Northern Dynasty Minerals (NASDAQ:NAK) Receives Buy Rating from HC Wainwright

Northern Dynasty Minerals (NASDAQ:NAK)‘s stock had its “buy” rating restated by equities researchers at HC Wainwright in a research note issued on Tuesday,Benzinga reports. They presently have a $2.50 target price on the stock. HC Wainwright’s price objective indicates a potential upside of 65.56% from the company’s current price.

Northern Dynasty Minerals Price Performance

NASDAQ NAK opened at $1.51 on Tuesday. Northern Dynasty Minerals has a 1 year low of $0.30 and a 1 year high of $2.40. The firm has a market capitalization of $833.14 million, a PE ratio of -13.73 and a beta of -0.60.

About Northern Dynasty Minerals

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-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, 17 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage.