Northern Dynasty (NAK) Turns Volatile: Should You Worry?

Mining stocks have been on the radars of investors for quite a while and one of the companies that could be tracked at this point is that of Northern Dynasty (NYSE: NAK).

Northern Dynasty (NAK) Turns Volatile: Should You Worry?

In this regard, it is also necessary to point out that the Northern Dynasty stock has experienced considerable volatility over the past few weeks and hence, investors need to tread carefully. Although there has been no news about the company in recent days, it might be a good idea to go back to development from the end of February.

Last month the Northern Dynasty stock soared after it emerged that the company’s appearance with regards to the Pebble Limited Partnership in Alaska had been accepted. Pebble Limited is a fully owned subsidiary of the company and the appeal is with regards to a decision made by the U.S. Army Corps of Engineers regarding the project. At the time, the development had given rise to optimism among investors with regards to Northern Dynasty.

Jack Dawkins

Finance and Tech Contributor