Cantor Fitzgerald upgraded shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) from a hold rating to a buy rating in a research report released on Friday morning, The Fly reports.
NAK has been the topic of a number of other research reports. HC Wainwright set a $3.00 target price on Northern Dynasty Minerals and gave the company a buy rating in a report on Thursday, November 8th. Zacks Investment Research cut Northern Dynasty Minerals from a buy rating to a hold rating in a report on Wednesday, October 17th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Northern Dynasty Minerals has an average rating of Buy and a consensus price target of $1.75.
Shares of NAK stock traded up $0.01 during mid-day trading on Friday, hitting $0.68. 1,373,245 shares of the company’s stock were exchanged, compared to its average volume of 1,478,579. Northern Dynasty Minerals has a fifty-two week low of $0.43 and a fifty-two week high of $2.30.
Northern Dynasty Minerals Company Profile
Northern Dynasty Minerals Ltd. acquires, explores for, and develops mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project that includes 2,402 mineral claims covering approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd.
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