Traders Buy High Volume of Northern Dynasty Minerals Call Options (NYSEAMERICAN:NAK)

Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) was the target of some unusual options trading activity on Monday. Traders bought 15,190 call options on the stock. This is an increase of 155% compared to the average daily volume of 5,965 call options.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Northern Dynasty Minerals to a “sell” rating in a report on Wednesday, May 21st.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Plancorp LLC acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at approximately $38,000. Cubist Systematic Strategies LLC acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at approximately $25,000. Tumwater Wealth Management LLC acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at approximately $49,000. Walleye Capital LLC acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at approximately $115,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in shares of Northern Dynasty Minerals in the first quarter valued at approximately $460,000. 10.55% of the stock is currently owned by institutional investors.

Northern Dynasty Minerals Price Performance

Shares of NAK opened at $1.34 on Tuesday. The company has a market cap of $722.78 million, a P/E ratio of -13.40 and a beta of -0.77. The stock has a fifty day moving average price of $1.16 and a 200 day moving average price of $0.81. Northern Dynasty Minerals has a 12 month low of $0.29 and a 12 month high of $1.59.

Northern Dynasty Minerals Company Profile

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.