Virtu Financial LLC Acquires Shares of 181,435 Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK)

Virtu Financial LLC bought a new position in shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 181,435 shares of the mining company’s stock, valued at approximately $60,000.

A number of other large investors have also modified their holdings of the business. Stifel Financial Corp raised its position in Northern Dynasty Minerals by 71.8% in the third quarter. Stifel Financial Corp now owns 94,500 shares of the mining company’s stock worth $31,000 after acquiring an additional 39,500 shares in the last quarter. XTX Topco Ltd increased its holdings in shares of Northern Dynasty Minerals by 104.4% in the 3rd quarter. XTX Topco Ltd now owns 102,500 shares of the mining company’s stock valued at $34,000 after purchasing an additional 52,346 shares in the last quarter. Smith Anglin Financial LLC lifted its stake in shares of 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 valued at $35,000 after purchasing an additional 40,000 shares during the period. GAM Holding AG boosted its holdings in 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 buying an additional 180,000 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its position in Northern Dynasty Minerals by 673.8% during the third quarter. BNP Paribas Financial Markets now owns 1,227,304 shares of the mining company’s stock worth $407,000 after buying an additional 1,068,704 shares during the period. 10.55% of the stock is owned by hedge funds and other institutional investors.

Northern Dynasty Minerals Stock Performance

Shares of NYSEAMERICAN NAK opened at $0.52 on Friday. Northern Dynasty Minerals Ltd. has a 52 week low of $0.23 and a 52 week high of $0.58. The stock has a market capitalization of $278.92 million, a P/E ratio of -12.97 and a beta of 0.55.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on NAK shares. StockNews.com started coverage on shares of Northern Dynasty Minerals in a research report on Thursday. They set a “sell” rating for the company. HC Wainwright lifted their price objective on Northern Dynasty Minerals from $0.80 to $1.30 and gave the stock a “buy” rating in a report on Wednesday, November 6th.

Northern Dynasty Minerals 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.