Northern Dynasty Minerals (NAK) Research & Development (2009 - 2026)
Northern Dynasty Minerals' Research & Development was $1.32 million in the quarter ended Jun 30, 2026, up 45.0% from $910,079 a year earlier but down 36.8% from the prior quarter.
Northern Dynasty Minerals (NAK) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northern Dynasty Minerals' Research & Development was $6.36 million through Jun 30, 2026, up 42.1% year-over-year; for the year ended Dec 31, 2025, it came in at $5.29 million, up 28.1% from the prior year.
- In earlier years, Research & Development was $4.13 million in the year ended Dec 31, 2024 (-28.0%), $5.73 million in the year ended Dec 31, 2023 (-19.6%), $7.13 million in the year ended Dec 31, 2022 (+146.1%) and $2.9 million in the year ended Dec 31, 2021.
- Quarterly Research & Development has moved between $664,607 (the quarter ended Jun 30, 2024) and $2.31 million (the quarter ended Sep 30, 2021) over five years.
- Compared with a year earlier, Research & Development has increased for six straight quarters, with growth averaging 24.0% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Sep 30, 2025 (growth of 84.4%); the worst was the quarter ended Sep 30, 2021 (a decline of 78.7%).
- Per Business Quant data, NAK's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $2.09 million (quarter ended Mar 31, 2026), $1.69 million (quarter ended Dec 31, 2025) and $1.26 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | - |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 15.70 Mn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 58.00 Mn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | - |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 77.12 Mn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 55.00 Mn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 126.00 Mn |
| 10 | Northern Dynasty Minerals | 344.36 Mn | 197.20 Mn | - | 1.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Mn |
| Mar 31, 2026 | 2.09 Mn |
| Dec 31, 2025 | 1.69 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Jun 30, 2025 | 910,079.46 |
| Mar 31, 2025 | 1.42 Mn |
| Dec 31, 2024 | 1.46 Mn |
| Sep 30, 2024 | 683,205.78 |
| Jun 30, 2024 | 664,606.76 |
| Mar 31, 2024 | 1.31 Mn |
| Dec 31, 2023 | 1.51 Mn |
| Sep 30, 2023 | 1.18 Mn |
| Jun 30, 2023 | 1.35 Mn |
| Mar 31, 2023 | 1.68 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Sep 30, 2022 | 1.41 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 1.82 Mn |
| Dec 31, 2021 | 2.90 Mn |
| Sep 30, 2021 | 2.31 Mn |
Northern Dynasty Minerals Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NAK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NAK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();