Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) Shares Acquired by Herr Investment Group LLC

Herr Investment Group LLC boosted its holdings in Northern Dynasty Minerals Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) by 10.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,330,688 shares of the mining company’s stock after acquiring an additional 999,891 shares during the quarter. Northern Dynasty Minerals comprises approximately 0.2% of Herr Investment Group LLC’s portfolio, making the stock its 29th biggest holding. Herr Investment Group LLC owned about 1.92% of Northern Dynasty Minerals worth $3,204,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Integrated Advisors Network LLC increased its holdings in shares of Northern Dynasty Minerals by 73.3% in the 4th quarter. Integrated Advisors Network LLC now owns 130,000 shares of the mining company’s stock valued at $42,000 after purchasing an additional 55,000 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Northern Dynasty Minerals by 1.3% during the 1st quarter. Russell Investments Group Ltd. now owns 7,425,864 shares of the mining company’s stock valued at $2,356,000 after acquiring an additional 94,095 shares during the period. GAM Holding AG boosted its stake in shares of Northern Dynasty Minerals by 56.3% during the 2nd quarter. GAM Holding AG now owns 500,000 shares of the mining company’s stock worth $155,000 after acquiring an additional 180,000 shares in the last quarter. Invenomic Capital Management LP acquired a new stake in shares of Northern Dynasty Minerals in the 4th quarter worth approximately $947,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Northern Dynasty Minerals in the 1st quarter valued at approximately $4,228,000. 10.55% of the stock is currently owned by hedge funds and other institutional investors.

Northern Dynasty Minerals Stock Performance

Shares of NYSEAMERICAN NAK opened at $0.35 on Friday. Northern Dynasty Minerals Ltd. has a 52 week low of $0.23 and a 52 week high of $0.42. The stock has a market capitalization of $187.07 million, a P/E ratio of -8.70 and a beta of 0.55.

Northern Dynasty Minerals (NYSEAMERICAN:NAK) (TSE:NDM) last released its quarterly earnings results on Wednesday, August 14th. The mining company reported ($0.01) EPS for the quarter. As a group, equities research analysts expect that Northern Dynasty Minerals Ltd. will post -0.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reiterated a “buy” rating and set a $0.80 target price on shares of Northern Dynasty Minerals in a research report on Wednesday, July 3rd.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. It holds a 100% interest in the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, the United States.