Northern Dynasty Minerals Ltd. (NAK) 10-Year Financial Performance & Capital Metrics

NAK • • Industrial / General

Basic MaterialsIndustrial MaterialsBase & Industrial MetalsCopper & Zinc Producers

AboutNorthern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, 17 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage. The company was formerly known as Northern Dynasty Explorations Ltd. and changed its name to Northern Dynasty Minerals Ltd. in October 1997. Northern Dynasty Minerals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.Show more

Revenue $0
EBITDA -$18M -9.5%
Net Income -$36M -128.2%
EPS (Diluted) -0.07 -69.7%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -32.79% -175.3%
ROIC -14.31% -34.0%
Debt/Equity 0.04 +65.6%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 90 (top 10%)

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high
✗Expensive at 11.5x book value
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-473.3%

EPS CAGR

10Y-

5Y-

3Y-

TTM-335.85%

ROCE

10Y Avg-26.57%

5Y Avg-20.14%

3Y Avg-15.2%

Latest-16.57%

Peer Comparison

Copper & Zinc Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEXANexa Resources S.A.	1.42B	10.74	-6.93	7.51%	-0.57%	-1.29%	6.38%	1.75
XPLSolitario Zinc Corp.	62.72M	0.69	-10.41			-19.9%		0.00
NAKNorthern Dynasty Minerals Ltd.	1.14B	2.07	-30.80			-131.85%		0.04
WRNWestern Copper and Gold Corporation	684.97M	3.39	-92.12			-1.85%		0.00
TMQTrilogy Metals Inc.	906.62M	5.30	-101.53		-1151.79%	-7.14%		0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	34.89M	205K	176K	234K	647K	534.2K	260.11K	104K	123.74K	0
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	-34.89M	-205K	-176K	-234K	-647K	-534.2K	-260.11K	-104K	-123.74K	0
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-0.02%	0.99%	0.14%	-0.33%	-1.76%	0.17%	0.51%	0.6%	-0.19%	1%
Operating Expenses+	8.27M	27.1M	64.19M	66.21M	68.77M	62.15M	24.43M	24.5M	16.74M	18.34M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	34.89M	19.17M	41.6M	15.8M	15.75M	62.15M	24.43M	15.23M	16.74M	18.65M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	214K	11K	22.59M	638K	53.01M	0	0	9.27M	0	-313K
Operating Income+	-34.89M	-27.1M	-64.19M	-66.21M	-68.77M	-62.69M	-24.69M	-24.61M	-16.86M	-18.34M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.02%	0.22%	-1.37%	-0.03%	-0.04%	0.09%	0.61%	0%	0.31%	-0.09%
EBITDA+	-34.62M	-26.9M	-64.02M	-65.98M	-68.12M	-62.15M	-24.43M	-24.35M	-16.74M	-18.34M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.02%	0.22%	-1.38%	-0.03%	-0.03%	0.09%	0.61%	0%	0.31%	-0.1%
D&A (Non-Cash Add-back)	279K	205K	176K	234K	647K	533K	260.11K	259K	123.74K	3K
EBIT	-34.89M	-27.12M	-64.19M	-66.21M	-68.77M	-63.9M	-24.88M	-24.61M	-15.86M	-18.65M
Net Interest Income+	-45K	0	0	0	103K	22.76K	109K	212K	189K	36K
Interest Income	99K	33K	462K	684K	237K	114.6K	176K	279K	270K	36K
Interest Expense	144K	0	0	0	134K	91.84K	67K	67K	81K	0
Other Income/Expense	-449K	119K	-671K	50.26M	-428K	-1.33M	-250.62K	271K	936.33K	-17.75M
Pretax Income+	-35.34M	-26.98M	-64.86M	-15.96M	-69.19M	-64.02M	-24.94M	-24.34M	-15.92M	-36.08M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-1.51M	11K	0	0	0	0	0	107K	-83K	65K
Effective Tax Rate %	0.96%	1%	1%	1%	1%	1%	1%	1%	0.99%	1%
Net Income+	-33.83M	-26.98M	-64.86M	-15.96M	-69.19M	-64.02M	-24.94M	-24.44M	-15.84M	-36.15M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.08%	0.2%	-1.4%	0.75%	-3.34%	0.07%	0.61%	0.02%	0.35%	-1.28%
Net Income (Continuing)	-33.83M	-26.98M	-64.86M	-15.96M	-69.19M	-64.02M	-24.94M	-24.44M	-15.84M	-36.15M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.23	-0.11	-0.22	-0.05	-0.19	-0.13	-0.06	-0.05	-0.04	-0.07
EPS Growth %	0.3%	0.52%	-1%	0.77%	-2.72%	0.32%	0.53%	0.24%	0.14%	-0.7%
EPS (Basic)	-0.23	-0.11	-0.22	-0.05	-0.19	-0.13	-0.06	-0.05	-0.04	-0.07
Diluted Shares Outstanding	146.31M	246.16M	300.51M	312.26M	358.34M	473.67M	521.46M	529.78M	530.27M	537.85M
Basic Shares Outstanding	146.31M	246.16M	300.51M	312.26M	358.34M	473.67M	521.46M	529.78M	530.28M	537.85M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	10.62M	7.88M	68.15M	16.26M	14.95M	43.94M	24.16M	16.84M	21.13M	18.05M
Cash & Short-Term Investments	9.09M	7.2M	67.16M	14.87M	14.04M	42.46M	22.29M	14.17M	18.2M	16.14M
Cash Only	7.51M	7.2M	67.16M	14.87M	14.04M	42.46M	22.29M	14.17M	18.2M	16.14M
Short-Term Investments	1.58M	0	0	0	0	0	0	0	0	0
Accounts Receivable	514K	0	583K	838K	416K	654K	0	130K	0	152K
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	617K	0	0	0	0	0	516K	0	675K	0
Total Non-Current Assets+	147.09M	142.47M	134.47M	145.66M	139.67M	136.44M	135.12M	128.38M	122.72M	119.11M
Property, Plant & Equipment	147.09M	142.47M	133.71M	144.84M	138.87M	135.65M	134.34M	127.53M	121.85M	118.13M
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	757K	830K	805K	0	785K	0	872K	0
Other Non-Current Assets	0	0	0	0	0	791K	0	852K	0	984K
Total Assets+	157.7M	150.35M	202.62M	161.92M	154.62M	180.37M	159.28M	145.22M	143.85M	137.16M
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	0.16%	-0.05%	0.35%	-0.2%	-0.05%	0.17%	-0.12%	-0.09%	-0.01%	-0.05%
Total Current Liabilities+	2.72M	1.5M	11.32M	6.52M	15.19M	7.41M	2.42M	2.07M	20.23M	39.41M
Accounts Payable	1.59M	1.26M	10.27M	5.3M	12.4M	6.3M	1.92M	1.68M	929K	917K
Days Payables Outstanding	16.67	2.24K	21.29K	8.27K	7K	4.31K	2.7K	5.91K	2.74K	-
Short-Term Debt	0	0	0	0	1.36M	0	0	0	2.2M	2.75M
Deferred Revenue (Current)	0	0	0	0	1000K	0	0	0	0	0
Other Current Liabilities	453K	240K	1.05M	635K	43K	0	376K	0	16.69M	35.3M
Current Ratio	3.90x	5.25x	6.02x	2.49x	0.98x	5.93x	9.97x	8.13x	1.04x	0.46x
Quick Ratio	3.90x	5.25x	6.02x	2.49x	0.98x	5.93x	9.97x	8.13x	1.04x	0.46x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	0	53.8M	7.19M	934K	657K	1.36M	463K	338K	548K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	934K	657K	561K	463K	338K	548K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	53.8M	7.19M	0	0	804K	0	0	0
Total Liabilities	2.72M	1.5M	65.12M	13.71M	16.12M	8.07M	3.79M	2.53M	20.56M	39.96M
Total Debt+	0	0	0	0	2.58M	916K	687K	613K	2.66M	3.47M
Net Debt	-7.51M	-7.2M	-67.16M	-14.87M	-11.46M	-41.54M	-21.6M	-13.56M	-15.54M	-12.67M
