Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.40. Northern Dynasty Minerals shares last traded at $0.39, with a volume of 4,797,672 shares.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reaffirmed a "buy" rating and set a $0.80 target price on shares of Northern Dynasty Minerals in a report on Wednesday, July 3rd.
View Our Latest Stock Analysis on NAK
Northern Dynasty Minerals Stock Performance
The firm has a market cap of $216.43 million, a PE ratio of -9.85 and a beta of 0.55.
Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM last posted its earnings results on Wednesday, August 14th. The mining company reported ($0.01) EPS for the quarter. As a group, analysts anticipate that Northern Dynasty Minerals Ltd. will post -0.03 earnings per share for the current fiscal year.
Institutional Trading of Northern Dynasty Minerals
Several hedge funds have recently made changes to their positions in NAK. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Northern Dynasty Minerals during the first quarter worth about $4,228,000. Herr Investment Group LLC acquired a new stake in shares of Northern Dynasty Minerals during the first quarter worth about $2,986,000. Cadinha & Co. LLC lifted its position in shares of Northern Dynasty Minerals by 40.0% during the third quarter. Cadinha & Co. LLC now owns 1,400,000 shares of the mining company's stock worth $464,000 after purchasing an additional 400,000 shares in the last quarter. GAM Holding AG lifted its position in shares of Northern Dynasty Minerals by 56.3% during the second 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 in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of 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 purchasing an additional 94,095 shares in the last quarter. Institutional investors and hedge funds own 10.55% of the company's stock.
About Northern Dynasty Minerals
(
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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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