Novagold Resources Inc  (NG)
Other Ticker:  
    Sector  Basic Materials    Industry Metal Mining
   Industry Metal Mining
   Sector  Basic Materials
Price: $2.3600 $-0.04 -1.667%
Day's High: $2.38 Week Perf: -1.26 %
Day's Low: $ 2.31 30 Day Perf: -20.54 %
Volume (M): 1,883 52 Wk High: $ 6.68
Volume (M$): $ 4,444 52 Wk Avg: $4.34
Open: $2.38 52 Wk Low: $2.23

 Market Capitalization (Millions $) 8,676
 Shares Outstanding (Millions) 3,676
 Employees 13
 Revenues (TTM) (Millions $) 43,318
 Net Income (TTM) (Millions $) 7,776
 Cash Flow (TTM) (Millions $) 18
 Capital Exp. (TTM) (Millions $) 18,975

Novagold Resources Inc

We operate in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (“Donlin Gold”), a limited liability company owned equally by wholly-owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (“Barrick”). We are also committed to maximizing the value of our interest in the Galore Creek copper-gold-silver project in British Columbia, Canada. The Galore Creek project is held by a partnership owned equally by NOVAGOLD Canada Inc., a wholly-owned subsidiary of NOVAGOLD, and by Teck Resources Limited (“Teck”). We continue to explore opportunities to sell, in whole or in part, our interest in the Galore Creek project.

We do not produce gold or any other minerals, and do not currently generate operating earnings. Funding to explore our mineral properties and to operate the Company was acquired primarily through previous equity financings consisting of public offerings of our common shares and warrants and through debt financing consisting of convertible notes. We expect to continue to raise capital through additional equity and/or debt financings, through the exercise of stock options, and otherwise.

We were incorporated by memorandum of association on December 5, 1984, under the Companies Act (Nova Scotia) as 1562756 Nova Scotia Limited. On January 14, 1985, we changed our name to NovaCan Mining Resources (l985) Limited and on March 20, 1987, we changed our name to NOVAGOLD RESOURCES INC. On May 29, 2013, our shareholders approved the continuance of the corporation into British Columbia. Subsequently, we filed the necessary documents in Nova Scotia and British Columbia and we continued under the Business Corporations Act (British Columbia) effective as of June 10, 2013.

Permitting activities continued at Donlin Gold in 2016 and were mainly focused on providing the U.S. Army Corps of Engineers (the “Corps”), the lead agency for the Donlin Gold Environmental Impact Statement (EIS), with requested input and information as the Corps conducted and completed a six-month public comment period for the draft EIS, including 17 public comment meetings in communities across the Yukon-Kuskokwim (Y-K) region and in Anchorage, Alaska. The EIS is required by the National Environmental Policy Act (NEPA), the act that governs the process by which most major projects in the United States are evaluated. The EIS is also, in large part, a determining factor in the overall permitting timeline which commenced in 2012 for Donlin Gold.

   Company Address: 201 South Main Street, Suite 400 Salt Lake City 84111 UT
   Company Phone Number: 639-0511   Stock Exchange / Ticker: NYSE NG
   NG is expected to report next financial results on June 05, 2024.


Stock Performances by Major Competitors

5 Days Decrease / Increase
CDE   -2.67%    
ELRE   -2.67%    
FCX   -0.29%    
RGLD   -2.47%    
TLRS   -19.52%    
VRDR        17.62% 
• View Complete Report

Ivanhoe Electric Inc

Ivanhoe Electric Inc Faces Major Setback in Fourth Quarter of 2023

The stock market can often be a rollercoaster ride for investors, with constant ups and downs. However, amidst all the fluctuations, there are always opportunities to find value and make smart investment decisions. Today, we want to shed light on Ivanhoe Electric Inc, a company that has experienced some challenges in its fiscal fourth quarter of 2023.
The company's income per share saw a significant decline of -48.65%, dropping from $0.70 per share to $0.36 per share compared to the previous year. Additionally, profit took a hit, plummeting by -51.35% from $0.74 per share in the previous quarter. These figures may seem alarming at first, but it's important to dig deeper and look at the bigger picture.

Rio Tinto Plc

Rio Tinto Plc's Fourth Quarter 2023 Financial Report Reveals Alarming Deterioration in Earnings per Share by -19.11%

Rio Tinto Plc, the global metal mining company, recently released its financial results for the fourth quarter of 2023, and they were far from impressive. The company reported a disappointing 19.11% deterioration in earnings per share (EPS), which fell from $7.62 to $6.17. Additionally, their revenue took a hit, decreasing by 2.723% to $54.04 billion compared to the same period last year.
This is a concerning development for Rio Tinto, especially when we consider that the rest of the metal mining industry recorded a 2.30% growth in the same quarter. This shows that while Rio Tinto is struggling, its competitors are managing to find success.

Silver North Resources Ltd

The Deficit has enlarged more at the Silver North Resources Ltd in most recent fiscal period

For the most recent fiscal period ALZA increased a deficit per share of $-0.02 per share compare to $-0.01 a year before and from $0.00 per share from the previous reporting season. The revenue remained unchanged to $0.00 million from $0.00 million in the corresponding reporting season a year before and sequentially from $0.00 million.

New Gold Inc

New Gold Inc Shocks Analysts with Fourth Quarter Results: Revenue Soars Despite Per-Share Loss

As a financial journalist for the , I have been closely following the recent financial results of New Gold Inc, a metal mining company. The company reported a loss of $-0.09 per share in the financial period ending December 31, 2023, despite a significant increase in revenue of 30.108% to $786.50 million compared to the previous year. This is a positive sign for the company, indicating growth in revenue over the past year.
In the previous reporting season, New Gold Inc had a revenue of $0.00 million and $0.00 per share, showing a substantial improvement in the most recent financial period. The company also reported a net deficit of $-64.50 million, a significant decrease from the deficit of $-1,225.70 million in the same period a year ago. This shows that New Gold Inc has been able to improve its financial performance and reduce its losses over the past year.

Coeur Mining Inc

Coeur Mining Inc. Experiences Impressive 24.736% Revenue Increase in Fiscal Year 2023

These figures highlight Coeur Mining's consistent efforts to expand its mineral reserves and resources. The company's focus on strategic acquisitions and exploration activities has paid off, as evidenced by the significant increase in gold, silver, zinc, and lead reserves.
One interesting fact from Coeur Mining's fiscal span closing on December 31, 2023, is the surge in revenue by 24.736% to $262.09 million compared to the previous year. This growth is a testament to the company's ability to generate substantial income despite the challenges faced by the mining industry.



About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com