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Why Northern Dynasty Minerals Stock Popped Today
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Why Northern Dynasty Minerals Stock Popped Today
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Why Northern Dynasty Minerals Stock Soared Friday
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Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares of
Northern Dynasty Minerals (NYSEMKT:NAK) soared 36% early on Thursday, before settling back to a gain of about 12% as of 3 p.m. EST. The stock has experienced several sharp moves since the U.S. Army Corps of Engineers rejected the company s response in addressing environmental issues related to dredged materials and waste fluids for its Alaskan Pebble Mine project.
Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares of
Northern Dynasty Minerals (NYSEMKT:NAK) are up 50% just this week, including a 23% jump on Wednesday.
To put that in perspective, though, shares dropped more than 86% from July 2020 highs through the end of 2020.