Debt / Equity	-	-	-	-	0.02x	0.01x	0.00x	0.00x	0.02x	0.04x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-242.32x	-	-	-	-513.17x	-682.58x	-368.46x	-367.25x	-208.16x	-
Total Equity+	154.98M	148.85M	137.5M	148.21M	138.5M	172.31M	155.49M	142.69M	123.28M	97.2M
Equity Growth %	0.21%	-0.04%	-0.08%	0.08%	-0.07%	0.24%	-0.1%	-0.08%	-0.14%	-0.21%
Book Value per Share	1.06	0.60	0.46	0.47	0.39	0.36	0.30	0.27	0.23	0.18
Total Shareholders' Equity	154.98M	148.85M	137.5M	148.21M	138.5M	172.31M	155.49M	142.69M	123.28M	97.2M
Common Stock	435.07M	452.13M	513.3M	517.33M	587.45M	683.04M	700.28M	700.28M	702.95M	702.75M
Retained Earnings	-379.12M	-406.11M	-470.97M	-486.91M	-556.11M	-619.98M	-651.52M	-675.96M	-696.96M	-732.87M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	99.03M	102.82M	95.17M	117.8M	107.16M	109.25M	106.73M	118.37M	117.29M	127.31M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-37.55M	-24.01M	-43.02M	-64.1M	-64.74M	-57.82M	-32.48M	-23.96M	-22.11M	-17.14M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-0.35%	0.36%	-0.79%	-0.49%	-0.01%	0.11%	0.44%	0.26%	0.08%	0.22%
Net Income	-33.83M	-26.98M	-64.86M	-15.96M	-69.19M	-63.87M	-31.54M	-24.44M	-21M	-36.15M
Depreciation & Amortization	279K	205K	176K	234K	647K	533K	329K	259K	164K	162K
Stock-Based Compensation	903K	3M	5.86M	4.73M	3.97M	9.34M	2.86M	2.3M	1.07M	27K
Deferred Taxes	-1.51M	25K	511K	-48.69M	112K	2.06M	46K	0	0	0
Other Non-Cash Items	-123K	-33K	6.4M	-684K	-223K	-137K	-192K	-249K	-1.34M	17.46M
Working Capital Changes	-3.26M	-224K	8.9M	-3.74M	-57K	-5.74M	-3.97M	-1.83M	-1.01M	1.35M
Change in Receivables	-8K	405K	-317K	-123K	481K	-550K	-17K	-565K	-259K	1.02M
Change in Inventory	-173K	-437K	393K	0	0	0	0	0	0	0
Change in Payables	-4.37M	-645K	9.62M	-3.5M	-158K	-6.13M	-3.48M	-1.12M	-799K	345K
Cash from Investing+	594K	1.8M	-59K	652K	220K	130K	164K	15.67M	2.95M	14.59M
Capital Expenditures	-28K	0	-473K	-20K	0	0	0	-31K	0	0
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	342K	44K	414K	672K	214K	130K	164K	238K	2.95M	14.59M
Cash from Financing+	35.01M	21.97M	104.69M	10.59M	63.83M	87.97M	12.19M	-129K	23.31M	-123K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	29.84M	5.94M	58.8M	10.59M	-4M	8.15M	11.52M	0	-59K	23K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-37.57M	-24.01M	-43.49M	-64.12M	-64.74M	-57.82M	-32.48M	-23.99M	-22.11M	-17.14M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	-0.35%	0.36%	-0.81%	-0.47%	-0.01%	0.11%	0.44%	0.26%	0.08%	0.22%
FCF per Share	-0.26	-0.10	-0.14	-0.21	-0.18	-0.12	-0.06	-0.05	-0.04	-0.03
FCF Conversion (FCF/Net Income)	1.11x	0.89x	0.66x	4.02x	0.94x	0.90x	1.30x	0.98x	1.40x	0.47x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-23.91%	-17.76%	-45.3%	-11.17%	-48.27%	-41.19%	-15.21%	-16.39%	-11.91%	-32.79%
Return on Invested Capital (ROIC)	-19.68%	-14.06%	-45.42%	-48.76%	-39.61%	-36.47%	-13.99%	-14.03%	-10.68%	-14.31%
Debt / Equity	-	-	-	-	0.02x	0.01x	0.00x	0.00x	0.02x	0.04x
Interest Coverage	-242.32x	-	-	-	-513.17x	-682.58x	-368.46x	-367.25x	-208.16x	-
FCF Conversion	1.11x	0.89x	0.66x	4.02x	0.94x	0.90x	1.30x	0.98x	1.40x	0.47x

Frequently Asked Questions

Growth & Financials

Northern Dynasty Minerals Ltd. (NAK) grew revenue by 0.0% over the past year. Growth has been modest.

Northern Dynasty Minerals Ltd. (NAK) reported a net loss of $79.6M for fiscal year 2024.

Dividend & Returns

Northern Dynasty Minerals Ltd. (NAK) has a return on equity (ROE) of -32.8%. Negative ROE indicates the company is unprofitable.

Northern Dynasty Minerals Ltd. (NAK) had negative free cash flow of $20.5M in fiscal year 2024, likely due to heavy capital investments.

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Northern Dynasty Minerals Ltd. (NAK) 10-Year Financial Performance & Capital Metrics

NAK • • Industrial / General

Basic MaterialsIndustrial MaterialsBase & Industrial MetalsCopper & Zinc Producers

Revenue $0
EBITDA -$18M -9.5%
Net Income -$36M -128.2%
EPS (Diluted) -0.07 -69.7%
Gross Margin -
EBITDA Margin -
Operating Margin -
Net Margin -
ROE -32.79% -175.3%
ROIC -14.31% -34.0%
Debt/Equity 0.04 +65.6%
Interest Coverage -

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Momentum leader: RS Rating 90 (top 10%)

✗Weaknesses

✗Weak Piotroski F-Score: 1/9
✗Low quality earnings: Net income not backed by cash flow
✗Trading more than 30% below 52-week high
✗Expensive at 11.5x book value
✗Low asset turnover indicates capital-intensive operations

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-473.3%

EPS CAGR

10Y-

5Y-

3Y-

TTM-335.85%

ROCE

10Y Avg-26.57%

5Y Avg-20.14%

3Y Avg-15.2%

Latest-16.57%

Peer Comparison

Copper & Zinc Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NEXANexa Resources S.A.	1.42B	10.74	-6.93	7.51%	-0.57%	-1.29%	6.38%	1.75
XPLSolitario Zinc Corp.	62.72M	0.69	-10.41			-19.9%		0.00
NAKNorthern Dynasty Minerals Ltd.	1.14B	2.07	-30.80			-131.85%		0.04
WRNWestern Copper and Gold Corporation	684.97M	3.39	-92.12			-1.85%		0.00
TMQTrilogy Metals Inc.	906.62M	5.30	-101.53		-1151.79%	-7.14%		0.00

