Companies: 10,795·Total market cap: $144.5T
Northern Dynasty Minerals Ltd.

Northern Dynasty Minerals Ltd.

NAKAMEXBasic Materials● Active
$1.91
$-0.32(-14.35%)
Market Cap$1.1B
P/E Ratio
52W High$2.98
52W Low$0.73

Northern Dynasty Minerals Ltd. (NAK) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

NAK · shares outstanding · updated Jun 8, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
550.0M +2.26% YoY Change
FY · as of Dec 31, 2025 · Reported in CAD
vs 537.9M in FY 2024
Diluted Shares Outstanding
550.0M
incl. options, RSUs, convertibles
Dilution Spread
+0.00%
Diluted vs Basic
YoY Change
+2.26%
year-over-year
Float (Free Float)
550.0M
publicly tradable shares
98.2% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-08

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+1.3%
2022 → 2025
5-Year CAGRincreasing
+3.0%
2020 → 2025
10-Year CAGRincreasing
+14.2%
2015 → 2025

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 550.0M
550.0M
+2.26%
FY 2024
Diluted Shares: 537.9M
537.9M
+1.43%
FY 2023
Diluted Shares: 530.3M
530.3M
+0.09%
FY 2022
Diluted Shares: 529.8M
529.8M
+1.60%
FY 2021
Diluted Shares: 521.5M
521.5M
+10.09%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Basic Materials sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Basic Materials sector.

#SymbolCompanyShares (Basic)vs NAK
#1
BHP Group LimitedBHP
BHP Group Limited
2.537B+361.2%
#2
Rio Tinto GroupRIO
Rio Tinto Group
1.624B+195.3%
#3
Freeport-McMoRan Inc.FCX
Freeport-McMoRan Inc.
1.443B+162.4%
#4
Newmont CorporationNEM
Newmont Corporation
1.106B+101.1%
#5
Southern Copper CorporationSCCO
Southern Copper Corporation
838.2M+52.4%
#6
Northern Dynasty Minerals Ltd.NAK
Northern Dynasty Minerals Ltd.YOU
550.0M
#7
Linde plcLIN
Linde plc
466.2M-15.2%

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Northern Dynasty Minerals Ltd. (NAK) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Northern Dynasty Minerals Ltd. reports 550.0M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Northern Dynasty Minerals Ltd.'s basic shares outstanding (550.0M) represents currently issued shares. Diluted shares outstanding (550.0M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +0.00%.

Shares Outstanding vs. Float (Free Float)

Northern Dynasty Minerals Ltd.'s float is 550.0M (98.2% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float550.0M(98.2%)
Outstanding560.3M

Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · CAD

About shares outstanding & methodology

Northern Dynasty Minerals Ltd. (NAK) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Northern Dynasty Minerals Ltd. shares outstanding for the fiscal year ending December 31, 2025 were 550.0M, a 2.26% increase year-over-year. Northern Dynasty Minerals Ltd. FY 2025 shares outstanding were 550.0M, a +2.26% increase from FY 2024.

Northern Dynasty Minerals Ltd. is a leading company operating in the Basic Materials sector. The company's share count trajectory — with a 10-year CAGR of +14.2% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.

Frequently asked questions

NAK shares outstanding · 4 questions

As of December 31, 2025, Northern Dynasty Minerals Ltd. (NAK) has approximately 550.0M basic shares outstanding and 550.0M diluted shares outstanding. This represents a +2.26% year-over-year increase from FY 2024 (537.9M). The increase may reflect equity compensation issuances or secondary offerings.

NAK shares outstandinghow many shares does NAK haveNAK basic shares 2025NAK diluted shares

Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Northern Dynasty Minerals Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-08