NovaGold Resources Past Earnings Performance

Past criteria checks 0/6

NovaGold Resources's earnings have been declining at an average annual rate of -12.1%, while the Metals and Mining industry saw earnings growing at 13.7% annually.

Key information

-12.1%

Earnings growth rate

-11.6%

EPS growth rate

Metals and Mining Industry Growth24.3%
Revenue growth raten/a
Return on equityn/a
Net Marginn/a
Last Earnings Update31 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How NovaGold Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BASE:NG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 240-45240
31 May 240-46240
29 Feb 240-46220
30 Nov 230-47220
31 Aug 230-49210
31 May 230-54210
28 Feb 230-54210
30 Nov 220-53200
31 Aug 220-51200
31 May 220-47200
28 Feb 220-43200
30 Nov 210-41200
31 Aug 210-37200
31 May 210-38200
28 Feb 210-35190
30 Nov 200-34190
31 Aug 200-34180
31 May 200-30170
29 Feb 200-28170
30 Nov 190-28160
31 Aug 190-26170
31 May 190-26170
28 Feb 190-30180
30 Nov 180-31180
31 Aug 180-34190
31 May 180-36190
28 Feb 180-35190
30 Nov 170-37210
31 Aug 170-35200
31 May 170-33200
28 Feb 170-34200
30 Nov 160-33200
31 Aug 160-34200
31 May 160-33200
29 Feb 160-33190
30 Nov 150-32200
31 Aug 150-32210
31 May 150-38220
28 Feb 150-39230
30 Nov 140-40220
31 Aug 140-53240
31 May 140-61240

Quality Earnings: NG is currently unprofitable.

Growing Profit Margin: NG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NG is unprofitable, and losses have increased over the past 5 years at a rate of 12.1% per year.

Accelerating Growth: Unable to compare NG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (17.4%).


Return on Equity

High ROE: NG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 18:29
End of Day Share Price 2024/12/24 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

NovaGold Resources Inc. is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John HayesBMO Capital Markets Equity Research
Lucas PipesB. Riley Securities, Inc.
David SteinCormark Securities Inc.