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	0	0	0	0	0	0	0	0	0
Revenue Growth %	-	-	-	-	-	-	-	-	-	-
Cost of Goods Sold+	34.89M	205K	176K	234K	647K	534.2K	260.11K	104K	123.74K	0
COGS % of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit+	-34.89M	-205K	-176K	-234K	-647K	-534.2K	-260.11K	-104K	-123.74K	0
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	-0.02%	0.99%	0.14%	-0.33%	-1.76%	0.17%	0.51%	0.6%	-0.19%	1%
Operating Expenses+	8.27M	27.1M	64.19M	66.21M	68.77M	62.15M	24.43M	24.5M	16.74M	18.34M
OpEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Selling, General & Admin	34.89M	19.17M	41.6M	15.8M	15.75M	62.15M	24.43M	15.23M	16.74M	18.65M
SG&A % of Revenue	-	-	-	-	-	-	-	-	-	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	214K	11K	22.59M	638K	53.01M	0	0	9.27M	0	-313K
Operating Income+	-34.89M	-27.1M	-64.19M	-66.21M	-68.77M	-62.69M	-24.69M	-24.61M	-16.86M	-18.34M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.02%	0.22%	-1.37%	-0.03%	-0.04%	0.09%	0.61%	0%	0.31%	-0.09%
EBITDA+	-34.62M	-26.9M	-64.02M	-65.98M	-68.12M	-62.15M	-24.43M	-24.35M	-16.74M	-18.34M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	-0.02%	0.22%	-1.38%	-0.03%	-0.03%	0.09%	0.61%	0%	0.31%	-0.1%
D&A (Non-Cash Add-back)	279K	205K	176K	234K	647K	533K	260.11K	259K	123.74K	3K
EBIT	-34.89M	-27.12M	-64.19M	-66.21M	-68.77M	-63.9M	-24.88M	-24.61M	-15.86M	-18.65M
Net Interest Income+	-45K	0	0	0	103K	22.76K	109K	212K	189K	36K
Interest Income	99K	33K	462K	684K	237K	114.6K	176K	279K	270K	36K
Interest Expense	144K	0	0	0	134K	91.84K	67K	67K	81K	0
Other Income/Expense	-449K	119K	-671K	50.26M	-428K	-1.33M	-250.62K	271K	936.33K	-17.75M
Pretax Income+	-35.34M	-26.98M	-64.86M	-15.96M	-69.19M	-64.02M	-24.94M	-24.34M	-15.92M	-36.08M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	-1.51M	11K	0	0	0	0	0	107K	-83K	65K
Effective Tax Rate %	0.96%	1%	1%	1%	1%	1%	1%	1%	0.99%	1%
Net Income+	-33.83M	-26.98M	-64.86M	-15.96M	-69.19M	-64.02M	-24.94M	-24.44M	-15.84M	-36.15M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.08%	0.2%	-1.4%	0.75%	-3.34%	0.07%	0.61%	0.02%	0.35%	-1.28%
Net Income (Continuing)	-33.83M	-26.98M	-64.86M	-15.96M	-69.19M	-64.02M	-24.94M	-24.44M	-15.84M	-36.15M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.23	-0.11	-0.22	-0.05	-0.19	-0.13	-0.06	-0.05	-0.04	-0.07
EPS Growth %	0.3%	0.52%	-1%	0.77%	-2.72%	0.32%	0.53%	0.24%	0.14%	-0.7%
EPS (Basic)	-0.23	-0.11	-0.22	-0.05	-0.19	-0.13	-0.06	-0.05	-0.04	-0.07
Diluted Shares Outstanding	146.31M	246.16M	300.51M	312.26M	358.34M	473.67M	521.46M	529.78M	530.27M	537.85M
Basic Shares Outstanding	146.31M	246.16M	300.51M	312.26M	358.34M	473.67M	521.46M	529.78M	530.28M	537.85M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	10.62M	7.88M	68.15M	16.26M	14.95M	43.94M	24.16M	16.84M	21.13M	18.05M
Cash & Short-Term Investments	9.09M	7.2M	67.16M	14.87M	14.04M	42.46M	22.29M	14.17M	18.2M	16.14M
