Last C$4.22 CAD
Change Today -0.03 / -0.71%
Volume 169.0K
NG On Other Exchanges
Symbol
Exchange
NYSE Amex
Mexico
Frankfurt
As of 4:00 PM 07/30/14 All times are local (Market data is delayed by at least 15 minutes).

novagold resources inc (NG) Snapshot

Open
C$4.28
Previous Close
C$4.25
Day High
C$4.30
Day Low
C$4.19
52 Week High
03/14/14 - C$5.11
52 Week Low
10/11/13 - C$2.12
Market Cap
1.3B
Average Volume 10 Days
277.0K
EPS TTM
C$-0.17
Shares Outstanding
317.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NOVAGOLD RESOURCES INC (NG)

novagold resources inc (NG) Related Bloomberg News

View More Bloomberg News

novagold resources inc (NG) Related Businessweek News

No Related Businessweek News Found

novagold resources inc (NG) Details

NovaGold Resources Inc. explores and develops mineral properties in the United States, Canada, and internationally. The company primarily explores for gold, silver, and copper deposits. Its flagship projects include the Donlin Gold project that is located in southwestern Alaska covering an area of approximately 81,361 acres; and the Galore Creek project that is located in northwestern British Columbia, which covers approximately an area of 293,837 acres. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada.

14 Employees
Last Reported Date: 02/12/14
Founded in 1984

novagold resources inc (NG) Top Compensated Officers

Chief Executive Officer, President, Non-Indep...
Total Annual Compensation: $1.5M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $655.2K
Executive Vice President, General Counsel and...
Total Annual Compensation: $860.2K
Compensation as of Fiscal Year 2013.

novagold resources inc (NG) Key Developments

NovaGold Resources Inc. Announces Consolidated Financial Results for the Three and Six Months Ended May 31, 2014; Provides Capital Expenditure Guidance for the Full Year of 2014

NovaGold Resources Inc. announced consolidated financial results for the three and six months ended May 31, 2014. For the quarter, the company reported loss from operations of $8,264,000 compared with $12,225,000 for the same period a year ago. Loss for the period was $10,681,000 or $0.03 per basic and diluted share compared with $9,833,000 or $0.03 per basic and diluted share for the same period a year ago. For the six months, the company reported loss from operations of $19,597,000 compared with $26,734,000 for the same period a year ago. Loss for the period was $21,372,000 or $0.07 per basic and diluted share compared with $23,609,000 or $0.08 per basic and diluted share for the same period a year ago. Loss from operations in the three and six-month periods ending May 31, 2014 decreased 32% and 27%, respectively. The decrease resulted from lower general and administrative expense and lower losses from equity investments in the Donlin Gold and Galore Creek projects. General and administrative expense decreased 22% and 18%, respectively, due to lower office rent, professional fees and share-based compensation, partially offset by higher salary costs due to personnel additions in 2013. The increase in net loss for the three-month period in 2014 was primarily due to a foreign exchange loss compared to a foreign exchange and valuation of derivative liabilities gain in 2013, partially offset by the reduction in the loss from operations discussed above and lower interest expense. The decrease in net loss for the six-month period in 2014 was primarily due to the reduction in the loss from operations from lower general and administrative expenses and lower losses from equity investments in the Donlin Gold and Galore Creek projects. The company reported $5.7 million was used in operating activities, primarily for administrative costs, interests and other working capital changes, and $9.2 million was used to fund Donlin Gold and Galore Creek, partially offset by $5 million from term deposits. In 2014, the company continues to expect to spend approximately $15 million to fund its share of expenditures at the Donlin Gold and Galore Creek projects and $15 million for general and administrative costs, interest, working capital and other corporate purposes.

NovaGold Resources Inc. to Report Q2, 2014 Results on Jul 09, 2014

NovaGold Resources Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 09, 2014

NovaGold Resources Inc., Q2 2014 Earnings Call, Jul 10, 2014

NovaGold Resources Inc., Q2 2014 Earnings Call, Jul 10, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NG:CN C$4.22 CAD -0.03

NG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for NG.
View Industry Companies
 

Industry Analysis

NG

Industry Average

Valuation NG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 2.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NOVAGOLD RESOURCES INC, please visit www.novagold.net. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.