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Northern Dynasty Minerals ( (TSE:NDM) ) just unveiled an update.
Northern Dynasty Minerals Ltd. has agreed to a 20-day extension requested by the EPA and USACE to hold litigation in abeyance, allowing the new administration more time to assess the Pebble Project case. The company emphasizes the importance of accelerating critical metal production and seeks the removal of previous administrative roadblocks to align with current U.S. objectives.
The most recent analyst rating on (TSE:NDM) stock is a Buy with a C$1.30 price target. To see the full list of analyst forecasts on Northern Dynasty Minerals stock, see the TSE:NDM Stock Forecast page.
Spark’s Take on TSE:NDM Stock
According to Spark, TipRanks’ AI Analyst, TSE:NDM is a Neutral.
Northern Dynasty Minerals faces significant financial challenges with no current revenue and ongoing losses. However, technical indicators show strong upward momentum, and recent positive corporate events could improve future prospects. The negative valuation metrics are a concern, but regulatory support for the Pebble Project could be a catalyst for future growth.
To see Spark’s full report on TSE:NDM stock, click here.
More about Northern Dynasty Minerals
Northern Dynasty Minerals Ltd. is a Vancouver-based mineral exploration and development company. Its primary asset is a 100% interest in a block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit. The company operates through its wholly owned U.S. subsidiary, Pebble Limited Partnership.
Average Trading Volume: 1,182,947
Technical Sentiment Signal: Buy
Current Market Cap: C$969.7M
See more data about NDM stock on TipRanks’ Stock Analysis page.