Novagold Resources (NG) Current Leases (2022 - 2026)
Novagold Resources (NG) reported Current Leases of $185,000 for fiscal Q2 2026 (quarter ended May 31, 2026), up 5.1% from $176,000 a year earlier and up 2.8% from the prior quarter.
Novagold Resources (NG) Current Leases (2022 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Novagold Resources posted Current Leases of $177,000, up 4.7% from FY2024.
- Current Leases has a three-year compound annual growth rate of 7.6% (FY2022 to FY2025).
- By fiscal year, Current Leases came in at $169,000 in FY2024 (-12.0%), $192,000 in FY2023 (+35.2%) and $142,000 in FY2022.
- The fiscal Q2 2026 figure ranks as the highest quarterly Current Leases since fiscal Q4 2023.
- Year over year, Current Leases has now increased in each of the last three quarters, with an average decline of 1.1% over the last seven quarters.
- The high point for year-over-year Current Leases in five years was fiscal Q4 2023 (growth of 35.2%); the low point was fiscal Q4 2024 (a decline of 12.0%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | - |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 132.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 46.71 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 89.22 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | - |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 22.40 Bn |
| 10 | Novagold Resources | 2.92 Bn | 2.92 Bn | - | 185,000.00 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 185,000.00 |
| Feb 28, 2026 | 180,000.00 |
| Nov 30, 2025 | 177,000.00 |
| May 31, 2025 | 176,000.00 |
| Feb 28, 2025 | 170,000.00 |
| Nov 30, 2024 | 169,000.00 |
| Aug 31, 2024 | 169,000.00 |
| May 31, 2024 | 167,000.00 |
| Feb 29, 2024 | 182,000.00 |
| Nov 30, 2023 | 192,000.00 |
| Aug 31, 2023 | 189,000.00 |
| May 31, 2023 | 184,000.00 |
| Feb 28, 2023 | 168,000.00 |
| Nov 30, 2022 | 142,000.00 |
Novagold Resources Current Leases 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=current-leases&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "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=current-leases&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();