(NAK) Northern Dynasty Minerals - Overview

Sector: Basic Materials | Industry: Other Industrial Metals & Mining | Exchange: NYSE MKT (USA) | Market Cap: 1.093m USD | Total Return: 111.2% in 12m

Copper, Gold, Molybdenum, Silver
Total Rating 42
Safety 64
Buy Signal -0.16
Other Industrial Metals & Mining
Industry Rotation: -18.1
Market Cap: 1.09B
Avg Turnover: 12.5M
Risk 3d forecast
Volatility94.0%
VaR 5th Pctl13.4%
VaR vs Median-14.9%
Reward TTM
Sharpe Ratio1.25
Rel. Str. IBD93.1
Rel. Str. Peer Group84
Character TTM
Beta1.160
Beta Downside0.706
Hurst Exponent0.549
Drawdowns 3y
Max DD67.83%
CAGR/Max DD1.69
CAGR/Mean DD5.31

Warnings

Interest Coverage Ratio -74.4 is critical

Altman Z'' -15.00 < 1.0 - financial distress zone

Choppy

Tailwinds

Leader

Description: NAK Northern Dynasty Minerals

Northern Dynasty Minerals Ltd. is a Vancouver-based mineral exploration company focused on the development of the Pebble Project in southwest Alaska. This site represents one of the worlds largest undeveloped copper-gold-molybdenum deposits, covering approximately 274 square miles through 1,840 mineral claims. The company operates within the diversified metals and mining sub-industry, where business models often center on the multi-year permitting and environmental review processes required to transition from exploration to active extraction.

The company’s primary asset includes significant concentrations of rhenium, a rare transition metal essential for high-temperature superalloys used in jet engines and land-based turbines. As a junior mining firm, Northern Dynastys valuation is heavily tied to regulatory decisions and the legal status of its sole project’s land use permits. For a deeper look into the fundamental metrics and risk factors associated with this project, investors can explore the detailed analytics on ValueRay. The company has maintained its focus on the Pebble site since reincorporating under its current name in 1997.

Headlines to Watch Out For
  • EPA Clean Water Act veto and federal permitting litigation outcomes
  • Alaska state support for Pebble Project infrastructure and land access
  • Copper and gold price volatility impacts project valuation and feasibility
  • Capital raises and dilutive financing required for ongoing legal battles
Piotroski VR-10 (Strict) 0.0
Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.20 > 0.02 and ΔFCF/TA -5.61 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.20 > 3% & CFO -23.3m > Net Income -39.6m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.71 > 1.5 & < 3
Outstanding Shares: last quarter (604.2m) vs 12m ago 12.27% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: -74.40 > 6 (EBITDA TTM -65.9m / Interest Expense TTM 889k)
Altman Z'' -15.00
A: -0.19 (Total Current Assets 54.2m - Total Current Liabilities 76.5m) / Total Assets 119.3m
B: -6.86 (Retained Earnings -818.2m / Total Assets 119.3m)
C: -0.52 (EBIT TTM -66.1m / Avg Total Assets 126.0m)
D: 0.55 (Book Value of Equity 42.5m / Total Liabilities 76.9m)
Altman-Z'' = -26.53 = D
What is the price of NAK shares?

As of May 24, 2026, the stock is trading at USD 2.14 with a total of 8,911,759 shares traded.
Over the past week, the price has changed by +1.47%, over one month by +1.47%, over three months by +50.00% and over the past year by +111.22%.

Is NAK a buy, sell or hold?

Northern Dynasty Minerals has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy NAK.

  • StrongBuy: 0
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NAK price?
Analysts Target Price 2.5 16.8%
Northern Dynasty Minerals (NAK) - Fundamental Data Overview as of 20 May 2026
Market Cap CAD = 1.50b (1.09b USD * 1.3748 USD.CAD)
P/E Forward = 12.1065
P/B = 92.6229
P/EG = 2.0609
Revenue TTM = 0.0 CAD
EBIT TTM = -66.1m CAD
EBITDA TTM = -65.9m CAD
Long Term Debt = 358k CAD (from longTermDebtTotal, last fiscal year)
Short Term Debt = 73.6m CAD (from shortTermDebt, last quarter)
Debt = 74.5m CAD (from shortLongTermDebtTotal, last quarter) + Leases 536k
Net Debt = 21.9m CAD (calculated: Debt 74.5m - CCE 52.6m)
Enterprise Value = 1.52b CAD (1.50b + Debt 74.5m - CCE 52.6m)
Interest Coverage Ratio = -74.40 (Ebit TTM -66.1m / Interest Expense TTM 889k)
EV/FCF = -65.28x (Enterprise Value 1.52b / FCF TTM -23.3m)
FCF Yield = -1.53% (FCF TTM -23.3m / Enterprise Value 1.52b)
 FCF Margin = unknown (Revenue TTM is 0 or missing)
 Net Margin = unknown
 Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 126k) / Revenue TTM)
 Tobins Q-Ratio = 12.77 (Enterprise Value 1.52b / Total Assets 119.3m)
Interest Expense / Debt = 1.19% (Interest Expense 889k / Debt 74.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -52.2m (EBIT -66.1m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.71 (Total Current Assets 54.2m / Total Current Liabilities 76.5m)
Debt / Equity = 1.75 (Debt 74.5m / totalStockholderEquity, last quarter 42.5m)
 Debt / EBITDA = -0.33 (negative EBITDA) (Net Debt 21.9m / EBITDA -65.9m)
 Debt / FCF = -0.94 (negative FCF - burning cash) (Net Debt 21.9m / FCF TTM -23.3m)
 Total Stockholder Equity = 40.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.47% (Net Income -39.6m / Total Assets 119.3m)
RoE = -4.62% (Net Income TTM -39.6m / Total Stockholder Equity 858.4m)
RoCE = -7.70% (EBIT -66.1m / Capital Employed (Equity 858.4m + L.T.Debt 358k))
 RoIC = -44.86% (negative operating profit) (NOPAT -52.2m / Invested Capital 116.4m)
 WACC = 9.63% (E(1.50b)/V(1.58b) * Re(10.06%) + D(74.5m)/V(1.58b) * Rd(1.19%) * (1-Tc(0.21)))
Discount Rate = 10.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 76.83 | Cagr: 5.85%
 [DCF] Fair Price = unknown (Cash Flow -23.3m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.14 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.01 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.01 | Chg30d=N/A | Revisions=N/A | Analysts=1
EPS current Year (2026-12-31): EPS=-0.04 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=+8.7% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=-0.04 | Chg30d=N/A | Revisions=+20% | GrowthEPS=+0.0% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +20%