Equities research analysts at StockNews.com assumed coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK - Get Free Report) TSE: NDM in a research note issued to investors on Tuesday. The brokerage set a "sell" rating on the mining company's stock.
Separately, HC Wainwright lifted their price objective on shares of Northern Dynasty Minerals from $0.80 to $1.30 and gave the company a "buy" rating in a report on Wednesday, November 6th.
Read Our Latest Stock Report on NAK
Northern Dynasty Minerals Stock Down 3.0 %
NYSEAMERICAN:NAK traded down $0.01 on Tuesday, reaching $0.47. The company's stock had a trading volume of 1,813,686 shares, compared to its average volume of 1,647,939. The company has a market capitalization of $254.18 million, a P/E ratio of -11.82 and a beta of 0.53. Northern Dynasty Minerals has a 12-month low of $0.23 and a 12-month high of $0.56.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in NAK. Russell Investments Group Ltd. increased its position in 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. Herr Investment Group LLC increased its holdings in shares of Northern Dynasty Minerals by 10.7% in the second quarter. Herr Investment Group LLC now owns 10,330,688 shares of the mining company's stock valued at $3,204,000 after purchasing an additional 999,891 shares during the period. Cadinha & Co. LLC raised its stake 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 during the last quarter. GAM Holding AG lifted its holdings 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 during the period. Finally, Smith Anglin Financial LLC grew its position in Northern Dynasty Minerals by 61.5% in the 3rd quarter. Smith Anglin Financial LLC now owns 105,000 shares of the mining company's stock valued at $35,000 after buying an additional 40,000 shares during the last quarter. 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.
See Also
Before you consider Northern Dynasty Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northern Dynasty Minerals wasn't on the list.
While Northern Dynasty Minerals currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
