NEW YORK, NY / ACCESSWIRE / April 13, 2017 / Northern Dynasty received great news from the state of Alaska, as it can now move forward with one of its primary projects. A lack of news concerning Cameco has investors in a hold pattern for the foreseeable future.

RDI Initiates Coverage on:

Northern Dynasty Minerals Ltd.

https://ub.rdinvesting.com/news/?ticker=NAK

Cameco Corp

https://ub.rdinvesting.com/news/?ticker=CCJ

Northern Dynasty Minerals gained 31.88% to close at $1.82 on Wednesday. The stock traded between $1.47 and $1.85 per share on a volume of 23,952,180 shares traded. The sharp advance came on the news that the state of Alaska had granted permission for the mining operations to continue. This entailed a formal notice of approval, and a Miscellaneous Land Use Permit from the Alaska Department of Natural Resources. Mining operations had been interrupted but can now resume.

The Pebble Project is an enormous porphyry copper, gold, and molybdenum mineral deposit located in southeast Alaska. Opponents of the project have cited environmental concerns regarding the fish and water. The project website informs the public that porphyry copper needs to be thought of in terms of pebbles, and not nuggets, veins or lodes. Special processes are required to extract the copper, which is embedded in a land area that may contain the world's largest single deposit of copper.

Tom Collier, Pebble Partnership's CEO said of the decision, "We will continue our site operations in 2017 in full compliance with the State's permit conditions, and in a manner that protects the broader public interest in the lands and resources surrounding the Pebble property."

Northern Dynasty posted a loss of $20.12 million for the fiscal year ending December 31, 2016.

Access RDI's Northern Dynasty Research Report at:

https://ub.rdinvesting.com/news/?ticker=NAK

Cameco slid 3.98% to close at $11.33 on Wednesday. The stock traded erratically, between $11.24 and $11.69 per share on a lower than average volume of 2,788,041 shares. The major investment ratings firms have almost unanimously given the company a "hold" rating, and Wednesday's trading volume was below its calculated average. Cameco is the world's largest publicly traded uranium company, with analysts maintaining that its year-on-year change in revenue and earnings is better than the median among its competition. One limitation to be considered is that analysts suggest the company does not have the financial flexibility needed to move up just yet, because it is highly unlikely that it will be able to add to its current debt position.

The company posted a $44.651 net loss for the fiscal year-end period of December 31, 2016. Though it reported revenues of $1.81 billion, its gross profit was only $345,610.

Access RDI's Cameco Research Report at:

https://ub.rdinvesting.com/news/?ticker=CCJ

Our Actionable Research on Northern Dynasty Minerals Ltd. (NYSE MKT: NAK) and Cameco Corp. (NYSE: CCJ) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com