Northern Dynasty Minerals (NAK) Assets (2009 - 2026)

As of Dec 31, 2025, Northern Dynasty Minerals reported Assets of $86.59 million, down 13.6% from the prior year.

• Annual Assets has declined for five straight years, with a five-year compound annual growth rate of -8.5% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Assets came in at $100.18 million in the year ended Dec 31, 2024 (-6.0%), $106.62 million in the year ended Dec 31, 2023 (-4.5%), $111.7 million in the year ended Dec 31, 2022 (-11.6%) and $126.36 million in the year ended Dec 31, 2021 (-6.2%).
• Quarterly Assets has ranged from $86.76 million in the quarter ended Dec 31, 2025 to $131.95 million in the quarter ended Sep 30, 2021 over the past five years.
• On a year-over-year basis, Assets has declined for nine consecutive quarters, with an average decline of 7.5% over the last eight quarters.
• Peak year-over-year performance for Assets in the last five years was growth of 2.5% in the quarter ended Mar 31, 2024, against a decline of 18.5% in the quarter ended Sep 30, 2023 at the low end.
• Per Business Quant, the preceding three quarters came in at $86.8 million (quarter ended Mar 31, 2026), $86.76 million (quarter ended Dec 31, 2025) and $92.5 million (quarter ended Sep 30, 2025).