Northern Dynasty Minerals (NYSEAMERICAN:NAK) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM in a report released on Wednesday. The firm set a "sell" rating on the mining company's stock.

Separately, HC Wainwright boosted their target price on shares of Northern Dynasty Minerals from $0.80 to $1.30 and gave the stock a "buy" rating in a research note on Wednesday, November 6th.

Northern Dynasty Minerals Stock Performance

Shares of NAK traded down $0.01 during midday trading on Wednesday, hitting $0.43. The company had a trading volume of 1,612,501 shares, compared to its average volume of 1,636,215. Northern Dynasty Minerals has a 1 year low of $0.23 and a 1 year high of $0.56. The stock has a market capitalization of $232.62 million, a PE ratio of -10.88 and a beta of 0.53.

Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM last posted its quarterly earnings results on Wednesday, August 14th. The mining company reported ($0.01) EPS for the quarter. Analysts predict that Northern Dynasty Minerals will post -0.03 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of NAK. Russell Investments Group Ltd. increased its position in Northern Dynasty Minerals by 1.3% during the first quarter. Russell Investments Group Ltd. now owns 7,425,864 shares of the mining company's stock worth $2,356,000 after buying an additional 94,095 shares during the period. Herr Investment Group LLC increased its holdings in shares of 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 acquiring an additional 999,891 shares during the period. Cadinha & Co. LLC raised its position 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 purchasing an additional 400,000 shares during the last quarter. GAM Holding AG boosted its stake 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 during the period. Finally, Smith Anglin Financial LLC boosted its stake in Northern Dynasty Minerals by 61.5% during the 3rd quarter. Smith Anglin Financial LLC now owns 105,000 shares of the mining company's stock worth $35,000 after purchasing an additional 40,000 shares during the period. 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.