Novagold Resources (NG) Cash & Equivalents (2012 - 2026)
Novagold Resources (NG) reported Cash & Equivalents of $78.22 million for fiscal Q2 2026 (quarter ended May 31, 2026), down 73.4% from $293.74 million a year earlier and down 33.4% from the prior quarter.
Novagold Resources (NG) Cash & Equivalents (2012 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Novagold Resources posted Cash & Equivalents of $110.14 million, up 160.9% from FY2024.
- Cash & Equivalents has a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- By fiscal year, Cash & Equivalents came in at $42.22 million in FY2024 (-7.7%), $45.75 million in FY2023 (-28.4%), $63.88 million in FY2022 (-29.9%) and $91.12 million in FY2021 (+49.6%).
- Five-year quarterly Cash & Equivalents spans a low of $33.97 million in fiscal Q1 2025 and a high of $293.74 million in fiscal Q2 2025.
- Year over year, Cash & Equivalents gained in five of the last eight quarters, with growth averaging 100.8%.
- The high point for year-over-year Cash & Equivalents in five years was fiscal Q2 2025 (growth of 458.8%); the low point was fiscal Q2 2026 (a decline of 73.4%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $117.49 million (Q1 2026), $110.14 million (Q4 2025) and $58.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | 8.91 Bn |
| 2 | Southern Copper | 166.32 Bn | 145.19 Bn | 2.90 Bn | 5.67 Bn |
| 3 | Newmont | 120.84 Bn | 89.01 Bn | 4.03 Bn | 9.01 Bn |
| 4 | Ternium | 110.94 Bn | 75.99 Bn | 941.02 Mn | 9.87 Bn |
| 5 | Freeport-Mcmoran | 99.52 Bn | 95.67 Bn | 2.19 Bn | 4.08 Bn |
| 6 | Agnico Eagle Mines | 90.25 Bn | 90.25 Bn | 2.43 Bn | 3.46 Bn |
| 7 | Barrick Mining | 67.10 Bn | 51.84 Bn | 2.90 Bn | 5.93 Bn |
| 8 | Nucor | 53.52 Bn | 44.06 Bn | 2.03 Bn | 2.48 Bn |
| 9 | ArcelorMittal | 49.13 Bn | 30.16 Bn | - | 4.85 Bn |
| 10 | Novagold Resources | 2.82 Bn | 2.82 Bn | - | 78.22 Mn |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 78.22 Mn |
| Feb 28, 2026 | 117.49 Mn |
| Nov 30, 2025 | 110.14 Mn |
| Aug 31, 2025 | 58.17 Mn |
| May 31, 2025 | 293.74 Mn |
| Feb 28, 2025 | 33.97 Mn |
| Nov 30, 2024 | 42.22 Mn |
| Aug 31, 2024 | 45.57 Mn |
| May 31, 2024 | 52.57 Mn |
| Feb 29, 2024 | 37.50 Mn |
| Nov 30, 2023 | 45.75 Mn |
| Aug 31, 2023 | 44.08 Mn |
| May 31, 2023 | 46.95 Mn |
| Feb 28, 2023 | 54.16 Mn |
| Nov 30, 2022 | 63.88 Mn |
| Aug 31, 2022 | 61.93 Mn |
| May 31, 2022 | 72.29 Mn |
| Feb 28, 2022 | 77.13 Mn |
| Nov 30, 2021 | 91.12 Mn |
| Aug 31, 2021 | 117.79 Mn |
Novagold Resources Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "NG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();