Shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.34. Northern Dynasty Minerals shares last traded at $0.34, with a volume of 679,429 shares traded.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright restated a "buy" rating and issued a $0.80 price objective on shares of Northern Dynasty Minerals in a research note on Wednesday, July 3rd.
Check Out Our Latest Stock Report on Northern Dynasty Minerals
Northern Dynasty Minerals Stock Down 3.0 %
The stock has a market cap of $178.63 million, a PE ratio of -8.31 and a beta of 0.55.
Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM last issued its quarterly earnings data on Wednesday, August 14th. The mining company reported ($0.01) EPS for the quarter. As a group, equities analysts expect that Northern Dynasty Minerals Ltd. will post -0.03 earnings per share for the current year.
Institutional Investors Weigh In On Northern Dynasty Minerals
Several institutional investors have recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Northern Dynasty Minerals during the first quarter worth $4,228,000. Herr Investment Group LLC increased its stake 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 last quarter. Russell Investments Group Ltd. raised its position in shares of Northern Dynasty Minerals by 1.3% in the 1st quarter. Russell Investments Group Ltd. now owns 7,425,864 shares of the mining company's stock valued at $2,356,000 after acquiring an additional 94,095 shares during the period. Invenomic Capital Management LP acquired a new stake in shares of Northern Dynasty Minerals in the 4th quarter valued at approximately $947,000. Finally, 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 acquiring an additional 180,000 shares during the last quarter. Institutional investors and hedge funds own 10.55% of the company's stock.
Northern Dynasty Minerals Company Profile
(
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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.
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