As of 2026-01-01, the Relative Valuation of Northern Dynasty Minerals Ltd (NDM.TO) is (3.36) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 2.72 CAD, the upside of Northern Dynasty Minerals Ltd based on Relative Valuation is -223.4%.
The range of the Relative Valuation is (2.70) - (4.10) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 18.0x - 27.4x | 22.5x |
| Forward P/E multiples | 17.8x - 27.5x | 22.3x |
| Fair Price | (2.70) - (4.10) | (3.36) |
| Upside | -199.2% - -250.9% | -223.4% |
| Date | P/E |
| 2025-12-31 | -18.02 |
| 2025-12-30 | -18.15 |
| 2025-12-29 | -18.48 |
| 2025-12-24 | -20.55 |
| 2025-12-23 | -21.09 |
| 2025-12-22 | -21.29 |
| 2025-12-19 | -20.15 |
| 2025-12-18 | -20.02 |
| 2025-12-17 | -19.15 |
| 2025-12-16 | -19.15 |
| 2025-12-15 | -18.82 |
| 2025-12-12 | -19.88 |
| 2025-12-11 | -19.82 |
| 2025-12-10 | -18.22 |
| 2025-12-09 | -18.95 |
| 2025-12-08 | -18.48 |
| 2025-12-05 | -19.02 |
| 2025-12-04 | -19.42 |
| 2025-12-03 | -17.75 |
| 2025-12-02 | -17.22 |
| 2025-12-01 | -17.22 |
| 2025-11-28 | -17.68 |
| 2025-11-27 | -16.68 |
| 2025-11-26 | -16.68 |
| 2025-11-25 | -15.95 |
| 2025-11-24 | -14.68 |
| 2025-11-21 | -13.95 |
| 2025-11-20 | -14.08 |
| 2025-11-19 | -15.28 |
| 2025-11-18 | -14.61 |
| 2025-11-17 | -15.75 |
| 2025-11-14 | -16.08 |
| 2025-11-13 | -16.21 |
| 2025-11-12 | -17.22 |
| 2025-11-11 | -16.82 |
| 2025-11-10 | -16.88 |
| 2025-11-07 | -16.35 |
| 2025-11-06 | -16.28 |
| 2025-11-05 | -16.95 |
| 2025-11-04 | -16.95 |
| 2025-11-03 | -18.95 |
| 2025-10-31 | -18.95 |
| 2025-10-30 | -19.08 |
| 2025-10-29 | -18.82 |
| 2025-10-28 | -18.42 |
| 2025-10-27 | -17.62 |
| 2025-10-24 | -18.95 |
| 2025-10-23 | -17.42 |
| 2025-10-22 | -17.15 |
| 2025-10-21 | -17.95 |