Cash Only	7.51M	7.2M	67.16M	14.87M	14.04M	42.46M	22.29M	14.17M	18.2M	16.14M
Short-Term Investments	1.58M	0	0	0	0	0	0	0	0	0
Accounts Receivable	514K	0	583K	838K	416K	654K	0	130K	0	152K
Days Sales Outstanding	-	-	-	-	-	-	-	-	-	-
Inventory	0	0	0	0	0	0	0	0	0	0
Days Inventory Outstanding	-	-	-	-	-	-	-	-	-	-
Other Current Assets	617K	0	0	0	0	0	516K	0	675K	0
Total Non-Current Assets+	147.09M	142.47M	134.47M	145.66M	139.67M	136.44M	135.12M	128.38M	122.72M	119.11M
Property, Plant & Equipment	147.09M	142.47M	133.71M	144.84M	138.87M	135.65M	134.34M	127.53M	121.85M	118.13M
Fixed Asset Turnover	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0
Long-Term Investments	0	0	757K	830K	805K	0	785K	0	872K	0
Other Non-Current Assets	0	0	0	0	0	791K	0	852K	0	984K
Total Assets+	157.7M	150.35M	202.62M	161.92M	154.62M	180.37M	159.28M	145.22M	143.85M	137.16M
Asset Turnover	-	-	-	-	-	-	-	-	-	-
Asset Growth %	0.16%	-0.05%	0.35%	-0.2%	-0.05%	0.17%	-0.12%	-0.09%	-0.01%	-0.05%
Total Current Liabilities+	2.72M	1.5M	11.32M	6.52M	15.19M	7.41M	2.42M	2.07M	20.23M	39.41M
Accounts Payable	1.59M	1.26M	10.27M	5.3M	12.4M	6.3M	1.92M	1.68M	929K	917K
Days Payables Outstanding	16.67	2.24K	21.29K	8.27K	7K	4.31K	2.7K	5.91K	2.74K	-
Short-Term Debt	0	0	0	0	1.36M	0	0	0	2.2M	2.75M
Deferred Revenue (Current)	0	0	0	0	1000K	0	0	0	0	0
Other Current Liabilities	453K	240K	1.05M	635K	43K	0	376K	0	16.69M	35.3M
Current Ratio	3.90x	5.25x	6.02x	2.49x	0.98x	5.93x	9.97x	8.13x	1.04x	0.46x
Quick Ratio	3.90x	5.25x	6.02x	2.49x	0.98x	5.93x	9.97x	8.13x	1.04x	0.46x
Cash Conversion Cycle	-	-	-	-	-	-	-	-	-	-
Total Non-Current Liabilities+	0	0	53.8M	7.19M	934K	657K	1.36M	463K	338K	548K
Long-Term Debt	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	934K	657K	561K	463K	338K	548K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	53.8M	7.19M	0	0	804K	0	0	0
Total Liabilities	2.72M	1.5M	65.12M	13.71M	16.12M	8.07M	3.79M	2.53M	20.56M	39.96M
Total Debt+	0	0	0	0	2.58M	916K	687K	613K	2.66M	3.47M
Net Debt	-7.51M	-7.2M	-67.16M	-14.87M	-11.46M	-41.54M	-21.6M	-13.56M	-15.54M	-12.67M
Debt / Equity	-	-	-	-	0.02x	0.01x	0.00x	0.00x	0.02x	0.04x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-242.32x	-	-	-	-513.17x	-682.58x	-368.46x	-367.25x	-208.16x	-
Total Equity+	154.98M	148.85M	137.5M	148.21M	138.5M	172.31M	155.49M	142.69M	123.28M	97.2M
Equity Growth %	0.21%	-0.04%	-0.08%	0.08%	-0.07%	0.24%	-0.1%	-0.08%	-0.14%	-0.21%
Book Value per Share	1.06	0.60	0.46	0.47	0.39	0.36	0.30	0.27	0.23	0.18
Total Shareholders' Equity	154.98M	148.85M	137.5M	148.21M	138.5M	172.31M	155.49M	142.69M	123.28M	97.2M
Common Stock	435.07M	452.13M	513.3M	517.33M	587.45M	683.04M	700.28M	700.28M	702.95M	702.75M
Retained Earnings	-379.12M	-406.11M	-470.97M	-486.91M	-556.11M	-619.98M	-651.52M	-675.96M	-696.96M	-732.87M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	99.03M	102.82M	95.17M	117.8M	107.16M	109.25M	106.73M	118.37M	117.29M	127.31M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-37.55M	-24.01M	-43.02M	-64.1M	-64.74M	-57.82M	-32.48M	-23.96M	-22.11M	-17.14M
