Northern Dynasty Minerals (NYSEAMERICAN:NAK) Upgraded to “Hold” by Zacks Investment Research
Zacks Investment Research upgraded shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) from a sell rating to a hold rating in a research report released on Wednesday morning, Zacks.com reports.
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. “
Separately, HC Wainwright set a $10.00 price objective on Jaguar Health and gave the stock a buy rating in a report on Tuesday, July 2nd.
Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last released its earnings results on Wednesday, May 15th. The mining company reported ($0.04) earnings per share (EPS) for the quarter.
A number of institutional investors have recently bought and sold shares of NAK. Marshall Wace LLP acquired a new position in Northern Dynasty Minerals during the first quarter worth $30,000. Nordea Investment Management AB acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at about $47,000. Cadinha & Co. LLC acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at about $90,000. M Holdings Securities Inc. grew its position in shares of Northern Dynasty Minerals by 14.0% in the fourth quarter. M Holdings Securities Inc. now owns 285,000 shares of the mining company’s stock valued at $162,000 after purchasing an additional 35,000 shares during the last quarter. Finally, Grimes & Company Inc. grew its position in shares of Northern Dynasty Minerals by 61.3% in the first quarter. Grimes & Company Inc. now owns 297,215 shares of the mining company’s stock valued at $179,000 after purchasing an additional 113,000 shares during the last quarter.
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 covering approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.
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