Home Trending Stocks Why Northern Dynasty Minerals Ltd (NAK) stock sink on Tuesday, April 20,...

Why Northern Dynasty Minerals Ltd (NAK) stock sink on Tuesday, April 20, 2021?

Northern Dynasty Minerals Ltd (NAK) stock faced negativity on Tuesday, April 20, 2021. NAK stock lost 9.20% in the normal trading session and further, it shed 3.51% in the after-market sessions on Tuesday.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

NAK shares have fallen by 1.96% over the last 12 months, and they have moved down by -9.32% in the past week. Over the past three months, the stock has gained 6.04%, while over the past six months, it has shed -48.18%.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

Following are the latest developments about the Northern Dynasty Minerals.

Pebble Limited seeking EPA support

On April 6, 2021, Pebble Limited Partnership which is a 100%-owned US-based subsidiary of Northern Dynasty Minerals Ltd, provided an update on Alaska’s Pebble Project and send it to the administrator of US Environmental Protection AgencyMichael Regan, requesting his support for full and fair process of the project.

Annual filing

On April 1, 2021, Northern Dynasty Minerals Ltd. filed its audited Financial Statements, Management Discussion and Analysis, Annual Information Form, and Annual Report on Form 40F for the year ending December 31, 2020. the Company also submitted an updated technical report for the pebble project.

RFA about Pebble project accepted by USACE

On March 15, 2021, Northern Dynasty Minerals Ltd submitted a Requested for Appeal (RFA) of a federal permitting decision concerning Alaska’s Pebble Project.

Earlier in November 2020, the US Army Corps of Engineers (USACE), rejected a key water permit. The permit was rejected by the army engineer corps because the Pebble Limited Partnership was unable to comply with Clean Water Act guidelines to handle the waste in the ecologically sensitive area and conflicting with the public interest.

The RFA submitted by Pebble Limited Partnership says that the USACE’s Public Interest Review (PIR) for the Pebble Project, published coincident with its Record of Decision (“ROD”) in November 2020, is contrary to the law and inconsistent with the record.

The RFA has been accepted by the USACE and a review officer is processing the administrative appeal process.

Participation in the investor conference

Northern Dynasty Minerals recently participated virtually in Q1 Virtual Investor Summit which held on March 23-25, 2021. The company was presented by President and CEO Ron Thiessen.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Conclusion

Alaska’s Pebble Project rejection is still creating a negative impact for the Northern Dynasty Minerals. Though the company has submitted the appeal it is facing legal actions and financial loss due to permit rejection. The recent Tuesday plummeting is also connected to Pebble Project rejection.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Tonix Pharmaceutics Holdings Inc. (TNXP) stock gains during current market. What’s driving it high?

Tonix Pharmaceuticals Holdings Inc. (TNXP) stock gains by 2.81% in the current market trading session. Tonix is a clinical-stage biopharmaceutical business dedicated on finding,...

Intec Pharma Inc. (NTEC) stock declines during current market after a massive upraise. What’s happening?

Intec Pharma Inc. (NASDAQ: NTEC) stock drops by 7.88% during the current market trading session. Intec Pharma is a clinical-stage biopharmaceutical firm specializing in...

Related News

Oragenics Inc. (OGEN) stock gained during current market. What’s driving it high?

Oragenics Inc. (OGEN) stock gains by 54.33% during the current market trading session. Oragenics, is a research and development firm focused on combating infectious...

Flora Growth Corp. (FLGC) stock declines during premarket. Here’s what you should know?

Flora Growth Corp. (NASDAQ: FLGC) stock gained by 49.67% at last close whereas the FLGC stock price plunged by 18.36% in the pre-market trading...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam