The Globe and Mail reports in its Wednesday, July 29, edition that Paradigm Capital analyst David Davidson began coverage of Northern Dynasty Minerals ($2.02) with a "buy" rating and $5 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $2.45. Mr. Davidson says in a note: "Northern Dynasty's Pebble project is a world-class project that ranks among the largest undeveloped copper-gold deposits in the world. Over the past few years, the company has achieved significant derisking milestones, including the most recent announcement from the U.S. Army Corps of Engineers recommending the preferred development alternative of an 85-mile road to the port. With the final Environmental Impact Statement (EIS) received on July 24, and the Record of Decision expected 30 to 45 days thereafter, the Pebble project's remaining permitting will be out of federal hands and up to the State of Alaska, who holds a favourable view of the project." The Globe reported on Aug. 20, 2019, that H.C. Wainwright & Co. reiterated its "buy" call on Northern Dynasty as it elevated its share target to $3 from $2.50. The shares could then be had for 97 cents.