Novagold Resources Inc. | Mid-cap | Basic Materials
$5.95
0.51%
| Novagold Resources Stock Comparison:
Novagold Resources vs NewmontNovagold Resources vs Agnico Eagle MinesNovagold Resources vs Coeur MiningNovagold Resources vs Equinox GoldNovagold Resources vs Osisko GoldNovagold Resources vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: May 2025

Income Metrics

Revenue 0
Gross Profit -5.0K
Operating Income -5.8M
Net Income -54.3M
EPS (Diluted) $-0.15

Balance Sheet Metrics

Total Assets 329.3M
Total Liabilities 164.0M
Shareholders Equity 165.3M
Debt to Equity 0.99

Cash Flow Metrics

Operating Cash Flow -48.7M
Free Cash Flow -1.6M

Revenue & Profitability Trend

Novagold Resources Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i00000
Cost of Goods Sold i22.0K10.0K7.0K7.0K7.0K
Gross Profit i-22.0K-10.0K-7.0K-7.0K-7.0K
Gross Margin % i0.0%0.0%0.0%0.0%0.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i24.9M21.8M20.1M20.2M18.7M
Other Operating Expenses i339.0K-38.0K-483.0K-2.6M-3.3M
Total Operating Expenses i25.3M21.7M19.6M17.6M15.4M
Operating Income i-25.3M-21.7M-19.6M-17.7M-15.4M
Operating Margin % i0.0%0.0%0.0%0.0%0.0%
Non-Operating Items
Interest Income i5.4M5.8M1.6M458.0K1.7M
Interest Expense i14.8M13.1M8.0M5.9M6.0M
Other Non-Operating Income-10.2M-17.7M-27.4M-17.3M-14.7M
Pre-tax Income i-44.9M-46.8M-53.4M-40.4M-34.3M
Income Tax i724.0K39.0K-33.0K137.0K-781.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-45.6M-46.8M-53.3M-40.5M-33.6M
Net Margin % i0.0%0.0%0.0%0.0%0.0%
Key Metrics
EBITDA i-32.8M-34.5M-46.2M-33.8M-28.2M
EPS (Basic) i$-0.14$-0.14$-0.16$-0.12$-0.10
EPS (Diluted) i$-0.14$-0.14$-0.16$-0.12$-0.10
Basic Shares Outstanding i334458000334057000333236000331546000329269000
Diluted Shares Outstanding i334458000334057000333236000331546000329269000

Income Statement Trend

Novagold Resources Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i42.2M45.7M63.9M91.1M60.9M
Short-term Investments i59.0M80.0M62.0M78.0M61.0M
Accounts Receivable i22.0K43.0K301.0K302.0K577.0K
Inventory i-----
Other Current Assets-----
Total Current Assets i102.8M127.2M152.5M169.5M196.4M
Non-Current Assets
Property, Plant & Equipment i896.0K757.0K939.0K396.0K600.0K
Goodwill i-----
Intangible Assets i-----
Long-term Investments-----
Other Non-Current Assets-----
Total Non-Current Assets i7.0M6.1M6.7M29.4M28.1M
Total Assets i109.8M133.3M159.2M198.9M224.4M
Liabilities
Current Liabilities
Accounts Payable i1.4M703.0K769.0K682.0K900.0K
Short-term Debt i169.0K192.0K142.0K224.0K207.0K
Current Portion of Long-term Debt-----
Other Current Liabilities----182.0K
Total Current Liabilities i4.5M3.9M4.6M4.4M3.5M
Non-Current Liabilities
Long-term Debt i152.3M137.4M124.5M115.9M110.2M
Deferred Tax Liabilities i----0
Other Non-Current Liabilities-----
Total Non-Current Liabilities i152.7M137.6M124.7M116.2M110.2M
Total Liabilities i157.2M141.5M129.3M120.6M113.7M
Equity
Common Stock i2.0B2.0B2.0B2.0B2.0B
Retained Earnings i-2.1B-2.1B-2.0B-2.0B-1.9B
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i-47.4M-8.2M29.9M78.3M110.7M
Key Metrics
Total Debt i152.5M137.5M124.6M116.1M110.4M
Working Capital i98.3M123.3M147.9M165.1M192.9M

Balance Sheet Composition

Novagold Resources Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-45.6M-46.8M-53.3M-40.5M-33.6M
Depreciation & Amortization i---938.0K0
Stock-Based Compensation i7.2M8.7M8.2M8.2M7.1M
Working Capital Changes i451.0K-803.0K-2.0M1.4M-202.0K
Operating Cash Flow i-22.8M-25.8M-39.7M-25.7M-24.8M
Investing Activities
Capital Expenditures i743.0K556.0K0200.0K0
Acquisitions i-12.4M-17.8M-28.4M-17.6M-15.3M
Investment Purchases i-119.0M-166.0M-132.0M-158.8M-61.0M
Investment Sales i140.0M148.0M148.0M141.6M81.0M
Investing Cash Flow i9.4M-10.3M-12.4M40.4M4.7M
Financing Activities
Share Repurchases i-----
Dividends Paid i-----
Debt Issuance i-----
Debt Repayment i-----
Financing Cash Flow i-174.0K--2.1M-731.0K-1.7M
Free Cash Flow i-12.6M-7.8M-12.4M-9.9M-10.0M
Net Change in Cash i-13.6M-36.1M-54.1M14.0M-21.7M

Cash Flow Trend

Novagold Resources Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -42.93
Forward P/E -75.13
Price to Book 14.55
PEG Ratio -0.16

Profitability Ratios

Profit Margin 0.00%
Operating Margin 0.00%
Return on Equity -123.35%
Return on Assets -6.01%

Financial Health

Current Ratio 76.72
Debt to Equity 96.60
Beta 0.98

Per Share Data

EPS (TTM) $-0.26
Book Value per Share $0.41
Revenue per Share $0.00

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
ng2.4B-42.9314.55-123.35%0.00%96.60
Newmont 74.0B12.212.3120.29%30.50%23.56
Agnico Eagle Mines 67.0B22.682.9713.92%30.63%3.26
Coeur Mining 7.5B29.222.669.88%13.06%13.94
Equinox Gold 6.0B11.011.13-0.54%-1.21%39.43
Osisko Gold 5.3B164.244.302.51%15.29%6.59

Financial data is updated regularly. All figures are in the company's reporting currency.