Northern Dynasty Minerals Ltd.

NDM.TOTSXBasic Materials● Active

$2.81

+$0.15(+5.64%)

Market Cap$1.6B

P/E Ratio—

52W High$4.19

52W Low$1

Avg Volume1.4M

Open$2.82

Beta0.46

Cash on Hand Financials Revenue

Northern Dynasty Minerals Ltd. (NDM.TO) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

NDM.TO · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$54.7M▲ +239.1% vs prior year

FY · as of Dec 31, 2025 · Reported in CAD

Cash & Cash Equiv. (CCE)

$54.7M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+239.1%

vs prior fiscal year

Latest Quarter

$52.5M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in CAD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$54.7MCash on Hand

Total Debt$3.2MTotal Debt

Net Cash / Net Debt+$51.6MNet Cash Position

Cash vs Debt Ratio

Cash 95%Northern Dynasty Minerals Ltd. cash as % of market cap: 3.48%% · MCap $2BDebt 5%

Northern Dynasty Minerals Ltd. has a net cash position of $51.6M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$54.7M − $3.2M = +$51.6M

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

NDM.TO annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

NDM.TO cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$54.7M+239.1%

Dec 31, 2024FY$16.1M-11.3%

Dec 31, 2023FY$18.2M+28.4%

Dec 31, 2022FY$14.2M-36.4%

Dec 31, 2021FY$22.3M-47.5%

NDM.TO cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Basic Materials Sector Cash Reserves Comparison

NDM.TO vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Southern Copper Corporation

SCCO

$4.91B$142B3.5%

40%

Northern Dynasty Minerals Ltd.YOU

NDM.TO

$54.7M$2B3.5%

Basic Materials sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Northern Dynasty Minerals Ltd. (NDM.TO) cash on hand as of December 31, 2025 is $54.7M, comprising $54.7M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Northern Dynasty Minerals Ltd. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Northern Dynasty Minerals Ltd. cash reserves or cash position.

Northern Dynasty Minerals Ltd. annual cash on hand history shows increased +239.1% in 2025: increased +239.1% in 2025. Northern Dynasty Minerals Ltd. cash reserves in 2025 reflect the company's capital allocation strategy.

Northern Dynasty Minerals Ltd. carries total debt of $3.2M against cash of $54.7M, resulting in a net cash position of +$51.6M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

NDM.TO cash on hand · 5 questions

As of December 31, 2025, Northern Dynasty Minerals Ltd. (NDM.TO) has $54,734,000 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $54,734,000 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $52,494,000. Data sourced from the annual 10-K filing via FMP.

NDM.TO cash on handNDM.TO cash reservesNDM.TO cash 2025how much cash does NDM.TO have

▸ Source: FMP /balance-sheet-statement · US GAAP · Northern Dynasty Minerals Ltd. · Northern Dynasty Minerals Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025