Northern Dynasty Minerals Ltd (TSE:NDM) (NYSE:NAK) rose 12.2% on Tuesday . The company traded as high as C$1.05 and last traded at C$1.01. Approximately 691,976 shares were traded during trading, an increase of 117% from the average daily volume of 319,377 shares. The stock had previously closed at C$0.90.

Separately, HC Wainwright reaffirmed a “buy” rating and set a C$2.50 price target on shares of Northern Dynasty Minerals in a report on Thursday, November 8th.

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About Northern Dynasty Minerals (TSE:NDM)

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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