Northern Dynasty Minerals (TSE:NDM) Given New C$1.30 Price Target at TD Securities

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) had its price objective boosted by investment analysts at TD Securities from C$0.90 to C$1.30 in a research note issued to investors on Wednesday, BayStreet.CA reports. The brokerage presently has a “hold” rating on the mining company’s stock. TD Securities’ price target suggests a potential upside of 19.27% from the stock’s previous close.

TSE NDM traded down C$0.11 during trading on Wednesday, reaching C$1.09. The company’s stock had a trading volume of 3,091,087 shares, compared to its average volume of 278,391. The company has a current ratio of 1.26, a quick ratio of 1.24 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $257.64 million and a price-to-earnings ratio of -15.82. Northern Dynasty Minerals has a twelve month low of C$0.56 and a twelve month high of C$1.47. The business’s fifty day moving average is C$0.69.

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) last posted its quarterly earnings data on Wednesday, May 15th. The mining company reported C($0.05) EPS for the quarter. On average, equities analysts predict that Northern Dynasty Minerals will post -0.03 earnings per share for the current fiscal year.

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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