Northern Dynasty Minerals Ltd.

TSX:NDM Stock Report

Market Cap: CA$1.6b

Northern Dynasty Minerals Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Northern Dynasty Minerals.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth15.8%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

Low

Last updated25 Mar 2026

Recent future growth updates

No updates

Recent updates

Analysis Article Jul 20

Is Northern Dynasty Minerals (TSE:NDM) Using Debt Sensibly?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 06

Is Northern Dynasty Minerals (TSE:NDM) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 23

Northern Dynasty Minerals (TSE:NDM) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Dec 07

Is Northern Dynasty Minerals (TSE:NDM) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 07

Health Check: How Prudently Does Northern Dynasty Minerals (TSE:NDM) Use Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 12

Is Northern Dynasty Minerals (TSE:NDM) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 26

Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article Jan 10

Here's Why We're Not Too Worried About Northern Dynasty Minerals' (TSE:NDM) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
Analysis Article Jul 08

Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Analysis Article Jul 20

We Think Northern Dynasty Minerals (TSE:NDM) Needs To Drive Business Growth Carefully

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Mar 03

Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Invest In Growth?

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Nov 18

Is Northern Dynasty Minerals (TSE:NDM) In A Good Position To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Earnings and Revenue Growth Forecasts

TSX:NDM - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2028N/AN/AN/AN/A1
12/31/2027N/AN/AN/AN/A1
12/31/2026N/AN/AN/AN/A1
3/31/2026N/A-43-23-23N/A
12/31/2025N/A-104-23-23N/A
9/30/2025N/A-83-20-20N/A
6/30/2025N/A-79-19-19N/A
3/31/2025N/A-71-19-19N/A
12/31/2024N/A-36-17-17N/A
9/30/2024N/A-17-20-20N/A
6/30/2024N/A-17-18-18N/A
3/31/2024N/A-19-21-21N/A
12/31/2023N/A-21-22-22N/A
9/30/2023N/A-24-23-23N/A
6/30/2023N/A-27-25-25N/A
3/31/2023N/A-27-24-24N/A
12/31/2022N/A-24-24-24N/A
9/30/2022N/A-22-19-19N/A
6/30/2022N/A-23-26-26N/A
3/31/2022N/A-26-30-30N/A
12/31/2021N/A-32-32-32N/A
9/30/2021N/A-40-47-47N/A
6/30/2021N/A-57-51-51N/A
3/31/2021N/A-63-54-54N/A
12/31/2020N/A-64-58-58N/A
9/30/2020N/A-67-58-58N/A
6/30/2020N/A-60-58-58N/A
3/31/2020N/A-64-63-63N/A
12/31/2019N/A-69N/A-65N/A
9/30/2019N/A-66N/A-67N/A
6/30/2019N/A-69N/A-72N/A
3/31/2019N/A-21N/A-69N/A
12/31/2018N/A-16N/A-64N/A
9/30/2018N/A-15N/A-62N/A
6/30/2018N/A-11N/A-52N/A
3/31/2018N/A-71N/A-46N/A
12/31/2017N/A-65N/A-43N/A
9/30/2017N/A-59N/A-27N/A
6/30/2017N/A-48N/A-24N/A
3/31/2017N/A-24N/A-23N/A
12/31/2016N/A-27N/A-24N/A
9/30/2016N/A-34N/A-38N/A
6/30/2016N/A-37N/A-38N/A
3/31/2016N/A-36N/A-36N/A
12/31/2015N/A-34N/A-38N/A
9/30/2015N/A-31N/A-28N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if NDM's forecast earnings growth is above the savings rate (3%).

Earnings vs Market: Insufficient data to determine if NDM's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if NDM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if NDM's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: NDM is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NDM's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 11:38
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Northern Dynasty Minerals Ltd. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander Robert PearceBMO Capital Markets Equity Research
Eric ZaunscherbCanaccord Genuity
Tom MeyerCIBC Capital Markets