Notable Momentum Stocks in Focus: Northern Dynasty Minerals Ltd (NYSEMKT:NAK), Walt Disney Co (NYSE:DIS)

On Wednesday, Shares of Northern Dynasty Minerals Ltd (NYSEMKT:NAK), added 22.84% and closed at $0.925 in the last trading session. The last trading range of the stock ranges between $0.85 and $0.94. Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) (“Northern Dynasty” or the “Company”) declares that its wholly-owned partner, Alaska-based Pebble Limited Partnership (“Pebble Partnership” or “PLP”) and the US Environmental Protection Agency (“EPA”) have filed a joint Notice in federal court stating their intent to enter into mediation in an effort to resolve ongoing litigation under the Federal Advisory Committee Act (“FACA”).

In September 2014, the Pebble Partnership initiated an action in federal district court in Alaska, alleging that EPA violated FACA by its close interactions with, and the undue influence of, Environmental Non-Government Organizations (“ENGOs”) and anti-mine activists in developing the Bristol Bay Watershed Assessment, and its unprecedented, pre-emptive regulatory action under Section 404(c) of the Clean Water Act.  In November 2014, a federal court judge granted PLP’s request for a preliminary injunction in the FACA case, prohibiting EPA from taking any further steps toward finalizing its 404(c) regulatory action, and signaling that PLP’s case had a likelihood of succeeding on its merits.

Walt Disney Co (NYSE:DIS), jumped 0.28% and closed at $94.64 in the last trading session. The last trading range of the stock ranges between $92.11 and $94.92. The company’s Market capitalization is $52.02 Billion with the total Outstanding Shares of 1.61 Billion. The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates broadcast and cable television networks, domestic television stations, and radio networks and stations; and is involved in the television production and television distribution operations. Its cable networks include ESPN, Disney Channels, and ABC Family, in addition to UTV/Bindass and Hungama. The company owns eight domestic television stations. It also owns and operates the Walt Disney World Resort in Florida that includes theme parks; hotels; vacation club properties; a retail, dining, and entertainment complex; a sports complex; conference centers; campgrounds; golf courses; water parks; and other recreational facilities. In addition, the company operates Disneyland Resort in California; Disney Resort & Spa in Hawaii; Disney Vacation Club, Disney Cruise Line, and Adventures by Disney; and Disneyland Paris, Hong Kong Disneyland Resort, and Shanghai Disney Resort, in addition to licenses its intellectual property to a third party for the operations of the Tokyo Disney Resort in Japan. Further, it produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings, and live stage plays; licenses trade names, characters, and visual and literary properties to retailers and publishers; publishes entertainment and educational books, magazines, and comic books; and operates English language learning centers in China. In Addition To, the company is involved in the sale of merchandise through its retail stores, Internet shopping sites, and wholesale business.

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