NORTHERN DYNASTY MINERALS LT

Ticker: NAK CUSIP: 66510M204 Class: Equities

Cambridge Investment Research Advisors, Inc.'s Holding History (CIK: 0001419186)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 537,657 Value ($000) $1 Avg Close $1.93 Range $1.13 - $2.98

Q3 2025

Shares 643,598 Value ($000) $1 Avg Close $1.07 Range $0.73 - $2.40

Q2 2025

Shares 351,798 Value ($000) $0 Avg Close $1.12 Range $0.79 - $1.59

Q1 2025

Shares 396,295 Value ($000) $0 Avg Close $0.73 Range $0.55 - $1.29

Q4 2024

Shares 396,045 Value ($000) $0 Avg Close $0.45 Range $0.30 - $0.58

Q3 2024

Shares 399,660 Value ($000) $0 Avg Close $0.35 Range $0.29 - $0.42

Q2 2024

Shares 123,060 Value ($000) $0 Avg Close $0.30 Range $0.27 - $0.37

Q1 2024

Shares 119,060 Value ($000) $0 Avg Close $0.28 Range $0.23 - $0.42

Q4 2023

Shares 87,060 Value ($000) $0 Avg Close $0.33 Range $0.29 - $0.41

Q3 2023

Shares 92,060 Value ($000) $0 Avg Close $0.28 Range $0.23 - $0.43

Q2 2023

Shares 98,160 Value ($000) $0 Avg Close $0.23 Range $0.21 - $0.29

Q1 2023

Shares 97,160 Value ($000) $0 Avg Close $0.23 Range $0.21 - $0.27

Q4 2022

Shares 72,160 Value ($000) $0 Avg Close $0.24 Range $0.21 - $0.28

Q3 2022

Shares 74,160 Value ($000) $18 Avg Close $0.28 Range $0.23 - $0.36

Q2 2022

Shares 38,100 Value ($000) $10 Avg Close $0.33 Range $0.25 - $0.46

Q1 2022

Shares 33,100 Value ($000) $14 Avg Close $0.35 Range $0.29 - $0.51

Q4 2021

Shares 33,100 Value ($000) $11 Avg Close $0.40 Range $0.32 - $0.54

Q3 2021

Shares 33,100 Value ($000) $15 Avg Close $0.44 Range $0.37 - $0.62

Q2 2021

Shares 33,100 Value ($000) $16 Avg Close $0.56 Range $0.47 - $0.70

Q1 2021

Shares 15,100 Value ($000) $10 Avg Close $0.65 Range $0.32 - $1.15

Q4 2020

Shares 10,000 Value ($000) $3 Avg Close $0.72 Range $0.31 - $1.26

Q3 2020

Shares 25,000 Value ($000) $25 Avg Close $1.37 Range $0.58 - $2.49

Q2 2020

Shares 15,000 Value ($000) $21 Avg Close $0.93 Range $0.38 - $1.53

Q1 2020

Shares 15,000 Value ($000) $6 Avg Close $0.47 Range $0.35 - $0.71

Q4 2019

Shares 15,000 Value ($000) $6 Avg Close $0.52 Range $0.38 - $0.66

Q3 2019

Shares 15,000 Value ($000) $9 Avg Close $0.64 Range $0.46 - $0.95

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	537,657	$1	$1.93	$1.13 - $2.98
Q3 2025	643,598	$1	$1.07	$0.73 - $2.40
Q2 2025	351,798	$0	$1.12	$0.79 - $1.59
Q1 2025	396,295	$0	$0.73	$0.55 - $1.29
Q4 2024	396,045	$0	$0.45	$0.30 - $0.58
Q3 2024	399,660	$0	$0.35	$0.29 - $0.42
Q2 2024	123,060	$0	$0.30	$0.27 - $0.37
Q1 2024	119,060	$0	$0.28	$0.23 - $0.42
Q4 2023	87,060	$0	$0.33	$0.29 - $0.41
Q3 2023	92,060	$0	$0.28	$0.23 - $0.43
Q2 2023	98,160	$0	$0.23	$0.21 - $0.29
Q1 2023	97,160	$0	$0.23	$0.21 - $0.27
Q4 2022	72,160	$0	$0.24	$0.21 - $0.28
Q3 2022	74,160	$18	$0.28	$0.23 - $0.36
Q2 2022	38,100	$10	$0.33	$0.25 - $0.46
Q1 2022	33,100	$14	$0.35	$0.29 - $0.51
Q4 2021	33,100	$11	$0.40	$0.32 - $0.54
Q3 2021	33,100	$15	$0.44	$0.37 - $0.62
Q2 2021	33,100	$16	$0.56	$0.47 - $0.70
Q1 2021	15,100	$10	$0.65	$0.32 - $1.15
Q4 2020	10,000	$3	$0.72	$0.31 - $1.26
Q3 2020	25,000	$25	$1.37	$0.58 - $2.49
Q2 2020	15,000	$21	$0.93	$0.38 - $1.53
Q1 2020	15,000	$6	$0.47	$0.35 - $0.71
Q4 2019	15,000	$6	$0.52	$0.38 - $0.66
Q3 2019	15,000	$9	$0.64	$0.46 - $0.95