NovaGold Resources Inc (USA) (A:NG)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 201 South Main, Suite 400 SALT LAKE CITY UT 84111 |
| Tel: | 1-604-6303567 |
| Website: | https://www.novagold.com |
| IR: | See website |
| Key People | ||
| Gregory A. Lang President, Chief Executive Officer, Director | David Ottewell Chief Financial Officer, Vice President | |
| Business Overview |
| NOVAGOLD Resources Inc. is a precious metals company, which is focused on the development of its 50%-owned Donlin Gold project in Alaska. The Donlin Gold project is a development-stage gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits are situated at approximately 62-degree North latitude and 158-degree West longitude, which is 450 kilometers (km) west of Anchorage and 250 km northeast of Bethel up the Kuskokwim River. The project is held by Donlin Gold LLC (Donlin Gold), which is owned 50% by the Company's wholly owned subsidiary, NOVAGOLD Resources Alaska Inc., and 50% by Barrick Gold Corporation's wholly owned subsidiary, Barrick Gold U.S. Inc. |
| Financial Overview |
| For the three months ended 29 February 2024, NovaGold Resources Inc (USA) revenues was not reported. Net loss decreased 3% to $10.3M. Lower net loss reflects Equity loss - Donlin Gold decrease of 34% to $3M (expense), Interest and dividend income increase of 17% to $1.6M (income), Gain on sale of mineral property increase of 34% to $743K (income). Basic Earnings per Share excluding Extraordinary Items remained flat at -$0.03. |
| Employees: | 13 as of Nov 30, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $975.80M as of Feb 29, 2024 |
| Annual revenue (TTM): | $0.00M as of Feb 29, 2024 |
| EBITDA (TTM): | -$22.42M as of Feb 29, 2024 |
| Net annual income (TTM): | -$46.46M as of Feb 29, 2024 |
| Free cash flow (TTM): | -$8.80M as of Feb 29, 2024 |
| Net Debt Last Fiscal Year: | $22.84M as of Feb 29, 2024 |
| Shares outstanding: | 334,371,223 as of Mar 27, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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