Northern Dynasty Minerals Ltd. (TSE:NDM) (NYSE:NAK) had its price target upped by investment analysts at TD Securities from C$2.00 to C$5.00 in a research note issued to investors on Friday. The brokerage presently has a “hold” rating on the stock. TD Securities’ price objective suggests a potential upside of 29.53% from the company’s current price.
Northern Dynasty Minerals (TSE:NDM) traded up 1.55% during trading on Friday, reaching $3.92. The company had a trading volume of 1,353,308 shares. The firm’s 50 day moving average price is $2.82 and its 200 day moving average price is $1.48. Northern Dynasty Minerals has a 12-month low of $0.36 and a 12-month high of $4.54. The firm’s market capitalization is $1.04 billion.
In other Northern Dynasty Minerals news, insider Bruce Wayne Jenkins sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, January 20th. The shares were sold at an average price of C$2.37, for a total transaction of C$118,500.00.
About Northern Dynasty Minerals
Northern Dynasty Minerals Ltd. is a mineral exploration company. The Company, through its subsidiaries, holds interest in mining claims on State of Alaska land in southwest Alaska, the United States, which are part of the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). The Pebble Project is located in southwest Alaska, approximately 20 miles from the villages of Iliamna and Newhalen, and over 200 miles (approximately 320 kilometers) southwest of the city of Anchorage.