Northern Dynasty Minerals (NYSEAMERICAN:NAK) Shares Down 0.8%

Shares of Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) (TSE:NDM) dropped 0.8% during trading on Wednesday . The stock traded as low as $0.63 and last traded at $0.63, approximately 36,021 shares traded hands during trading. A decline of 98% from the average daily volume of 1,792,933 shares. The stock had previously closed at $0.63.

NAK has been the subject of several research reports. HC Wainwright increased their price objective on Northern Dynasty Minerals from $2.50 to $3.00 and gave the company a “buy” rating in a research report on Monday, August 19th. Zacks Investment Research raised Northern Dynasty Minerals from a “sell” rating to a “hold” rating in a research report on Wednesday, July 10th.

Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last released its quarterly earnings data on Tuesday, August 13th. The mining company reported ($0.04) earnings per share (EPS) for the quarter.



Institutional investors have recently added to or reduced their stakes in the business. Marshall Wace LLP acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at $30,000. Nordea Investment Management AB acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at $47,000. Advisor Group Inc. increased its stake in shares of Northern Dynasty Minerals by 45.8% in the second quarter. Advisor Group Inc. now owns 89,120 shares of the mining company’s stock valued at $53,000 after buying an additional 28,000 shares in the last quarter. CVI Holdings LLC acquired a new stake in shares of Northern Dynasty Minerals in the second quarter valued at $78,000. Finally, M Holdings Securities Inc. increased its stake in shares of Northern Dynasty Minerals by 31.6% in the first quarter. M Holdings Securities Inc. now owns 375,000 shares of the mining company’s stock valued at $226,000 after buying an additional 90,000 shares in the last quarter.

Northern Dynasty Minerals Company Profile (NYSEAMERICAN:NAK)

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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