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
![Novagold Resources logo](/files/LOGO/1173420-NG.png)
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 Reports Second Quarter 2024 Financial Results
26 Jun 24
10-Q
2024 Q2
Quarterly report
26 Jun 24
8-K
Departure of Directors or Certain Officers
20 Jun 24
8-K
NOVAGOLD Announces Election of Directors and Voting Results from
21 May 24
DEFA14A
Additional proxy soliciting materials
30 Apr 24
DEFA14A
Additional proxy soliciting materials
25 Apr 24
8-K
NOVAGOLD Announces Date of its 2024
25 Apr 24
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
Transcripts
NG
Earnings call transcript
2024 Q2
27 Jun 24
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 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
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Nov 23 | Nov 22 | Nov 21 | Nov 20 | |
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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) | 52.57 mm | 52.57 mm | 52.57 mm | 52.57 mm | 52.57 mm | 52.57 mm |
Cash burn (monthly) | (no burn) | (no burn) | 4.37 mm | 3.74 mm | 398.67 k | 807.83 k |
Cash used (since last report) | n/a | n/a | 8.15 mm | 6.97 mm | 743.98 k | 1.51 mm |
Cash remaining | n/a | n/a | 44.42 mm | 45.59 mm | 51.82 mm | 51.06 mm |
Runway (months of cash) | n/a | n/a | 10.2 | 12.2 | 130.0 | 63.2 |
Institutional ownership, Q1 2024
83.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 181 |
Opened positions | 165 |
Closed positions | 5 |
Increased positions | 5 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 515.48 bn |
Total shares | 279.93 mm |
Total puts | 391.30 k |
Total calls | 258.60 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Electrum Strategic Resources | 79.57 mm | $317.48 mm |
Paulson & Co. | 27.24 mm | $81.71 bn |
First Eagle Investment Management | 18.44 mm | $55.33 bn |
Exor Investments | 17.64 mm | $52.91 bn |
FMR | 17.23 mm | $51.51 bn |
EXXRF Exor | 16.74 mm | $44.02 mm |
BLK Blackrock | 14.88 mm | $44.65 bn |
Kopernik Global Investors | 13.90 mm | $41.69 bn |
Vanguard | 10.38 mm | $31.13 bn |
Van Eck Associates | 9.57 mm | $28.70 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jul 24 | Ottewell David A. | Common Shares | Payment of exercise | Dispose F | No | No | 3.46 | 9,532 | 32.98 k | 824,117 |
1 Jul 24 | Ottewell David A. | Common Shares | Option exercise | Acquire M | No | No | 0 | 35,500 | 0.00 | 833,649 |
1 Jul 24 | Ottewell David A. | Performance Share Units ("PSUs") Common Shares | Option exercise | Dispose M | No | No | 0 | 35,500 | 0.00 | 0 |
1 Jul 24 | Richard Alan Williams | Common Shares | Payment of exercise | Dispose F | No | No | 3.46 | 7,549 | 26.12 k | 429,924 |
1 Jul 24 | Richard Alan Williams | Common Shares | Option exercise | Acquire M | No | No | 0 | 31,000 | 0.00 | 437,473 |
1 Jul 24 | Richard Alan Williams | Performance Share Units ("PSUs") Common Shares | Option exercise | Dispose M | No | No | 0 | 31,000 | 0.00 | 0 |
1 Jul 24 | Gregory A. Lang | Common Shares | Payment of exercise | Dispose F | No | No | 3.46 | 10,787 | 37.32 k | 44,829 |
1 Jul 24 | Gregory A. Lang | Common Shares | Option exercise | Acquire M | No | No | 0 | 44,300 | 0.00 | 55,616 |
1 Jul 24 | Gregory A. Lang | Performance Share Units ("PSUs") Common Shares | Option exercise | Dispose M | No | No | 0 | 44,300 | 0.00 | 0 |