Northern Dynasty Minerals Announces Amendment to Share Unit Plan Ahead of AGM

Northern Dynasty Minerals ( (TSE:NDM) ) has issued an announcement.

Northern Dynasty Minerals Ltd. has announced an amendment to its Deferred Share Unit Plan to align with guidelines set by Institutional Shareholder Services Inc. This amendment will be presented for shareholder approval at the upcoming Annual General Meeting on June 19, 2025. The amendment restricts changes to certain sections of the plan without shareholder approval, specifically limiting the value of shares issuable to non-employee directors. This move is significant as it reflects the company’s efforts to adhere to shareholder advisory guidelines, potentially impacting its governance and stakeholder relations.

The most recent analyst rating on (TSE:NDM) stock is a Buy with a C$1.30 price target. To see the full list of analyst forecasts on Northern Dynasty Minerals stock, see the TSE:NDM Stock Forecast page.

Spark’s Take on TSE:NDM Stock

According to Spark, TipRanks’ AI Analyst, TSE:NDM is a Neutral.

Northern Dynasty Minerals faces significant financial challenges with no current revenue and ongoing losses. However, technical indicators show strong upward momentum, and recent positive corporate events could improve future prospects. The negative valuation metrics are a concern, but regulatory support for the Pebble Project could be a catalyst for future growth.

To see Spark’s full report on TSE:NDM stock, click here.

More about Northern Dynasty Minerals

Northern Dynasty Minerals Ltd. is a mineral exploration and development company based in Vancouver, Canada. The company owns a 100% interest in a large block of mineral claims in Southwest Alaska, including the Pebble deposit, through its subsidiary Pebble Limited Partnership.

Average Trading Volume: 1,131,838

Technical Sentiment Signal: Buy

Current Market Cap: C$764.8M

Learn more about NDM stock on TipRanks’ Stock Analysis page.