Northern Dynasty Minerals (NAK) – Research Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for Northern Dynasty Minerals (NYSEAMERICAN: NAK):

  • 7/22/2021 – Northern Dynasty Minerals was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $0.50 price target on the stock. According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “
  • 7/17/2021 – Northern Dynasty Minerals was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “
  • 7/15/2021 – Northern Dynasty Minerals was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $0.50 price target on the stock. According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “
  • 7/9/2021 – Northern Dynasty Minerals was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “
  • 7/8/2021 – Northern Dynasty Minerals was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $0.50 price target on the stock. According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “
  • 7/1/2021 – Northern Dynasty Minerals was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $0.50 price target on the stock. According to Zacks, “Northern Dynasty owns the rights to purchase 100% of the Pebble gold-copper-molybdenum porphyry deposit, where successful drilling programs have delineated an Inferred Mineral Resource. Northern Dynasty is the largest gold deposit and one of the largest copper deposits in North America. “

Northern Dynasty Minerals stock traded up $0.00 during mid-day trading on Thursday, reaching $0.44. 20,783 shares of the company were exchanged, compared to its average volume of 4,659,943. Northern Dynasty Minerals Ltd. has a twelve month low of $0.31 and a twelve month high of $2.49. The stock has a 50-day moving average price of $0.56. The stock has a market capitalization of $227.32 million, a price-to-earnings ratio of -4.43 and a beta of 1.02.

Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last posted its quarterly earnings data on Sunday, May 16th. The mining company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). Analysts forecast that Northern Dynasty Minerals Ltd. will post -0.07 EPS for the current fiscal year.

Institutional investors and hedge funds have recently bought and sold shares of the company. Marshall Wace LLP purchased a new position in Northern Dynasty Minerals in the 1st quarter valued at approximately $30,000. UBS Group AG increased its stake in Northern Dynasty Minerals by 69.3% in the 1st quarter. UBS Group AG now owns 52,237 shares of the mining company’s stock valued at $33,000 after purchasing an additional 21,389 shares in the last quarter. HRT Financial LP purchased a new position in Northern Dynasty Minerals in the 1st quarter valued at approximately $35,000. Citigroup Inc. increased its stake in Northern Dynasty Minerals by 104.3% in the 4th quarter. Citigroup Inc. now owns 108,881 shares of the mining company’s stock valued at $35,000 after purchasing an additional 55,581 shares in the last quarter. Finally, PEAK6 Investments LLC purchased a new position in Northern Dynasty Minerals in the 1st quarter valued at approximately $69,000. 12.20% of the stock is owned by institutional investors and hedge funds.

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project comprising 2,402 mineral claims that covers an area of approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.

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