Wells Fargo & Company MN Acquires 78,554 Shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK)

Wells Fargo & Company MN boosted its stake in shares of Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) by 8.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,018,599 shares of the mining company’s stock after buying an additional 78,554 shares during the period. Wells Fargo & Company MN owned approximately 0.19% of Northern Dynasty Minerals worth $592,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Virtu Financial LLC bought a new position in shares of Northern Dynasty Minerals during the third quarter worth about $60,000. Wilmington Savings Fund Society FSB acquired a new position in Northern Dynasty Minerals during the 3rd quarter worth approximately $33,000. RFG Advisory LLC bought a new position in shares of Northern Dynasty Minerals during the 4th quarter worth approximately $31,000. Smith Anglin Financial LLC grew its stake in shares of Northern Dynasty Minerals by 19.0% during the 4th quarter. Smith Anglin Financial LLC now owns 125,000 shares of the mining company’s stock worth $73,000 after acquiring an additional 20,000 shares in the last quarter. Finally, Game Plan Financial Advisors LLC raised its holdings in shares of Northern Dynasty Minerals by 29.5% in the fourth quarter. Game Plan Financial Advisors LLC now owns 79,000 shares of the mining company’s stock valued at $45,000 after purchasing an additional 18,000 shares during the last quarter. Institutional investors own 10.55% of the company’s stock.

Northern Dynasty Minerals Stock Performance

NAK opened at $1.06 on Friday. The business’s 50-day simple moving average is $0.91 and its 200 day simple moving average is $0.64. Northern Dynasty Minerals Ltd. has a 52-week low of $0.27 and a 52-week high of $1.29. The firm has a market capitalization of $570.31 million, a PE ratio of -26.50 and a beta of 0.51.

Analyst Upgrades and Downgrades

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

Northern Dynasty Minerals 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.