Northern Dynasty Minerals (NYSEAMERICAN:NAK) Coverage Initiated by Analysts at StockNews.com

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

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

Northern Dynasty Minerals Price Performance

NYSEAMERICAN:NAK opened at $0.46 on Monday. The firm has a market capitalization of $249.13 million, a P/E ratio of -11.74 and a beta of 0.53. Northern Dynasty Minerals has a 1-year low of $0.23 and a 1-year high of $0.56.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NAK. Stifel Financial Corp increased 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 buying an additional 39,500 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of Northern Dynasty Minerals during the 3rd quarter valued at $33,000. XTX Topco Ltd increased its stake in shares of Northern Dynasty Minerals by 104.4% in the third quarter. XTX Topco Ltd now owns 102,500 shares of the mining company’s stock worth $34,000 after acquiring an additional 52,346 shares during the last quarter. Smith Anglin Financial LLC increased 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 worth $35,000 after acquiring an additional 40,000 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Northern Dynasty Minerals during the third quarter worth $60,000. 10.55% of the stock is owned by institutional investors and hedge funds.

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.