TD Securities Trims Northern Dynasty Minerals (NDM) Target Price to C$2.50

Northern Dynasty Minerals (TSE:NDM) (NYSE:NAK) had its price objective reduced by research analysts at TD Securities to C$2.50 in a report released on Tuesday, May 8th. The brokerage presently has a “hold” rating on the mining company’s stock. TD Securities’ price target indicates a potential upside of 190.70% from the company’s previous close.

Shares of Northern Dynasty Minerals opened at C$0.86 on Tuesday, Marketbeat reports. Northern Dynasty Minerals has a twelve month low of C$0.90 and a twelve month high of C$2.99.

Northern Dynasty Minerals Company Profile

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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