Northern Dynasty Minerals Ltd (NDM) Stock Rating Reaffirmed by BMO Capital Markets
Northern Dynasty Minerals Ltd (TSE:NDM) (NYSE:NAK)‘s stock had its “market perform” rating reiterated by analysts at BMO Capital Markets in a report released on Monday. They presently have a C$2.50 price target on the mining company’s stock. BMO Capital Markets’ target price would suggest a potential upside of 19.05% from the stock’s current price.
Separately, TD Securities decreased their price objective on shares of Northern Dynasty Minerals from C$5.00 to C$4.00 and set a “speculative buy” rating on the stock in a research note on Thursday, July 13th.
Shares of Northern Dynasty Minerals (TSE NDM) opened at 2.10 on Monday. Northern Dynasty Minerals has a 1-year low of $0.71 and a 1-year high of $4.54. The firm’s 50-day moving average price is $1.83 and its 200 day moving average price is $2.10. The stock’s market capitalization is $638.27 million.
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Northern Dynasty Minerals Company Profile
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 located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.
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