Northern Dynasty Minerals Ltd (NAK) Short Interest Up 0.3% in March
Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) (TSE:NDM) was the target of a significant growth in short interest in the month of March. As of March 29th, there was short interest totalling 20,235,231 shares, a growth of 0.3% from the March 15th total of 20,181,996 shares. Based on an average trading volume of 1,025,606 shares, the days-to-cover ratio is presently 19.7 days.
Shares of Northern Dynasty Minerals stock opened at $0.60 on Wednesday. Northern Dynasty Minerals has a 12-month low of $0.43 and a 12-month high of $1.12.
Separately, Zacks Investment Research cut shares of Northern Dynasty Minerals from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 3rd.
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About Northern Dynasty Minerals
Northern Dynasty Minerals Ltd. acquires, explores for, and develops mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project that includes 2,402 mineral claims covering approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.
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