Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets grew its holdings in shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) by 164.8% during the fourth quarter, Holdings Channel reports. The firm owned 3,249,608 shares of the mining company’s stock after purchasing an additional 2,022,304 shares during the quarter. BNP Paribas Financial Markets’ holdings in Northern Dynasty Minerals were worth $1,890,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Allegheny Financial Group purchased a new stake in Northern Dynasty Minerals during the fourth quarter worth about $30,000. RFG Advisory LLC purchased a new stake in Northern Dynasty Minerals during the fourth quarter worth about $31,000. Game Plan Financial Advisors LLC increased its stake in Northern Dynasty Minerals by 29.5% during the fourth quarter. Game Plan Financial Advisors LLC now owns 79,000 shares of the mining company’s stock worth $45,000 after purchasing an additional 18,000 shares during the period. XTX Topco Ltd increased its stake in shares of Northern Dynasty Minerals by 197.6% during the fourth quarter. XTX Topco Ltd now owns 305,080 shares of the mining company’s stock worth $177,000 after buying an additional 202,580 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Northern Dynasty Minerals by 8.4% during the fourth quarter. Wells Fargo & Company MN now owns 1,018,599 shares of the mining company’s stock worth $592,000 after buying an additional 78,554 shares during the period. 10.55% of the stock is currently owned by hedge funds and other institutional investors.

Northern Dynasty Minerals Stock Performance

NAK stock opened at $0.93 on Friday. The company’s 50 day moving average price is $0.99 and its 200 day moving average price is $0.67. Northern Dynasty Minerals Ltd. has a fifty-two week low of $0.27 and a fifty-two week high of $1.29. The firm has a market capitalization of $500.74 million, a price-to-earnings ratio of -23.27 and a beta of 0.51.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and set a $1.30 target price on shares of Northern Dynasty Minerals in a research note on Tuesday, February 4th.

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.