Northern Dynasty Minerals (NAK) Upgraded by Cantor Fitzgerald to “Buy”
Cantor Fitzgerald upgraded shares of Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) from a hold rating to a buy rating in a research note issued to investors on Friday, The Fly reports.
Several other brokerages also recently commented on NAK. Zacks Investment Research downgraded shares of Northern Dynasty Minerals from a buy rating to a hold rating in a research note on Wednesday, August 1st. HC Wainwright set a $3.00 target price on shares of Northern Dynasty Minerals and gave the stock a buy rating in a research note on Thursday, November 8th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $1.75.
Shares of NYSEAMERICAN NAK opened at $0.69 on Friday. Northern Dynasty Minerals has a 52 week low of $0.43 and a 52 week high of $2.30.
About Northern Dynasty Minerals
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.
Read More: What is cost of equity?
Receive News & Ratings for Northern Dynasty Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Dynasty Minerals and related companies with MarketBeat.com's FREE daily email newsletter.