novagold (nyse-american, tsx: ng) is a well-financed precious metals company engaged in the development of mineral properties in north america. the company's flagship asset, the 50%-owned donlin gold project in alaska, is in the final stages of its permitting process. donlin gold is a uniquely attractive asset which, in terms of size, grade, exploration potential, production profile and jurisdictional safety, is regarded to be the most important gold project in the world today. as per the feasibility study, donlin gold is expected to produce greater than 1m ounces annually over a 27-year mine life. novagold also owns 50% of the galore creek copper-gold-silver project located in northern british columbia. according to the pre-feasibility study, galore creek is expected to be the largest copper mine in canada and in the top 5% of known gold deposits. the company is currently evaluating opportunities to sell all or a portion of its interest in galore creek and will apply the proceeds towa
Company profile
Ticker
NG
Exchange
Website
CEO
Gregory Lang
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
NOVAGOLD Resources (Bermuda) Limited • NOVAGOLD (Bermuda) Alaska Limited • NOVAGOLD US Holdings Inc. • NOVAGOLD Resources Alaska, Inc. • Donlin Gold LLC • NOVAGOLD USA, Inc. • AGC Resources Inc. ...
NG stock data
Latest filings (excl ownership)
8-K
NOVAGOLD Releases 2023 Sustainability Report
18 Apr 24
8-K
NOVAGOLD Reports First Quarter 2024 Financial Results
3 Apr 24
10-Q
2024 Q1
Quarterly report
3 Apr 24
DEF 14A
Definitive proxy
22 Mar 24
DEFA14A
Additional proxy soliciting materials
22 Mar 24
ARS
2023 FY
Annual report to shareholders
22 Mar 24
10-K
2023 FY
Annual report
24 Jan 24
8-K
NOVAGOLD Reports Fiscal Year 2023 Financial Results
24 Jan 24
10-Q
2023 Q3
Quarterly report
3 Oct 23
8-K
NOVAGOLD Reports Third Quarter 2023 Financial Results
3 Oct 23
Transcripts
NG
Earnings call transcript
2024 Q1
4 Apr 24
NG
Earnings call transcript
2023 Q3
4 Oct 23
NG
Earnings call transcript
2023 Q2
28 Jun 23
NG
Earnings call transcript
2023 Q1
5 Apr 23
NG
Earnings call transcript
2022 Q4
26 Jan 23
NG
Earnings call transcript
2022 Q3
5 Oct 22
NG
Earnings call transcript
2022 Q2
6 Jul 22
NG
Earnings call transcript
2022 Q1
6 Apr 22
NG
Earnings call transcript
2021 Q4
27 Jan 22
NG
Earnings call transcript
2021 Q3
30 Sep 21
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Nov 22 | Nov 21 | Nov 20 | Nov 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 44.08 mm | 44.08 mm | 44.08 mm | 44.08 mm | 44.08 mm | 44.08 mm |
Cash burn (monthly) | 958.33 k | 1.49 mm | 3.69 mm | 4.05 mm | 434.33 k | 697.42 k |
Cash used (since last report) | 7.48 mm | 11.61 mm | 28.80 mm | 31.60 mm | 3.39 mm | 5.44 mm |
Cash remaining | 36.60 mm | 32.47 mm | 15.27 mm | 12.48 mm | 40.69 mm | 38.64 mm |
Runway (months of cash) | 38.2 | 21.8 | 4.1 | 3.1 | 93.7 | 55.4 |
Institutional ownership, Q3 2023
79.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 176 |
Opened positions | 22 |
Closed positions | 24 |
Increased positions | 55 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 705.35 bn |
Total shares | 264.62 mm |
Total puts | 347.00 k |
Total calls | 51.80 k |
Total put/call ratio | 6.7 |
Largest owners | Shares | Value |
---|---|---|
Electrum Strategic Resources | 79.57 mm | $317.48 mm |
FMR | 24.32 mm | $93.11 bn |
Paulson & Co. | 22.23 mm | $85.35 bn |
First Eagle Investment Management | 18.74 mm | $71.96 bn |
Public Investment Fund | 16.14 mm | $61.97 bn |
Exor Investments | 15.70 mm | $60.30 bn |
BLK Blackrock | 14.26 mm | $54.74 bn |
Kopernik Global Investors | 10.22 mm | $39.25 bn |
Vanguard | 9.82 mm | $37.72 bn |
Van Eck Associates | 9.21 mm | $35.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | Richard Alan Williams | Common Shares | Grant | Acquire A | No | No | 2.83 | 2,800 | 7.92 k | 403,988 |
31 Mar 24 | Gregory A. Lang | Common Shares | Grant | Acquire A | No | No | 2.85 | 5,640 | 16.07 k | 6,400 |
1 Mar 24 | Ethan Schutt | Common Shares | Grant | Acquire A | No | No | 0 | 2,225 | 0.00 | 40,516 |
1 Mar 24 | Anthony P. Walsh | Common Shares | Grant | Acquire A | No | No | 0 | 2,225 | 0.00 | 48,549 |
1 Mar 24 | C. Kevin Mcarthur | Common Shares | Grant | Acquire A | No | No | 0 | 2,225 | 0.00 | 9,007 |
News
Mining Executives Weigh In On Gold Prices, Financing, Projects: 'We're Definitely Glad'
8 Apr 24
Novagold Resources Q1 EPS $(0.03) Misses $(0.02) Estimate
3 Apr 24
Earnings Scheduled For April 3, 2024
3 Apr 24
Gold Stocks Could Gain In Catch-Up Rally, Says Peter Schiff: 'Explosive Move Up Can't Be Far Away'
10 Mar 24