NORTHERN DYNASTY MINERALS LTD (NAK) - Dilution Analysis

Visualizing historical and potential share dilution over time

View Stock Details

Chase Ink Business Preferred®

Earn Up to 150K Bonus Points

Transfer points to 14+ airline & hotel partners. Up to 40% upgrade value on first class travel. $95/yr.

Apply Now

Dilution Analysis

Low Risk

Limited dilution potential

Last updated: March 31, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares

Recent Dilution: 3.84% (2 years)

Historical Dilution Factor: minimal recent dilution

Outstanding Shares

560M

Potential Supply

Additional shares possible

Splits

None

Past 2 years

Summary

NAK currently has 558M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 3.84% over the past 2 years.

Share Structure Timeline

Outstanding Shares

Total Supply

Historical Data Points

Date	Event	Outstanding
Mar 31, 2026	40-F filing \| 558.5M shares outstanding	560M
Jun 23, 2025	F-10 filing: This F-10 filing describes a shelf offering by a Canadian issuer for various securities, including Common Shares, Warrants, Subscription Receipts, Debt Securities, and Units, with specific terms to be detailed in future Prospectus Supplements.	540M
Mar 28, 2025	40-F filing \| 537.8M shares outstanding	540M
Apr 03, 2023	40-F filing \| 529.8M shares outstanding	530M
Apr 04, 2022	40-F filing \| 529.8M shares outstanding	530M
Apr 01, 2021	40-F filing \| 509.0M shares outstanding	510M
Jun 04, 2020	F-10 filing: This is an F-10 filing for a Canadian issuer to register securities for sale in the United States under the MJDS system, covering common shares, warrants, subscription receipts, debt securities and units.	420M
Mar 31, 2020	40-F filing \| 422.9M shares outstanding	420M

Back to NAK Details