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Novagold Resources Inc. (TSE:NG)

Novagold Resources Inc. (TSE:NG) Company Profile

Symbol(s): TSE:NG, NYSEMKT:NG
Industry: Gold Mining
Website: www.novagold.com
eMail: info@novagold.com

Novagold Resources Inc. (TSE:NG) is a Canadian Gold mining company. It’s a junior project generator mainly focused on exploration and development of mineral properties in Canada and USA. The company has multiple properties including Galore Creek (Port Of Stewart, Bc, Canada) and Donlin Creek (Alaska, USA).

Novagold Resources Inc. (TSE:NG) has about 23 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$149.243 per gold equivalent ounce.

Novagold Resources Inc. has US$111.74 million cash and US$82.5 million debt. The company has 329.6 million shares outstanding and as of September 01, 2020, had a market capitalization of US$3461.83 million. The stocks of Novagold Resources Inc. trade on the Toronto Stock Exchange and the NYSE MKT Stock Exchange.

Novagold Resources Inc. (TSE:NG) Share Price Chart

Novagold Resources Inc. (TSE:NG) Technical Data
Last Updated: September 2, 2020

Share Price:
CA$13.82 (9/1/2020 16:00:00)
Volume:
727045 (9/1/2020 16:00:00)
52 Week High:
CA$18
52 Week Low:
CA$6.4
Change from 52 Week Low:
115.937%
Change from 52 Week High:
-23.222%
Beta
0.2
Average Volume:
#N/A

Novagold Resources Inc. (TSE:NG) Financial Data

Share Price:
CA$13.82 (9/1/2020 16:00:00)
Shares Outstanding:
329.6 million
Market Capitalization:
US$3461.83 million *
Cash:
US$111.74 million
Total Debt:
US$82.5 million
Enterprise Value:
US$3432.594 million
Earnings Per Share:
-0.12
Price to Earning (P/E) Ratio:
#N/A

Novagold Resources Inc. (TSE:NG) Gold Resources

Total Reserves & Resources:
23 million ounce
Plausible Reserves & Resources:
18.81 million ounce
Future Cash Cost Per Ounce:
US$500
Future All-in Sustaining Cost Per Ounce:
US$900
Future Annual Production:
550000 ounce

Novagold Resources Inc. (TSE:NG) Valuation by Resources

Gold Equivalent Resources:
23 million ounce
Silver Equivalent Resources:
1587.7 million ounce ***
Enterprise Value Per Gold Ounce:
US$149.243
Enterprise Value Per Silver Ounce:
US$2.162
Gold Equivalent Resources per FD share:
0.07 ounce
Silver Equivalent Resources per FD share:
4.817 ounce

* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources

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