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Novagold Resources Inc  (NG)
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    Sector  Basic Materials    Industry Metal Mining
 
   Industry Metal Mining
   Sector  Basic Materials
 

Novagold Resources Inc's Suppliers Performance

NG's Supply Chain


 
NG Costs vs Sales of Suppliers Growth


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Novagold Resources Inc's Suppliers recorded increase in sales by 16.88 % year on year in Q1 2018, from the previous quarter, sales fell by -2.1 %, while their net margin rose to 11.59 % year on year, Novagold Resources Inc's Suppliers improved sequentially profit margin to -2.1 %,

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Novagold Resources Inc's Comment on Supply Chain


Most aspects of our business require specialized skills and knowledge. Such skills and knowledge include the areas of geology, drilling, metallurgy, mine planning, logistical planning, preparation of feasibility studies, permitting, construction and operation of a mine, financing, legal and accounting. Historically, we have found that we can locate and retain appropriate employees and consultants and we believe we will continue to be able to do so.

All of the raw materials we require to carry on our business are readily available through normal supply or business contracting channels in the United States and Canada. Historically, we have been able to secure the appropriate equipment and supplies required to conduct our contemplated programs. As a result, we do not believe that we will experience any shortages of required equipment or supplies in the foreseeable future.


   
NG's Suppliers Net Income grew by NG's Suppliers Net margin grew in Q1 to
19.56 % 11.59 %
   


Novagold Resources Inc's Suppliers Sales Growth in Q1 2018 by Industry

Suppliers in Chemical Manufacturing Industry      15.76 %
Suppliers in Iron & Steel Industry      30.41 %
Suppliers in Conglomerates Industry      9.48 %
Suppliers in Home Improvement Industry      43.59 %
     
• NG Suppliers Valuation • NG Segment Rev. Growth • NG Segment Inc. Growth • NG Suppliers Mgmt. Effect.


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