Northern Dynasty Minerals Ltd (NAK) Stock Rating Upgraded by BidaskClub
Northern Dynasty Minerals Ltd (NYSEMKT:NAK) (TSE:NDM) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday.
Shares of Northern Dynasty Minerals (NAK) traded up 5.2971% during midday trading on Friday, reaching $1.8427. 2,091,194 shares of the company were exchanged. The company’s 50-day moving average price is $1.43 and its 200 day moving average price is $1.60. Northern Dynasty Minerals has a 52-week low of $0.54 and a 52-week high of $3.45. The stock’s market capitalization is $560.07 million.
An institutional investor recently raised its position in Northern Dynasty Minerals stock. Raymond James Financial Services Advisors Inc. raised its position in Northern Dynasty Minerals Ltd (NYSEMKT:NAK) (TSE:NDM) by 826.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 130,032 shares of the mining company’s stock after buying an additional 115,999 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Northern Dynasty Minerals were worth $181,000 at the end of the most recent reporting period.
Northern Dynasty Minerals Company Profile
Northern Dynasty Minerals Ltd. is a mineral exploration company. The Company, through its subsidiaries, holds interest in mining claims on State of Alaska land in southwest Alaska, the United States, which are part of the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). The Pebble Project is located in southwest Alaska, approximately 20 miles from the villages of Iliamna and Newhalen, and over 200 miles (approximately 320 kilometers) southwest of the city of Anchorage.
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