Shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM crossed 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 $0.41. Northern Dynasty Minerals shares last traded at $0.39, with a volume of 1,184,491 shares trading hands.
Analyst Ratings Changes
Separately, HC Wainwright reiterated a "buy" rating and set a $0.80 price target on shares of Northern Dynasty Minerals in a report on Wednesday, July 3rd.
Check Out Our Latest Research Report on Northern Dynasty Minerals
Northern Dynasty Minerals Price Performance
The firm has a market cap of $213.42 million, a P/E ratio of -9.92 and a beta of 0.55.
Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM last announced its quarterly earnings data on Wednesday, August 14th. The mining company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts expect that Northern Dynasty Minerals Ltd. will post -0.03 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Northern Dynasty Minerals
Hedge funds and other institutional investors have recently modified their holdings of the stock. Mirae Asset Global Investments Co. Ltd. bought a new position in Northern Dynasty Minerals in the first quarter worth $4,228,000. Russell Investments Group Ltd. lifted its position in Northern Dynasty Minerals by 1.3% in 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 during the period. Herr Investment Group LLC bought a new position in Northern Dynasty Minerals in the first quarter worth $2,986,000. GAM Holding AG lifted its position in Northern Dynasty Minerals by 56.3% in 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 during the period. Finally, Smith Anglin Financial LLC lifted its position in 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 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
(
Get Free Report)
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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