NYSEAMERICAN : NG
NovaGold Resources Inc. — Financial statements
Materials · Gold · Canada
Last price 5.845 USD (Oct 30, 2026, 10:29 AM EDT) · Market cap 2.57B
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Financial statements
Income statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Selling, General & Admin | 38.12M | 25.36M | 24.91M | 21.77M | 20.10M | 20.20M |
| Operating Expenses | 38.14M | 25.38M | 24.94M | 21.78M | 20.11M | 20.21M |
| Operating Income | -38.14M | -25.38M | -24.94M | -21.78M | -20.11M | -20.21M |
| Interest Expense | -14.88M | -14.77M | -14.77M | -13.06M | -7.96M | -5.92M |
| Interest & Investment Income | 10.75M | 5.11M | 5.38M | 5.79M | 1.59M | 458.00K |
| Earnings From Equity Investments | -52.75M | -21.91M | -12.92M | -18.53M | -28.16M | -16.62M |
| Currency Exchange Gain (Loss) | -11.00K | -132.00K | 516.00K | -43.00K | 595.00K | -336.00K |
| Other Non Operating Income (Expenses) | 39.61M | 19.00K | -339.00K | 38.00K | 483.00K | 1.62M |
| EBT Excluding Unusual Items | -55.42M | -57.06M | -47.08M | -47.59M | -53.56M | -41.02M |
| Gain (Loss) on Sale of Investments | 2.44M | 2.01M | 1.44M | 269.00K | 189.00K | 418.00K |
| Gain (Loss) on Sale of Assets | 743.00K | 556.00K | 200.00K | |||
| Other Unusual Items | -39.61M | -39.61M | ||||
| Pretax Income | -92.59M | -94.66M | -44.90M | -46.76M | -53.38M | -40.40M |
| Income Tax Expense | 724.00K | 39.00K | -33.00K | 137.00K | ||
| Earnings From Continuing Operations | -92.59M | -94.66M | -45.62M | -46.80M | -53.34M | -40.54M |
| Net Income | -92.59M | -94.66M | -45.62M | -46.80M | -53.34M | -40.54M |
| Net Income to Common | -92.59M | -94.66M | -45.62M | -46.80M | -53.34M | -40.54M |
| Shares Outstanding (Basic) | 424.96M | 374.70M | 334.46M | 334.06M | 333.24M | 331.55M |
| Shares Outstanding (Diluted) | 424.96M | 374.70M | 334.46M | 334.06M | 333.24M | 331.55M |
| EPS (Basic) | -0.22 | -0.25 | -0.14 | -0.14 | -0.16 | -0.12 |
| EPS (Diluted) | -0.22 | -0.25 | -0.14 | -0.14 | -0.16 | -0.12 |
| EBITDA | -38.12M | -25.36M | -24.91M | -21.77M | -20.10M | -20.20M |
| D&A For EBITDA | 22.00K | 22.00K | 22.00K | 10.00K | 7.00K | 7.00K |
| EBIT | -38.14M | -25.38M | -24.94M | -21.78M | -20.11M | -20.21M |
Balance sheet
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 146.39M | 110.14M | 42.22M | 45.75M | 63.88M | 91.12M |
| Short-Term Investments | 197.00M | 5.00M | 59.00M | 80.00M | 62.00M | 78.00M |
| Cash & Short-Term Investments | 343.39M | 115.14M | 101.22M | 125.75M | 125.88M | 169.12M |
| Other Receivables | 5.16M | 1.31M | 323.00K | 345.00K | 937.00K | 302.00K |
| Receivables | 5.16M | 1.31M | 323.00K | 345.00K | 25.36M | 302.00K |
| Prepaid Expenses | 1.23M | 1.04M | 1.21M | 1.12M | 1.30M | 25.00K |
