Novagold Resources Inc (New York Stock Exchange Arca:NG)
Insiders here have filed 11 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
No revenue reported, so there is no margin to score.
- Revenue
- $0
- Net income
- -$91.5M
- Net margin
- —
Little or no net debt.
- Total debt
- $178.1M
- Cash
- $146.4M
- Debt / equity
- 0.46
Comfortably covers what is due within a year.
- Current assets
- $349.8M
- Current liabilities
- $7.9M
- Current ratio
- 44.51
Consumes cash and must keep raising it.
- Operating cash flow
- -$45.6M
- Free cash flow
- -$45.6M
Some dilution over the past year.
- Shares outstanding
- 438.8M
- Share growth (1y)
- 7.9%
- Cash runway
- 39 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
NG Income Statement
| Fiscal Period | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Aug 31, 2026 | May 31, 2026 | Feb 28, 2026 | Nov 30, 2025 | Aug 31, 2025 | May 31, 2025 |
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Growth (YoY) | — | — | — | — | — | — |
| Cost of Revenue | 6.00 K | 5.00 K | 6.00 K | 8.34 K | 5.99 K | 5.11 K |
| Gross Profit | -6.00 K | -5.00 K | -6.00 K | -8.34 K | -5.99 K | -5.11 K |
| SG&A Expense | 12.04 M | 8.91 M | 8.69 M | 8.43 M | 6.26 M | 5.95 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 36.01 M | 25.78 M | 14.91 M | 30.34 M | 6.26 M | 5.95 M |
| Operating Income | -36.01 M | -25.79 M | -14.91 M | -30.35 M | -6.27 M | -5.95 M |
| Pretax Income | -36.04 M | -25.49 M | -15.44 M | -14.51 M | -15.62 M | -55.52 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -36.04 M | -25.49 M | -15.44 M | -14.51 M | -15.62 M | -55.52 M |
| EPS (Basic) | -0.08 | -0.06 | -0.04 | -0.04 | -0.04 | -0.16 |
| EPS (Diluted) | -0.08 | -0.06 | -0.04 | -0.04 | -0.04 | -0.16 |
| Shares Outstanding | 438.79 M | 438.78 M | 415.12 M | 374.70 M | 406.51 M | 350.21 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.