Northern Dynasty Minerals Ltd (NAK)

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Gabelli Funds LLC boosted its holdings in shares of Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) (TSE:NDM) by 1,590.3% during the 1st quarter, HoldingsChannel reports. The fund owned 507,100 shares of the mining company’s stock after purchasing an additional 477,100 shares during the period. Gabelli Funds LLC’s holdings in Northern Dynasty Minerals were worth $305,000 as of its most recent SEC filing.

Separately, M Holdings Securities Inc. raised its position in shares of Northern Dynasty Minerals by 14.0% in the fourth quarter. M Holdings Securities Inc. now owns 285,000 shares of the mining company’s stock valued at $162,000 after purchasing an additional 35,000 shares during the period.

A number of research firms have recently commented on NAK. HC Wainwright reissued a “buy” rating and issued a $2.75 price target on shares of Northern Dynasty Minerals in a research report on Tuesday, May 7th. Zacks Investment Research lowered shares of Northern Dynasty Minerals from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 3rd.

Shares of Northern Dynasty Minerals stock opened at $0.55 on Friday. Northern Dynasty Minerals Ltd has a 1 year low of $0.42 and a 1 year high of $1.12.

https://bharatapress.com/2019/05/18/gabelli-funds-llc-acquires-477100-shares-of-northern-dynasty-minerals-ltd-nak/