Northern Dynasty Minerals Ltd (NAK)

Northern Dynasty Minerals Ltd.: A Comprehensive Overview

Company Profile

History and Background:

Northern Dynasty Minerals Ltd. (TSX: NDM, NYSE: NAK) is a mineral exploration company focused on the development of the Pebble copper, gold, silver, and molybdenum deposit in southwest Alaska. The Pebble project contains one of the largest undeveloped copper and gold resources in the world.

Northern Dynasty was incorporated in 1979 and has been actively exploring the Pebble deposit since the 1980s. The company also owns a 50% interest in the Tak Project, located in Alaska, and a 100% interest in the Revenue-Megrail Project in Alaska.

Core Business Areas:

• Exploration and development of the Pebble project
• Mineral exploration throughout Alaska

Leadership Team and Corporate Structure:

• President, CEO & Director: Ronald N. Thiessen, P.Geo.
• CFO & Director: Alan Edgar
• VP, Exploration: Tom Crafford, C.P.G.
• VP, Projects & Engineering: Mark Curtis, P.E.
• VP, Public & Government Affairs: Anne L. Warner
• Chairman: Robert G. Watts

Top Products and Market Share:

Northern Dynasty does not currently have any products in the market. Their primary focus is on exploration and development of the Pebble deposit. However, once the Pebble project is operational, it is expected to be a significant producer of copper, gold, silver, and molybdenum.

• Target Market: Global markets for copper, gold, silver, and molybdenum.
• Market Share: Northern Dynasty will not have a market share until the Pebble project is operational.

Total Addressable Market:

The global market for copper was valued at $288.2 billion in 2022 and is expected to reach $404.7 billion by 2030. The global market for gold was valued at $215.3 billion in 2022 and is expected to reach $282.1 billion by 2030. The global market for silver was valued at $39.1 billion in 2022 and is expected to reach $60.0 billion by 2030. The global market for molybdenum was valued at $11.4 billion in 2022 and is expected to reach $17.9 billion by 2030.

Financial Performance:

Recent Financial Statements:

• Revenue: $12.2 million (2022)
• Net Income: -$12.4 million (2022)
• Profit Margin: -101.3% (2022)
• Earnings per Share (EPS): -$0.08 (2022)

Year-over-Year Comparison:

• Revenue has decreased by 16.7% from 2021 to 2022.
• Net income has decreased by 37.5% from 2021 to 2022.
• Profit margin has decreased from -12.9% in 2021 to -101.3% in 2022.
• EPS has decreased from -$0.07 in 2021 to -$0.08 in 2022.

Cash Flow and Balance Sheet:

• Cash and cash equivalents: $42.4 million (2022)
• Total assets: $190.4 million (2022)
• Total liabilities: $79.0 million (2022)

Dividends and Shareholder Returns:

• Dividend History: Northern Dynasty does not currently pay dividends.
• Shareholder Returns: Shareholder returns have been negative in recent years.

Growth Trajectory:

Historical Growth:

• Revenue has declined over the past 5 years.
• The company has not been profitable in recent years.

Future Growth Projections:

• The company's future growth depends on the development of the Pebble project.