Novagold Resources

NovaGold Resources, Inc. is a mineral exploration company, which engages in the development of the Donlin Gold project in Alaska. The company was founded by Gregory Shawn Johnson, John W. Chisholm, Macisaac G. Angus, Rick van Nieuwenhuyse, and Gerald James McConnell on December 5, 1984 and is headquartered in Salt Lake City, UT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NOVAGold Emphasizes Donlin Gold's Potential Amid Loss

NOVAGold's Q2 2024 earnings call highlighted the ongoing development and potential of the Donlin Gold project, despite a reported net loss. The company is well-positioned financially and continues to progress in its partnerships and regulatory approvals, with significant leadership changes on the horizon.

NOVAGOLD showcases Donlin Gold strength amid financial challenges

NOVAGOLD's Q3 2024 earnings call highlighted the Donlin Gold project's strength as a cornerstone asset with significant gold reserves and strategic partnerships.
Despite a net loss, the company's strong treasury position, robust permitting status, and sustainability initiatives underscore its commitment to responsible mining practices.
Challenges include financial performance improvement, permit updates, and feasibility study alignment with market conditions, while opportunities exist in project advancement and strategic planning.
Overall, NOVAGOLD remains confident in Donlin Gold's potential as a prime investment in the gold markets, positioning itself for future growth and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NovaGold Resources, Inc. is a mineral exploration company. It focuses on its Donlin Gold project in Alaska. The company was founded by Gregory Shawn Johnson, John W. Chisholm, Macisaac G. Angus, Rick van Nieuwenhuyse, and Gerald James McConnell on December 5, 1984 and is headquartered in Salt Lake City, UT.

VANCOUVER, British Columbia, June 15, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2022 second quarter financial results after market close on June 29, 2022. A conference call and video webcast to discuss these results will take place on July 6, 2022, at 8:00 am PT (11:00 am ET).

SAVE THE DATE: NOVAGOLD 2022 Second Quarter Financial Results Release, Conference Call and Video Webcast

VANCOUVER, British Columbia, June 14, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) announces with great sadness that Mr. Igor Levental, a long-tenured director of the Company, passed away suddenly and unexpectedly on June 10, 2022. Mr. Levental served as an independent director of the Company since 2010 and over the past twelve years shared his extensive knowledge of the mining industry and brought a unique perspective to NOVAGOLD's Board of Directors and its Committees. Mr. Levental was instrumental in the reorganization of the Company in 2012. His distinguished international mining career spanned more than 30 years, where he held numerous board roles and senior roles earlier in his career with major mining companies such as Homestake Mining Company and International Corona Corporation. At the time of his passing, Mr. Levental served as President of The Electrum Group.

NOVAGOLD's Long-Term Director Igor Levental Passes Away

Barrick Gold

The window for Barrick to acquire the other 50% of Donlin Gold on the cheap, not already owned, could be closing soon. Strong drill results during the 2022 exploration season, and sharply higher gold prices could quickly double and triple the NovaGold quote.

Barrick Should Acquire NovaGold's Remaining 50% Of Donlin Now

VANCOUVER, British Columbia, May 20, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on May 18, 2022 (the “Meeting”). All proposals were approved and all eleven director nominees were elected. A total of 277,994,591 or 83.43% of the Company's issued and outstanding shares were represented at the Meeting.

NOVAGOLD Announces Election of Directors and Voting Results from 2022 Virtual Annual General Meeting of Shareholders

The outstanding diluted and the long-term debt are kept at the same level, and the total cash is $155.13 million at the end of the 1Q22. The 2021 drill program was successfully completed, with 79 holes (24,264 meters) drilled in the ACMA and Lewis pit area.

NovaGold Resources: What A Slide

VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) has published its 2021 Sustainability Report (the “2021 sustainability report”) titled Building a Lasting Legacy.

NOVAGOLD Issues 2021 Sustainability Report Outlining Strong Achievements in Building a Lasting Legacy for Stakeholders

VANCOUVER, British Columbia, April 20, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) will hold the Company's 2022 Meeting in a virtual format on Wednesday, May 18, 2022 at 1:00 p.m. PT (4:00 p.m. ET) and is pleased to announce the nomination of Kevin McArthur to the Company's proposed Board of Directors to be presented for election at the Meeting. Following the official Meeting, Chairman Dr. Thomas Kaplan and President and CEO Greg Lang will provide an overview of NOVAGOLD's 2021 achievements and the outlook for this year.

