Northern Dynasty Minerals (NYSEAMERICAN:NAK) Now Covered by Analysts at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) in a research report issued on Thursday. The firm set a “sell” rating on the mining company’s stock.

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

Northern Dynasty Minerals Price Performance

Northern Dynasty Minerals stock opened at $0.52 on Thursday. The stock has a market capitalization of $278.92 million, a price-to-earnings ratio of -12.97 and a beta of 0.55. Northern Dynasty Minerals has a 1 year low of $0.23 and a 1 year high of $0.58.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. GAM Holding AG lifted 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 during the period. Herr Investment Group LLC raised its position in shares of Northern Dynasty Minerals by 10.7% in the 2nd quarter. Herr Investment Group LLC now owns 10,330,688 shares of the mining company’s stock worth $3,204,000 after acquiring an additional 999,891 shares in the last quarter. Smith Anglin Financial LLC raised its position in shares of 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 worth $35,000 after acquiring an additional 40,000 shares in the last quarter. Cadinha & Co. LLC lifted its stake in shares of Northern Dynasty Minerals by 40.0% during the 3rd 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. Finally, BNP Paribas Financial Markets boosted 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 valued at $407,000 after purchasing an additional 1,068,704 shares in the last quarter. 10.55% of the stock is currently owned by institutional investors.

About Northern Dynasty Minerals

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.