Northern Dynasty Minerals (NYSEAMERICAN:NAK) Stock Price Crosses Above 200-Day Moving Average of $0.00

Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.00 and traded as high as $0.30. Northern Dynasty Minerals shares last traded at $0.30, with a volume of 517,591 shares changing hands.

Analyst Ratings Changes

Separately, HC Wainwright cut their target price on shares of Northern Dynasty Minerals from $0.90 to $0.80 and set a “buy” rating on the stock in a report on Tuesday, March 19th.

Northern Dynasty Minerals Stock Performance

The stock has a market capitalization of $161.42 million, a price-to-earnings ratio of -7.51 and a beta of 0.75.

Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last announced its quarterly earnings data on Monday, April 1st. The mining company reported ($0.01) EPS for the quarter.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Cadinha & Co. LLC increased its stake 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 last quarter. GAM Holding AG acquired a new position in Northern Dynasty Minerals during the fourth quarter worth $103,000. Invenomic Capital Management LP bought a new position in Northern Dynasty Minerals during the fourth quarter valued at about $947,000. Finally, Integrated Advisors Network LLC lifted its position in shares of Northern Dynasty Minerals by 73.3% in the fourth quarter. Integrated Advisors Network LLC now owns 130,000 shares of the mining company’s stock worth $42,000 after buying an additional 55,000 shares during the last quarter. Hedge funds and other institutional investors own 10.55% of the company’s stock.

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.