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NovaGold Resources Inc. (T:NG)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 789 Pender St W Suite 720
Tel: 1-604-6303567
IR: See website
Key People
Thomas S. Kaplan
Chairman of the Board
Gregory A. Lang
President, Chief Executive Officer, Director
David Ottewell
Chief Financial Officer, Vice President
Business Overview
NovaGold Resources Inc. operates in the mining industry. The Company is focused on the exploration and development of gold mining properties. Its principal asset is a 50% interest in the Donlin Gold project in Alaska, Unites States. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska. It is located approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River. The Donlin Gold project is owned and operated by Donlin Gold LLC, a limited liability company that is owned equally by wholly-owned subsidiaries of the Company and Barrick Gold Corporation (Barrick).
Financial Overview
For the fiscal year ended 30 November 2019, NovaGold Resources Inc. revenues was not reported. Net loss before extraordinary items decreased 12% to $27.8M. Lower net loss reflects Interest income increase from $2M to $4.2M (income), Accretion of notes receivable increase from $1.1M to $3.2M (income), Share-based compensation decrease of 20% to $6.2M (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.10 to -$0.09.
Employees: 12 as of Nov 30, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $3,936M as of Nov 30, 2019
Annual revenue (TTM): $0.00M as of Nov 30, 2019
EBITDA (TTM): -$21.43M as of Nov 30, 2019
Net annual income (TTM): -$36.48M as of Nov 30, 2019
Free cash flow (TTM): -$8.05M as of Nov 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 328,330,519 as of Jan 15, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization