funds have recently bought and sold shares of the business. Game Plan Financial Advisors LLC lifted its stake in shares of Northern Dynasty Minerals by 29.5% during the fourth quarter. Game Plan Financial Advisors LLC now owns 79,000 shares of the mining company's stock worth $45,000 after purchasing an additional 18,000 shares in the last quarter. Smith Anglin Financial LLC raised its holdings in shares of Northern Dynasty Minerals by 19.0% during the 4th quarter. Smith Anglin Financial LLC now owns 125,000 shares of the mining company's stock valued at $73,000 after buying an additional 20,000 shares during the period. Stifel Financial Corp lifted its position 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 acquiring an additional 39,500 shares in the last quarter. XTX Topco Ltd lifted its position in Northern Dynasty Minerals by 104.4% during the 3rd quarter. XTX Topco Ltd now owns 102,500 shares of the mining company's stock worth $34,000 after acquiring an additional 52,346 shares in the last quarter. Finally, RFG Advisory LLC purchased a new position in Northern Dynasty Minerals in the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 10.55% of the company's stock.

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.