Northern Dynasty Minerals (NYSEAMERICAN:NAK) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) in a report published on Monday. The firm issued a sell rating on the mining company’s stock.

Separately, HC Wainwright lifted their price target on Northern Dynasty Minerals from $0.80 to $1.30 and gave the company a “buy” rating in a research note on Wednesday, November 6th.

Northern Dynasty Minerals Stock Performance

Shares of NAK stock opened at $0.44 on Monday. Northern Dynasty Minerals has a 1 year low of $0.23 and a 1 year high of $0.56. The stock has a market cap of $236.92 million, a price-to-earnings ratio of -11.02 and a beta of 0.53.

Institutional Trading of Northern Dynasty Minerals

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Stifel Financial Corp raised its stake in Northern Dynasty Minerals by 71.8% in the 3rd quarter. Stifel Financial Corp now owns 94,500 shares of the mining company’s stock valued at $31,000 after purchasing an additional 39,500 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Northern Dynasty Minerals in the third quarter valued at approximately $33,000. XTX Topco Ltd lifted its stake in shares of Northern Dynasty Minerals by 104.4% during the third quarter. XTX Topco Ltd now owns 102,500 shares of the mining company’s stock valued at $34,000 after buying an additional 52,346 shares during the period. Smith Anglin Financial LLC lifted its stake in shares of Northern Dynasty Minerals by 61.5% during the third 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 period. Finally, Virtu Financial LLC acquired a new stake in Northern Dynasty Minerals during the third quarter worth approximately $60,000. 10.55% of the stock is currently owned by hedge funds and other institutional investors.

Northern Dynasty Minerals Company Profile

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.