5 Best Stocks for Beginners with Little Money

1. Northern Dynasty Minerals Ltd. (NYSE: NAK)

Number of hedge fund holders: 5

Northern Dynasty Minerals Ltd. (NYSE: NAK) is a Vancouver-based mining company. The most important mineral project being run by the firm is the Pebble project in Alaska. It is a copper-gold-molybdenum mine comprising 2,402 mineral claims that covers an area of almost 417 square miles. This area is often considered to house one of the world’s largest unexplored copper and gold deposits. The significance of these copper deposits, which also provide other rare earth metals used in different electronic devices, is not lost on the Canadian firm. 

The company is hopeful that work on the project, currently in limbo, begins again. Northern Dynasty was founded in 1983 and is placed first on our list of 10 best stocks for beginners with little money. The company is presently in the process of filing an administrative appeal with the US Army Corp of Engineers to restart work on the Pebble mine. 

Out of the hedge funds being tracked by Insider Monkey, Florida-based investment firm Kopernik Global Investors is a leading shareholder in the firm with 26 million shares worth more than $8.3 million. 

You can also take a peek at 10 Best Biotech Stocks To Buy For 2021, and Top 10 Best Freelancing Platforms and Websites for 2021.

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