Northern Dynasty Minerals (NYSEAMERICAN:NAK) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) from a sell rating to a hold rating in a report issued on Wednesday morning, Zacks.com reports.

According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “

Separately, HC Wainwright set a $10.00 price target on Jaguar Health and gave the stock a buy rating in a report on Tuesday, July 2nd.



NYSEAMERICAN NAK opened at $0.47 on Wednesday. Northern Dynasty Minerals has a 52-week low of $0.41 and a 52-week high of $1.12.

Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last released its quarterly earnings results on Wednesday, May 15th. The mining company reported ($0.04) earnings per share (EPS) for the quarter.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Gabelli Funds LLC boosted its holdings in Northern Dynasty Minerals by 1,590.3% in the 1st quarter. Gabelli Funds LLC now owns 507,100 shares of the mining company’s stock valued at $305,000 after purchasing an additional 477,100 shares in the last quarter. M Holdings Securities Inc. boosted its holdings in Northern Dynasty Minerals by 31.6% in the 1st quarter. M Holdings Securities Inc. now owns 375,000 shares of the mining company’s stock valued at $226,000 after purchasing an additional 90,000 shares in the last quarter. Grimes & Company Inc. boosted its holdings in Northern Dynasty Minerals by 61.3% in the 1st quarter. Grimes & Company Inc. now owns 297,215 shares of the mining company’s stock valued at $179,000 after purchasing an additional 113,000 shares in the last quarter. Cadinha & Co. LLC purchased a new stake in Northern Dynasty Minerals in the 1st quarter valued at approximately $90,000. Finally, Nordea Investment Management AB purchased a new stake in Northern Dynasty Minerals in the 1st quarter valued at approximately $47,000.

About Northern Dynasty Minerals

Northern Dynasty Minerals Ltd. acquires, explores for, and develops mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project that includes 2,402 mineral claims covering approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.

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