Northern Dynasty Minerals’ (NDM) “Buy” Rating Reiterated at HC Wainwright

HC Wainwright restated their buy rating on shares of Northern Dynasty Minerals (TSE:NDMGet Rating) (NYSE:NAK) in a report issued on Friday, Stock Target Advisor reports. The firm currently has a C$0.80 price target on the mining company’s stock.

Northern Dynasty Minerals Stock Performance

Shares of NDM opened at C$0.38 on Friday. The company’s fifty day moving average is C$0.38 and its 200-day moving average is C$0.42. Northern Dynasty Minerals has a 12 month low of C$0.32 and a 12 month high of C$0.78. The firm has a market cap of C$198.67 million and a price-to-earnings ratio of -7.50. The company has a quick ratio of 5.69, a current ratio of 5.85 and a debt-to-equity ratio of 0.43.

Northern Dynasty Minerals (TSE:NDMGet Rating) (NYSE:NAK) last posted its earnings results on Monday, August 15th. The mining company reported C($0.01) earnings per share (EPS) for the quarter. Equities analysts expect that Northern Dynasty Minerals will post -0.03 EPS for the current fiscal year.

Northern Dynasty Minerals Company Profile

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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.

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