Northern Dynasty Minerals Valuation

Is 0VA3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0VA3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 0VA3's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 0VA3's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0VA3?

Key metric: As 0VA3 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for 0VA3. This is calculated by dividing 0VA3's market cap by their current book value.
What is 0VA3's PB Ratio?
PB Ratio	3.1x
Book	CA$112.43m
Market Cap	CA$349.54m

0VA3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	-22.5x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does 0VA3's PB Ratio compare to its peers?

The above table shows the PB ratio for 0VA3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.8x
CAPD Capital	0.8x	11.0%	UK£164.5m
GFM Griffin Mining	1.2x	-3.8%	UK£260.3m
KMR Kenmare Resources	0.4x	4.3%	UK£321.2m
KP2 Kore Potash	0.9x	n/a	UK£118.2m
0VA3 Northern Dynasty Minerals	3.1x	n/a	CA$349.5m

Price-To-Book vs Peers: 0VA3 is expensive based on its Price-To-Book Ratio (3.1x) compared to the peer average (1.3x).

Price to Book Ratio vs Industry

How does 0VA3's PB Ratio compare vs other companies in the GB Metals and Mining Industry?

11 Companies	Price / Book	Estimated Growth	Market Cap
POG Petropavlovsk	0.08x	12.5%	US$56.91m
GEMD Gem Diamonds	0.1x	1.9%	US$18.23m
RMM Rambler Metals and Mining	0.05x	n/a	US$4.07m
RRR Red Rock Resources	0.1x	n/a	US$2.54m

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: 0VA3 is expensive based on its Price-To-Book Ratio (3.1x) compared to the UK Metals and Mining industry average (1x).

Price to Book Ratio vs Fair Ratio

What is 0VA3's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0VA3 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	3.1x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate 0VA3's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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