Why Northern Dynasty Minerals Dropped More Than 30% Today
Shares of Canadian miner Northern Dynasty Minerals (NYSEMKT: NAK) have been on a roller-coaster ride since May. The owner of the Pebble Mine project in Alaska saw it shares fall more than 30% today, bringing shares back to the levels of early May, after having soared almost 300% through late July.
Why the sudden plunge? Look to the Trump administration's opposition to the Pebble Mine project.
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Source Fool.com