Raymond James Financial Services Advisors Inc. increased its stake in shares of Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) (TSE:NDM) by 826.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,032 shares of the mining company’s stock after buying an additional 115,999 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Northern Dynasty Minerals were worth $181,000 at the end of the most recent quarter.

Separately, Goldman Sachs Group Inc. grew its stake in Northern Dynasty Minerals by 4.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 512,942 shares of the mining company’s stock valued at $713,000 after purchasing an additional 22,111 shares during the period.

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A number of brokerages have issued reports on NAK. BidaskClub downgraded Northern Dynasty Minerals from a “hold” rating to a “sell” rating in a research note on Thursday, October 26th. HC Wainwright began coverage on Northern Dynasty Minerals in a research note on Thursday, October 19th. They issued a “buy” rating and a $2.50 price objective for the company. Finally, BMO Capital Markets began coverage on Northern Dynasty Minerals in a research note on Monday, August 28th. They issued a “market perform” rating for the company.

Northern Dynasty Minerals Ltd (NYSEAMERICAN:NAK) opened at $2.17 on Wednesday. Northern Dynasty Minerals Ltd has a 12 month low of $0.91 and a 12 month high of $3.45.

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.

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Institutional Ownership by Quarter for Northern Dynasty Minerals (NYSEAMERICAN:NAK)

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