Northern Dynasty Minerals Ltd (NAK) Stake Decreased by Gilder Gagnon Howe & Co. LLC

Gilder Gagnon Howe & Co. LLC cut its stake in Northern Dynasty Minerals Ltd (NYSEMKT:NAK) (TSE:NDM) by 50.7% during the second quarter, Holdings Channel reports. The fund owned 504,955 shares of the mining company’s stock after selling 519,058 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in Northern Dynasty Minerals were worth $702,000 as of its most recent filing with the SEC.

Northern Dynasty Minerals Ltd (NAK) opened at 1.38 on Friday. Northern Dynasty Minerals Ltd has a 52 week low of $0.54 and a 52 week high of $3.45. The company’s 50-day moving average price is $1.41 and its 200 day moving average price is $1.71. The company’s market cap is $413.86 million.

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Separately, BidaskClub raised Northern Dynasty Minerals from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 13th.

Northern Dynasty Minerals Company Profile

Northern Dynasty Minerals Ltd. is a mineral exploration company. The Company, through its subsidiaries, holds interest in mining claims on State of Alaska land in southwest Alaska, the United States, which are part of the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). The Pebble Project is located in southwest Alaska, approximately 20 miles from the villages of Iliamna and Newhalen, and over 200 miles (approximately 320 kilometers) southwest of the city of Anchorage.

Want to see what other hedge funds are holding NAK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Northern Dynasty Minerals Ltd (NYSEMKT:NAK) (TSE:NDM).

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