Ethan Schutt - NovaGold Resources Independent Director

NG Stock  USD 3.13  0.05  1.62%   

Director

Mr. Ethan G. Schutt is Independent Director of the company. Mr. Schutt, a nominee for Director of the Company, is the Chief of Staff of Alaska Native Tribal Health Consortium . ANTHC provides health services for Alaska Native people, as well as training, health education, disease and injury prevention, and rural water and sewer construction. In his current role, Mr. Schutt provides coordination and support to ensure proper prioritization and alignment of ANTHC resources. Prior to joining ANTHC, Mr. Schutt first served as General Counsel, and later became the Senior Vice President of Land and Energy Development, for Cook Inlet Region Inc. . CIRI is an Alaska Native Claims Settlement Act corporation dedicated to the economic and social wellbeing of its Alaska Native shareholders with resources generated from its lands and businesses. As CIRIs Senior Vice President of Land and Energy Development, he led a team of professionals that managed CIRIs ANCSA lands including the exploration and leasing of those lands for oil and gas, mineral and other natural resource development. He also directed CIRIs efforts in developing renewable and alternative energy projects. Mr. Schutt previously served as a member of the board of Doyon, Limited and served as General Counsel for Tanana Chiefs Conference. Mr. Schutt is an expert on ANCSA lands and resources and currently teaches a class on the topic at the University of Alaska Anchorage since 2019.
Age 45
Tenure 6 years
Address 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6
Phone604 669 6227
Webhttps://www.novagold.com
Schutt holds a BS degree with honors in mathematics from Washington State University and a Juris Doctor degree from Stanford Law School. The Board has determined that Mr. Schutt should serve as a Director to gain from his experience working on Alaska Native health matters, his experience as a senior resource development executive, his legal, corporate governance and external communications expertise, and his expert understanding and knowledge of ANCSA and of Alaska generally.

NovaGold Resources Management Efficiency

The company has Return on Asset (ROA) of (0.1205) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1205. This is way below average. Likewise, it shows a return on total equity (ROE) of (17.9148) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Tangible Assets is estimated to increase to -0.45. The NovaGold Resources' current Return On Capital Employed is estimated to increase to -0.31. At this time, NovaGold Resources' Other Assets are most likely to increase significantly in the upcoming years. The NovaGold Resources' current Debt To Assets is estimated to increase to 1.31, while Total Assets are projected to decrease to roughly 119.9 M.
NovaGold Resources reports 152.45 M of total liabilities with total debt to equity ratio (D/E) of 2.99, which may imply that the company relies heavily on debt financing. NovaGold Resources has a current ratio of 44.53, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for NovaGold to invest in growth at high rates of return.

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NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada. Novagold Resources operates under Gold classification in the United States and is traded on AMEX Exchange. NovaGold Resources (NG) is traded on NYSE MKT Exchange in USA. It is located in 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6 and employs 13 people. NovaGold Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

NovaGold Resources Leadership Team

Elected by the shareholders, the NovaGold Resources' board of directors comprises two types of representatives: NovaGold Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NovaGold. The board's role is to monitor NovaGold Resources' management team and ensure that shareholders' interests are well served. NovaGold Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NovaGold Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Kaplan, Chairman of the Board
Ethan Schutt, Independent Director
Kalidas Madhavpeddi, Independent Director
Ronald Rimelman, Health, Environment
Gregory Lang, CEO and President Non-Independent Director, Member of Environment, Health, Safety, Sustainability and Technical Committee and Member of Corporate Communications Committee
Richard BSc, VP Devel
Tricia Pannier, Corporate Secretary
Clynton Nauman, Independent Director
Peter CFA, CFO VP
Anthony Walsh, Lead Independent Director
Benjamin Machlis, VP Counsel
Sharon Dowdall, Independent Director
David Ottewell, CFO, Principal Accounting Officer and VP
Frank Gagnon, Manager Relations
Igor Levental, Independent Director
Melanie Hennessey, Vice Communications
David CA, VP CFO
Jason Mercier, Manager Relations
Elaine DorwardKing, Director
MBE BSc, VP COO
Diane Garrett, Independent Director

NovaGold Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NovaGold Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.14)
Return On Assets
(0.12)
Return On Equity
(17.91)
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.