| Total Current Assets | 349.77M | 117.49M | 102.75M | 127.22M | 152.54M | 169.45M |
| Property, Plant & Equipment | 663.00K | 818.00K | 1.01M | 898.00K | 958.00K | 423.00K |
| Long-Term Investments | 222.85M | 217.61M | 5.98M | 5.17M | 5.69M | 5.41M |
| Total Assets | 573.29M | 335.91M | 109.75M | 133.29M | 159.19M | 198.85M |
| Accounts Payable | 5.26M | 1.98M | 1.37M | 703.00K | 769.00K | 682.00K |
| Accrued Expenses | 2.32M | 2.66M | 2.48M | 2.80M | 2.53M | 2.64M |
| Current Portion of Leases | 192.00K | 177.00K | 169.00K | 192.00K | 142.00K | 224.00K |
| Current Income Taxes Payable | 220.00K | |||||
| Other Current Liabilities | 87.00K | 124.00K | 244.00K | 212.00K | 1.16M | 840.00K |
| Total Current Liabilities | 7.86M | 4.94M | 4.49M | 3.91M | 4.60M | 4.38M |
| Long-Term Debt | 177.51M | 166.30M | 151.52M | 136.75M | 123.69M | 115.72M |
| Long-Term Leases | 441.00K | 585.00K | 761.00K | 609.00K | 802.00K | 184.00K |
| Other Long-Term Liabilities | 225.00K | 300.00K | 400.00K | 250.00K | 200.00K | 280.00K |
| Total Liabilities | 186.03M | 172.12M | 157.17M | 141.51M | 129.29M | 120.57M |
| Common Stock | 2.55B | 2.25B | 1.99B | 1.99B | 1.98B | 1.98B |
| Additional Paid-In Capital | 140.10M | 136.69M | 93.38M | 88.62M | 82.87M | 82.22M |
| Retained Earnings | -2.28B | -2.20B | -2.10B | -2.06B | -2.01B | -1.96B |
| Comprehensive Income & Other | -25.05M | -25.05M | -25.11M | -24.47M | -24.42M | -23.29M |
| Shareholders' Equity | 387.25M | 163.79M | -47.42M | -8.22M | 29.90M | 78.28M |
| Total Liabilities & Equity | 573.29M | 335.91M | 109.75M | 133.29M | 159.19M | 198.85M |
| Total Debt | 178.14M | 167.06M | 152.45M | 137.55M | 124.63M | 116.13M |
| Net Cash (Debt) | 165.25M | -47.51M | -47.84M | -9.70M | 3.10M | 54.82M |
| Net Cash Per Share | 0.39 | -0.13 | -0.14 | -0.03 | 0.01 | 0.17 |
| Filing Date Shares Outstanding | 438.82M | 406.99M | 334.65M | 334.37M | 333.97M | 332.92M |
| Total Common Shares Outstanding | 438.81M | 406.93M | 334.60M | 334.25M | 333.75M | 332.42M |
| Working Capital | 341.91M | 112.55M | 98.27M | 123.31M | 147.94M | 165.07M |
| Book Value Per Share | 0.88 | 0.40 | -0.14 | -0.02 | 0.09 | 0.24 |
| Tangible Book Value | 387.25M | 163.79M | -47.42M | -8.22M | 29.90M | 78.28M |
| Tangible Book Value Per Share | 0.88 | 0.40 | -0.14 | -0.02 | 0.09 | 0.24 |
Cash flow statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -92.59M | -94.66M | -45.62M | -46.80M | -53.34M | -40.54M |
| Depreciation & Amortization | 22.00K | 22.00K | 22.00K | 10.00K | 7.00K | 7.00K |
| Loss (Gain) From Sale of Assets | -743.00K | -556.00K | -200.00K | |||
| Loss (Gain) From Sale of Investments | -2.44M | -2.01M | -1.44M | -269.00K | -189.00K | -418.00K |
