Wealth Enhancement Advisory Services LLC Buys 5,000 Shares of Northern Dynasty Minerals, Ltd. $NAK

Wealth Enhancement Advisory Services LLC increased its stake in Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) by 37.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,320 shares of the mining company’s stock after purchasing an additional 5,000 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Northern Dynasty Minerals were worth $26,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wealth Alliance LLC increased its position in shares of Northern Dynasty Minerals by 32.1% in the 1st quarter. Wealth Alliance LLC now owns 45,225 shares of the mining company’s stock valued at $52,000 after buying an additional 11,000 shares in the last quarter. Aletheian Wealth Advisors LLC boosted its stake in shares of Northern Dynasty Minerals by 23.2% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 109,200 shares of the mining company’s stock worth $146,000 after buying an additional 20,530 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Northern Dynasty Minerals during the 1st quarter worth about $25,000. SBI Securities Co. Ltd. raised its holdings in shares of Northern Dynasty Minerals by 571.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 27,073 shares of the mining company’s stock valued at $31,000 after purchasing an additional 23,042 shares during the period. Finally, Allworth Financial LP bought a new stake in shares of Northern Dynasty Minerals in the 1st quarter valued at about $28,000. Institutional investors own 10.55% of the company’s stock.

Analyst Ratings Changes

Separately, HC Wainwright increased their price target on shares of Northern Dynasty Minerals from $1.30 to $2.50 and gave the company a “buy” rating in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, Northern Dynasty Minerals presently has an average rating of “Strong Buy” and a consensus price target of $2.50.

Northern Dynasty Minerals Stock Performance

NAK stock opened at $2.66 on Tuesday. The company has a fifty day moving average price of $1.05 and a 200-day moving average price of $1.14. The company has a market capitalization of $1.47 billion, a P/E ratio of -24.18 and a beta of -0.60. Northern Dynasty Minerals, Ltd. has a 52-week low of $0.35 and a 52-week high of $2.77.

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.