Northern Dynasty Minerals (NDM) Price Target Lowered to C$1.30 at TD Securities

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) had its target price dropped by stock analysts at TD Securities from C$1.35 to C$1.30 in a report issued on Wednesday. The firm presently has a “hold” rating on the mining company’s stock. TD Securities’ target price points to a potential upside of 42.86% from the stock’s current price.

TSE NDM remained flat at $C$0.91 during midday trading on Wednesday. The company’s stock had a trading volume of 100,440 shares, compared to its average volume of 313,260. The company has a market cap of $285.32 million and a PE ratio of -18.96. Northern Dynasty Minerals has a 1-year low of C$0.55 and a 1-year high of C$1.47.

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.

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