HC Wainwright Reiterates Buy Rating for Northern Dynasty Minerals (NAK)
Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM)‘s stock had its “buy” rating reissued by stock analysts at HC Wainwright in a research note issued to investors on Tuesday. They presently have a $2.50 price target on the mining company’s stock. HC Wainwright’s price target suggests a potential upside of 45.35% from the company’s previous close.
A number of other equities research analysts have also weighed in on NAK. BidaskClub raised shares of Northern Dynasty Minerals from a “sell” rating to a “hold” rating in a research note on Thursday, September 21st. BMO Capital Markets raised shares of Northern Dynasty Minerals from a “market perform” rating to an “outperform” rating in a research note on Tuesday.
Northern Dynasty Minerals (NAK) opened at $1.72 on Tuesday. Northern Dynasty Minerals has a 52-week low of $1.06 and a 52-week high of $3.45.
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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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