Operating CF Margin %	-	-	-	-	-	-	-	-	-	-
Operating CF Growth %	-0.35%	0.36%	-0.79%	-0.49%	-0.01%	0.11%	0.44%	0.26%	0.08%	0.22%
Net Income	-33.83M	-26.98M	-64.86M	-15.96M	-69.19M	-63.87M	-31.54M	-24.44M	-21M	-36.15M
Depreciation & Amortization	279K	205K	176K	234K	647K	533K	329K	259K	164K	162K
Stock-Based Compensation	903K	3M	5.86M	4.73M	3.97M	9.34M	2.86M	2.3M	1.07M	27K
Deferred Taxes	-1.51M	25K	511K	-48.69M	112K	2.06M	46K	0	0	0
Other Non-Cash Items	-123K	-33K	6.4M	-684K	-223K	-137K	-192K	-249K	-1.34M	17.46M
Working Capital Changes	-3.26M	-224K	8.9M	-3.74M	-57K	-5.74M	-3.97M	-1.83M	-1.01M	1.35M
Change in Receivables	-8K	405K	-317K	-123K	481K	-550K	-17K	-565K	-259K	1.02M
Change in Inventory	-173K	-437K	393K	0	0	0	0	0	0	0
Change in Payables	-4.37M	-645K	9.62M	-3.5M	-158K	-6.13M	-3.48M	-1.12M	-799K	345K
Cash from Investing+	594K	1.8M	-59K	652K	220K	130K	164K	15.67M	2.95M	14.59M
Capital Expenditures	-28K	0	-473K	-20K	0	0	0	-31K	0	0
CapEx % of Revenue	-	-	-	-	-	-	-	-	-	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	342K	44K	414K	672K	214K	130K	164K	238K	2.95M	14.59M
Cash from Financing+	35.01M	21.97M	104.69M	10.59M	63.83M	87.97M	12.19M	-129K	23.31M	-123K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	29.84M	5.94M	58.8M	10.59M	-4M	8.15M	11.52M	0	-59K	23K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-37.57M	-24.01M	-43.49M	-64.12M	-64.74M	-57.82M	-32.48M	-23.99M	-22.11M	-17.14M
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF Growth %	-0.35%	0.36%	-0.81%	-0.47%	-0.01%	0.11%	0.44%	0.26%	0.08%	0.22%
FCF per Share	-0.26	-0.10	-0.14	-0.21	-0.18	-0.12	-0.06	-0.05	-0.04	-0.03
FCF Conversion (FCF/Net Income)	1.11x	0.89x	0.66x	4.02x	0.94x	0.90x	1.30x	0.98x	1.40x	0.47x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-23.91%	-17.76%	-45.3%	-11.17%	-48.27%	-41.19%	-15.21%	-16.39%	-11.91%	-32.79%
Return on Invested Capital (ROIC)	-19.68%	-14.06%	-45.42%	-48.76%	-39.61%	-36.47%	-13.99%	-14.03%	-10.68%	-14.31%
Debt / Equity	-	-	-	-	0.02x	0.01x	0.00x	0.00x	0.02x	0.04x
Interest Coverage	-242.32x	-	-	-	-513.17x	-682.58x	-368.46x	-367.25x	-208.16x	-
FCF Conversion	1.11x	0.89x	0.66x	4.02x	0.94x	0.90x	1.30x	0.98x	1.40x	0.47x

Frequently Asked Questions

Growth & Financials

Northern Dynasty Minerals Ltd. (NAK) grew revenue by 0.0% over the past year. Growth has been modest.

Northern Dynasty Minerals Ltd. (NAK) reported a net loss of $79.6M for fiscal year 2024.

Dividend & Returns

Northern Dynasty Minerals Ltd. (NAK) has a return on equity (ROE) of -32.8%. Negative ROE indicates the company is unprofitable.

Northern Dynasty Minerals Ltd. (NAK) had negative free cash flow of $20.5M in fiscal year 2024, likely due to heavy capital investments.