NovaGold Net Income from 2010 to 2026

NG Stock  USD 11.30  0.44  3.75%   
NovaGold Resources' Net Loss is decreasing over the last several years with slightly volatile swings. Net Loss is estimated to finish at about -80.9 M this year. During the period from 2010 to 2026 NovaGold Resources Net Loss regressed destribution of quarterly values had mean deviationof  18,126,438 and mean square error of 276.6 T. View All Fundamentals
 
Net Loss  
First Reported
1997-02-28
Previous Quarter
-15.6 M
Current Value
-14.5 M
Quarterly Volatility
25.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check NovaGold Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NovaGold Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.3 K, Interest Expense of 8.7 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 5 K, Dividend Yield of 0.0 or PTB Ratio of 22.01. NovaGold financial statements analysis is a perfect complement when working with NovaGold Resources Valuation or Volatility modules.
  
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Check out the analysis of NovaGold Resources Correlation against competitors.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.

Latest NovaGold Resources' Net Income Growth Pattern

Below is the plot of the Net Income of NovaGold Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in NovaGold Resources financial statement analysis. It represents the amount of money remaining after all of NovaGold Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is NovaGold Resources' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NovaGold Resources' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (39.53 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

NovaGold Net Income Regression Statistics

Arithmetic Mean(44,298,377)
Coefficient Of Variation(55.66)
Mean Deviation18,126,438
Median(39,447,694)
Standard Deviation24,654,383
Sample Variance607.8T
Range93.8M
R-Value(0.76)
Mean Square Error276.6T
R-Squared0.57
Significance0.0004
Slope(3,697,194)
Total Sum of Squares9725.4T

NovaGold Net Income History

2026-80.9 M
2025-85.2 M
2024-94.7 M
2023-44.4 M
2022-46.8 M
2021-51.5 M
2020-39.8 M

Other Fundumenentals of NovaGold Resources

NovaGold Resources Net Income component correlations

About NovaGold Resources Financial Statements

NovaGold Resources stakeholders use historical fundamental indicators, such as NovaGold Resources' Net Income, to determine how well the company is positioned to perform in the future. Although NovaGold Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in NovaGold Resources' assets and liabilities are reflected in the revenues and expenses on NovaGold Resources' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in NovaGold Resources. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-35.6 M-37.4 M
Net Loss-85.2 M-80.9 M
Net Loss-85.2 M-80.9 M
Net Loss(0.23)(0.24)
Net Income Per E B T 1.17  1.60 

Currently Active Assets on Macroaxis

Check out the analysis of NovaGold Resources Correlation against competitors.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Can Metals & Mining industry sustain growth momentum? Does NovaGold have expansion opportunities? Factors like these will boost the valuation of NovaGold Resources. Anticipated expansion of NovaGold directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating NovaGold Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share
(0.25)
Return On Assets
(0.07)
Return On Equity
(1.63)
Investors evaluate NovaGold Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating NovaGold Resources' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause NovaGold Resources' market price to deviate significantly from intrinsic value.
It's important to distinguish between NovaGold Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NovaGold Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, NovaGold Resources' market price signifies the transaction level at which participants voluntarily complete trades.