Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) (TSE:NDM)’s share price was down 5.1% on Monday . The stock traded as low as $0.53 and last traded at $0.56. Approximately 2,112,903 shares were traded during mid-day trading, an increase of 63% from the average daily volume of 1,293,606 shares. The stock had previously closed at $0.59.

Separately, Zacks Investment Research lowered Northern Dynasty Minerals from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 3rd.

Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last released its quarterly earnings results on Monday, April 1st. The mining company reported ($0.03) EPS for the quarter.

An institutional investor recently raised its position in Northern Dynasty Minerals stock. M Holdings Securities Inc. boosted its position in Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) (TSE:NDM) by 14.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 285,000 shares of the mining company’s stock after buying an additional 35,000 shares during the quarter. M Holdings Securities Inc. owned approximately 0.09% of Northern Dynasty Minerals worth $162,000 as of its most recent filing with the SEC.

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Northern Dynasty Minerals Company Profile (NYSEAMERICAN:NAK)

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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