The WACC of Northern Dynasty Minerals Ltd (NDM.TO) is 9.6%.
| Range | Selected | |
| Cost of equity | 7.30% - 11.80% | 9.55% |
| Tax rate | 25.90% - 26.50% | 26.20% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 7.3% - 11.8% | 9.6% |
| Category | Low | High |
| Long-term bond rate | 3.3% | 3.8% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 0.8 | 1.24 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 7.30% | 11.80% |
| Tax rate | 25.90% | 26.50% |
| Debt/Equity ratio | 0 | 0 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 7.3% | 11.8% |
| Selected WACC | 9.6% | |