Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK – Get Free Report) (TSE:NDM)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.88 and traded as high as $2.24. Northern Dynasty Minerals shares last traded at $1.91, with a volume of 11,668,920 shares traded.
Northern Dynasty Minerals Price Performance
The stock has a market capitalization of $1.07 billion, a PE ratio of -21.22 and a beta of 0.61. The business’s fifty day moving average price is $1.95 and its 200-day moving average price is $1.88.
Institutional Investors Weigh In On Northern Dynasty Minerals
A number of institutional investors and hedge funds have recently modified their holdings of the company. Cary Street Partners Financial LLC lifted its holdings in shares of Northern Dynasty Minerals by 13.9% in the fourth quarter. Cary Street Partners Financial LLC now owns 41,000 shares of the mining company’s stock worth $81,000 after buying an additional 5,000 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Northern Dynasty Minerals by 24.5% in the first quarter. Kestra Advisory Services LLC now owns 31,484 shares of the mining company’s stock worth $44,000 after buying an additional 6,194 shares in the last quarter. Cibc World Market Inc. lifted its holdings in shares of Northern Dynasty Minerals by 71.9% in the fourth quarter. Cibc World Market Inc. now owns 17,534 shares of the mining company’s stock worth $35,000 after buying an additional 7,334 shares in the last quarter. SevenBridge Financial Group LLC lifted its holdings in shares of Northern Dynasty Minerals by 68.2% in the first quarter. SevenBridge Financial Group LLC now owns 18,500 shares of the mining company’s stock worth $26,000 after buying an additional 7,500 shares in the last quarter. Finally, One Plus One Wealth Management LLC lifted its holdings in shares of Northern Dynasty Minerals by 61.5% in the fourth quarter. One Plus One Wealth Management LLC now owns 26,008 shares of the mining company’s stock worth $51,000 after buying an additional 9,908 shares in the last quarter. 10.55% of the stock is owned by hedge funds and other institutional investors.
About Northern Dynasty Minerals
Northern Dynasty Minerals Ltd. is a mineral exploration and development company headquartered in Vancouver, British Columbia, with primary operations focused on North America. The company is publicly listed on the NYSE American and the Toronto Stock Exchange under the symbol NAK. Established in 1985, Northern Dynasty has built its business around the identification, evaluation and advancement of large-scale mineral resources, leveraging its expertise in geology, engineering and environmental planning.
The company’s flagship asset is the Pebble Project, located in the Bristol Bay region of southwestern Alaska.
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