Kiker Wealth Management LLC Has $194,000 Stake in Northern Dynasty Minerals, Ltd. $NAK

Kiker Wealth Management LLC raised its stake in shares of Northern Dynasty Minerals, Ltd. (NYSEAMERICAN:NAK) (TSE:NDM) by 38.8% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 144,429 shares of the mining company’s stock after purchasing an additional 40,377 shares during the period. Kiker Wealth Management LLC’s holdings in Northern Dynasty Minerals were worth $194,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Northern Dynasty Minerals during the 1st quarter valued at about $823,000. Nations Financial Group Inc. IA ADV acquired a new position in Northern Dynasty Minerals during the 1st quarter valued at about $460,000. Bank of America Corp DE boosted its stake in Northern Dynasty Minerals by 1,042.0% during the 4th quarter. Bank of America Corp DE now owns 138,092 shares of the mining company’s stock valued at $80,000 after purchasing an additional 126,000 shares during the last quarter. Smith Anglin Financial LLC boosted its stake in Northern Dynasty Minerals by 8.0% during the 2nd quarter. Smith Anglin Financial LLC now owns 135,000 shares of the mining company’s stock valued at $181,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Aletheian Wealth Advisors LLC boosted its stake in Northern Dynasty Minerals by 23.2% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 109,200 shares of the mining company’s stock valued at $146,000 after purchasing an additional 20,530 shares during the last quarter. Institutional investors and hedge funds own 10.55% of the company’s stock.

Analysts Set New Price Targets

Separately, HC Wainwright lifted their price target on Northern Dynasty Minerals from $1.30 to $2.50 and gave the company a “buy” rating in a research note on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Strong Buy” and an average price target of $2.50.

Northern Dynasty Minerals Stock Up 31.0%

Shares of NYSEAMERICAN NAK opened at $2.66 on Tuesday. Northern Dynasty Minerals, Ltd. has a twelve month low of $0.35 and a twelve month high of $2.77. The stock’s 50 day moving average price is $1.05 and its 200-day moving average price is $1.14. The company has a market capitalization of $1.47 billion, a PE ratio of -24.18 and a beta of -0.60.

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.