NOVAGOLD Announces Date of its 2022 Virtual Annual General Meeting of Shareholders and Nomination of Kevin McArthur for Election to its Board of Directors

NovaGold Resources Inc. (NG) CEO Gregory Lang on Q1 2022 Results - Earnings Call Transcript

Final Results from 2021 Donlin Gold Drilling Program Continued to Deliver High-Grade Intercepts as expected, Supporting the Modelled Resource Estimate

NOVAGOLD Reports First Quarter 2022 Financial Results

VANCOUVER, British Columbia, March 31, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) has published its 2021 Annual Report (the “annual report”).

NOVAGOLD Issues its 2021 Annual Report Featuring a Conversation Between Dr. Thomas Kaplan and John Hathaway

Agnico Eagle Mines

Yamana Gold

Equinox Gold Corp

Franco-Nevada C

U.S. Global GO GOLD and Precious Metal Miners ETF

Hecla Mining

Harmony Gold Mining Co Ltd

iShares Gold Trust

Newmont Mining

Pan American Silver

iShares MSCI Global Metals & Mining Producers ETF

Royal Gold

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Wheaton Precious Metals

10 resource specialists and contributors to MoneyShow.com highlight their favorite stocks and ETFs for investors seeking exposure to gold and silver.

10 Resource Sector Experts Shine A Light On Gold & Silver

VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2022 first quarter financial results after market close on April 5, 2022. A conference call and video webcast to discuss these results will take place April 6, 2022, at 8:00 am PT (11:00 am ET).

SAVE THE DATE: NOVAGOLD 2022 First Quarter Financial Results Release, Conference Call and Video Webcast

Highlights Include Numerous High-Grade Gold Intercepts Coupled With Important Grade Continuity

Donlin Gold Announces Final Assay Results for 2021 Drill Program

Novagold (NG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Novagold (NG) Upgraded to Buy: What Does It Mean for the Stock?

NovaGold Resources Inc. (NG) CEO Gregory Lang on Q4 2021 Results - Earnings Call Transcript

Multiple High-Grade Intercepts Recorded at Donlin Gold's  Successful 2021 Drilling Program

NOVAGOLD Reports Fiscal Year 2021 Financial Results

VANCOUVER, British Columbia, Jan. 11, 2022 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2021 year-end financial results after market close on January 26, 2022. A conference call and video webcast to discuss these results will take place January 27, 2022, at 8:00 am PT (11:00 am ET).

SAVE THE DATE: NOVAGOLD 2021 Year-End Financial Results Release, Conference Call and Video Webcast

NovaGold Resources, Inc. (NG) CEO Gregory Lang on Q3 2021 Results - Earnings Call Transcript

Donlin Gold LLC Board Approves Additional 2021 Funding for New Feasibility Study Prework

NOVAGOLD Reports Third Quarter 2021 Financial Results

VANCOUVER, British Columbia , Sept. 16, 2021 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2021 third quarter financial results after market close on September 29, 2021. A conference call and video webcast to discuss these results will take place September 30, 2021, at 8:00 am PT (11:00 am ET).

SAVE THE DATE: NOVAGOLD 2021 Third Quarter Financial Results Release, Conference Call and Video Webcast

Results Support Mineral Resources, With Significant New High-Grade Intercepts

Donlin Gold Initial 2021 Drill Program Results Continue to Deliver for Project Advancement

VANCOUVER, British Columbia, July 28, 2021 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) (“NOVAGOLD” or “the Company”) has received $75 million from Newmont Corporation (TSX: NGT, NYSE: NEM) (“Newmont”) as per the 2018 Share Purchase Agreement in which NOVAGOLD agreed to sell its 50% interest in the Galore Creek project (“GCP”) in British Columbia, Canada. All amounts are in U.S. dollars unless otherwise stated.

NOVAGOLD Receives $75 Million from Newmont Corporation

The cash on hand was $107.6 million at the end of May 2021.

NovaGold Resources: Turning Attractive

NovaGold Resources Inc. (NG) Q2 2021 Results - Earnings Call Transcript

Donlin Gold 2021 Drill Program Continues to Advance as Planned Community Support Expanded to Counter the Effects of Global Pandemic Key Permits Secured and Robust Financial Position Maintained

News for Novagold Resources Stock (NG)