Northern Dynasty Minerals (NYSEAMERICAN:NAK) Releases Earnings Results

Northern Dynasty Minerals (NYSEAMERICAN:NAKGet Free Report) (TSE:NDM) posted its quarterly earnings data on Monday. The mining company reported ($0.01) EPS for the quarter, reports.

Northern Dynasty Minerals Price Performance

Shares of NYSEAMERICAN:NAK opened at $0.31 on Thursday. Northern Dynasty Minerals has a 1 year low of $0.21 and a 1 year high of $0.43.

Institutional Trading of Northern Dynasty Minerals

A number of institutional investors have recently modified their holdings of NAK. Invenomic Capital Management LP purchased a new stake in shares of Northern Dynasty Minerals during the 4th quarter worth about $947,000. Renaissance Technologies LLC grew its holdings in shares of Northern Dynasty Minerals by 355.9% during the 2nd quarter. Renaissance Technologies LLC now owns 1,300,770 shares of the mining company’s stock worth $312,000 after purchasing an additional 1,015,421 shares during the period. Millennium Management LLC grew its holdings in shares of Northern Dynasty Minerals by 358.9% during the 4th quarter. Millennium Management LLC now owns 780,384 shares of the mining company’s stock worth $172,000 after purchasing an additional 610,335 shares during the period. Cadinha & Co. LLC grew its holdings in shares of Northern Dynasty Minerals by 100.0% during the 3rd quarter. Cadinha & Co. LLC now owns 1,000,000 shares of the mining company’s stock worth $325,000 after purchasing an additional 500,000 shares during the period. Finally, GAM Holding AG purchased a new position in Northern Dynasty Minerals in the 4th quarter worth approximately $103,000. Hedge funds and other institutional investors own 10.55% of the company’s stock.

Analysts Set New Price Targets

Separately, HC Wainwright dropped their price objective on shares of Northern Dynasty Minerals from $0.90 to $0.80 and set a “buy” rating for the company in a research note on Tuesday, March 19th.

Read Our Latest Stock Report on NAK

About Northern Dynasty Minerals

(Get Free Report)

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in 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, the United States.

Further Reading

Earnings History for Northern Dynasty Minerals (NYSEAMERICAN:NAK)

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