{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/NDM",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Northern Dynasty Minerals Ltd. (TSX: NDM) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nNorthern Dynasty Minerals Ltd. is listed on the TSX under ticker NDM, ISIN CA66510M2040, LEI 529900HEIYP56LE0EJ17. Its security type is Corporate, its segment is not on the record, its sector is Mining, and its jurisdiction is British Columbia (CA-BC). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 1 filing in the twelve months to 2026-11-06, on 1 filing day, and it is a newswire release. The median gap between filing days is not on the record. Days from the latest filing to the record date are 233. The latest filing is dated 2026-03-18 and is a newswire release. The TSX median is 0 filings, a cadence gap of 16 days and a latency of 3.0 days across 2270 issuers. The Mining median is 10.0 filings, a cadence gap of 17.0 days and a latency of 15.0 days across 1414 issuers. The issuer's 1 filing is below the Mining median of 10.0 and above the TSX median of 0.0.\n\n## Auditor\n\nThe auditor of record is not on the record, and no auditor was found, so its location is not on the record. The record carries no auditor changes.\n\n## Events and halts\n\nThe record carries no listing, delisting, name change, domicile change or segment move lines. The halt flag reads listed, not halted.\n\n## Orderability\n\nFor paragraph (o) of the definition, the outcome is determinable and the signal is ACM-200. For paragraph (q) of the definition, the outcome is determinable and the signal is ACM-200. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 5 research houses: H.C. Wainwright & Co., BMO Capital Markets, John Tumazos Very Independent Research, SmithWeekly Research and Very Independent Research.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no sealed years hold the issuer. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://www.marketscreener.com/quote/stock/NORTHERN-DYNASTY-MINERALS-1410974 (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/529900HEIYP56LE0EJ17 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/NDM (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://northerndynastyminerals.com/investors/analyst-coverage/ (coverage)\n- https://mcp.ca-cm-kg.ai/record/TSX/NDM (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "CA",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/NDM",
  "coverage": {
   "count": 5,
   "houses": [
    {
     "analyst": "Heiko Ihle",
     "house": "H.C. Wainwright & Co.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northerndynastyminerals.com/investors/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Mikitchook",
     "house": "BMO Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northerndynastyminerals.com/investors/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "John Tumazos",
     "house": "John Tumazos Very Independent Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northerndynastyminerals.com/investors/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Weekly",
     "house": "SmithWeekly Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northerndynastyminerals.com/investors/analyst-coverage/",
     "state": "sourced"
    },
    {
     "analyst": "John Tumazos",
     "house": "Very Independent Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://northerndynastyminerals.com/investors/analyst-coverage/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://northerndynastyminerals.com/investors/analyst-coverage/",
     "result": "read: 5 of 8 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 1414,
     "median_cadence_gap_days": 17,
     "median_filings": 10,
     "median_latency_days": 15,
     "name": "Mining"
    }
   },
   "by_type": {
    "newswire_release": 1
   },
   "cadence_median_gap_days": null,
   "filing_days": 1,
   "filings": 1,
   "latency_days": 233,
   "latest": [
    {
     "category": null,
     "date": "2026-03-18",
     "source": "https://www.globenewswire.com/news-release/2026/03/18/3258368/0/en/nak-investors-have-opportunity-to-join-northern-dynasty-minerals-ltd-fraud-investigation-with-the-schall-law-firm.html",
     "title": "NAK Investors Have Opportunity to Join Northern Dynasty",
     "type": "newswire_release"
    }
   ],
   "latest_filing_date": "2026-03-18",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/NDM",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "read_by": "Tavily search + regex extraction from page text",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.marketscreener.com/quote/stock/NORTHERN-DYNASTY-MINERALS-1410974",
    "state": "sourced",
    "value": "CA66510M2040"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/529900HEIYP56LE0EJ17",
    "state": "confirmed",
    "value": "British Columbia (CA-BC)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/529900HEIYP56LE0EJ17",
    "state": "filled",
    "value": "529900HEIYP56LE0EJ17"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "Northern Dynasty Minerals Ltd."
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Mining"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "NDM"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:0bf620d3b0f40874a6326a2adb3ff38fdf33ee5e75fb9791c02730c6d14f1a7d",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/NDM",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:0bf620d3b0f40874a6326a2adb3ff38fdf33ee5e75fb9791c02730c6d14f1a7d",
 "path": "/ca/TSX/NDM",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "Northern Dynasty Minerals Ltd. is listed on the TSX under ticker NDM, ISIN CA66510M2040, LEI 529900HEIYP56LE0EJ17. Its security type is Corporate, its segment is not on the record, its sector is Mining, and its jurisdiction is British Columbia (CA-BC). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 1 filing in the twelve months to 2026-11-06, on 1 filing day, and it is a newswire release. The median gap between filing days is not on the record. Days from the latest filing to the record date are 233. The latest filing is dated 2026-03-18 and is a newswire release. The TSX median is 0 filings, a cadence gap of 16 days and a latency of 3.0 days across 2270 issuers. The Mining median is 10.0 filings, a cadence gap of 17.0 days and a latency of 15.0 days across 1414 issuers. The issuer's 1 filing is below the Mining median of 10.0 and above the TSX median of 0.0.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and no auditor was found, so its location is not on the record. The record carries no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record carries no listing, delisting, name change, domicile change or segment move lines. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For paragraph (o) of the definition, the outcome is determinable and the signal is ACM-200. For paragraph (q) of the definition, the outcome is determinable and the signal is ACM-200. The rule version is acm-68000/ca/kyp-know-your-product-ni-31-103/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 5 research houses: H.C. Wainwright & Co., BMO Capital Markets, John Tumazos Very Independent Research, SmithWeekly Research and Very Independent Research.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and no sealed years hold the issuer. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.isin",
   "source": "https://www.marketscreener.com/quote/stock/NORTHERN-DYNASTY-MINERALS-1410974"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/529900HEIYP56LE0EJ17"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/NDM"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://northerndynastyminerals.com/investors/analyst-coverage/"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/NDM"
  }
 ],
 "title": "Northern Dynasty Minerals Ltd. (NDM) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}