Northern Dynasty Minerals Responds to Recent Gains; Shares Down Near 1%


Northern Dynasty Minerals Ltd. ( NAK ) is down near 1% to $3.49, in contrast to 18% gains made in the last five trading days. The stock had reached $3.62 a share earlier in trading before falling below yesterday's closing price. The company yesterday issued a press release responding to contact from the NYSE Market Exchange regarding recent increased trading activity in the company's stock.

In its response, NAK confirmed there are no material undisclosed corporate developments. In the last 12 months, shares of NAK have plunged 65%, trading in a 52-week range of $2.20 - $10.10.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

Referenced Stocks: NAK

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