Northern Dynasty Minerals Shares Plummet 38%

Is it time for investors to sell their stake in the mining company?

Published on Feb. 24, 2026

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Shares of Northern Dynasty Minerals Ltd. (TSE:NDM), a mineral exploration and development company based in Vancouver, Canada, dropped 38% during trading on Thursday. The company's stock traded as low as C$1.52 and closed at C$1.71, with approximately 5.6 million shares changing hands - a 242% increase from the average daily volume.

Why it matters

The significant drop in Northern Dynasty's stock price raises questions about the company's financial health and the viability of its principal asset, the Pebble deposit project in Alaska. Investors will be closely watching to see if this is a temporary dip or the start of a longer-term decline.

The details

Northern Dynasty Minerals owns a 100% interest in the Pebble deposit, a large copper-gold-molybdenum-silver resource located in southwest Alaska. The company has faced ongoing challenges and regulatory hurdles in developing the Pebble Project, which has contributed to the volatility in its stock price.

  • Northern Dynasty Minerals' stock dropped 38% during trading on Thursday, February 19, 2026.

The players

Northern Dynasty Minerals Ltd.

A mineral exploration and development company based in Vancouver, Canada, with a 100% interest in the Pebble deposit project in Alaska.

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The takeaway

The sharp decline in Northern Dynasty Minerals' stock price highlights the ongoing challenges the company faces in developing the Pebble Project and the uncertainty surrounding the future of the company. Investors will be closely monitoring the situation to determine if this is a temporary setback or a sign of more trouble ahead.