| Loss (Gain) on Equity Investments | 52.75M | 21.91M | 12.92M | 18.53M | 28.16M | 16.62M |
| Stock-Based Compensation | 8.73M | 6.70M | 7.24M | 8.73M | 8.21M | 8.23M |
| Other Operating Activities | 14.88M | 54.51M | 14.61M | 13.11M | 6.83M | 4.64M |
| Change in Accounts Payable | 3.04M | 610.00K | 708.00K | -62.00K | 128.00K | -240.00K |
| Change in Income Taxes | -220.00K | 226.00K | ||||
| Change in Other Net Operating Assets | -5.36M | -889.00K | -566.00K | -473.00K | -2.18M | 2.02M |
| Operating Cash Flow | -20.96M | -14.03M | -12.64M | -7.79M | -12.37M | -9.86M |
| Sale of Property, Plant & Equipment | 743.00K | 556.00K | 200.00K | |||
| Investment in Securities | -184.79M | -177.56M | 8.61M | -35.75M | -12.44M | -34.81M |
| Other Investing Activities | 24.87M | 73.00K | 75.00M | |||
| Investing Cash Flow | -184.79M | -177.56M | 9.36M | -10.33M | -12.36M | 40.39M |
| Issuance of Common Stock | 310.20M | 270.75M | ||||
| Repurchase of Common Stock | -81.00K | -174.00K | -2.12M | -731.00K | ||
| Other Financing Activities | -16.20M | -11.17M | ||||
| Financing Cash Flow | 294.00M | 259.50M | -174.00K | -2.12M | -731.00K | |
| Foreign Exchange Rate Adjustments | -35.00K | 7.00K | -64.00K | -19.00K | -387.00K | 420.00K |
| Net Cash Flow | 88.22M | 67.92M | -3.52M | -18.13M | -27.24M | 30.22M |
| Levered Free Cash Flow | -26.62M | -18.75M | -17.02M | 11.41M | -35.35M | 66.92M |
| Unlevered Free Cash Flow | -17.32M | -9.51M | -7.78M | 19.57M | -30.38M | 70.62M |
| Cash Income Tax Paid | 223.00K | 645.00K | -250.00K | -17.00K | 142.00K | |
| Change in Working Capital | -2.32M | -499.00K | 368.00K | -535.00K | -2.06M | 1.78M |
Ratios
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.58B | 4.16B | 1.23B | 1.39B | 1.91B | 2.24B |
| Enterprise Value | 2.42B | 4.19B | 1.27B | 1.40B | 1.90B | 2.19B |
| Last Close Price | 5.88 | 10.19 | 3.66 | 4.20 | 5.77 | 6.75 |
| PB Ratio | 6.67 | 25.39 | -25.94 | -169.47 | 63.83 | 28.68 |
| P/TBV Ratio | 6.67 | 25.39 | 63.83 | 28.68 | ||
| Debt / Equity Ratio | 0.46 | 1.02 | -3.21 | -16.73 | 4.17 | 1.48 |
| Net Debt / Equity Ratio | -0.43 | 0.29 | -1.01 | -1.18 | -0.10 | -0.70 |
| Net Debt / EBITDA Ratio | 4.33 | -1.87 | -1.92 | -0.45 | 0.15 | 2.71 |
| Quick Ratio | 44.35 | 23.58 | 22.64 | 32.28 | 27.57 | 38.66 |
| Current Ratio | 44.51 | 23.79 | 22.91 | 32.57 | 33.17 | 38.66 |
| Return on Equity (ROE) | -32.81% | -162.67% | -431.76% | -98.61% | -42.89% | |
| Return on Assets (ROA) | -5.19% | -7.12% | -12.83% | -9.31% | -7.02% | -5.97% |
| Return on Capital Employed (ROCE) | -6.70% | -7.70% | -23.70% | -16.80% | -13.00% | -10.40% |
| Earnings Yield | -3.68% | -2.28% | -3.71% | -3.36% | -2.79% | -1.81% |
| Buyback Yield / Dilution | -19.16% | -12.03% | -0.12% | -0.25% | -0.51% | -0.69% |