NAK shares rise ahead of Pebble Mine hearing
Northern Dynasty Minerals Ltd. shares in the U.S. rallied Friday, ending the session up 7.31% at $2.35 after about 8.78 million shares traded. For the holiday-shortened U.S. week, the stock is up roughly 13.5% from last Friday. In Canada, Northern Dynasty closed at C$3.24 on the Toronto exchange, a 7.64% gain for the day and 13.3% higher than its May 22 close. May 30 lands on a Saturday, so markets are shut. Last week’s rally is the focus as investors look to June. The NYSE was also closed Monday, May 25 for Memorial Day, leaving NAK with just four full trading sessions in the U.S.