Novagold Resources NG
NYSE NG
$6.57 +0.14 (+2.18%)
At close: Oct 2, 2026 · 4:00 PM EDT

Novagold Resources (NG) Depreciation and Depletion (2013 - 2016)

Updated

Novagold Resources' Depreciation and Depletion was $8,000 in fiscal Q3 2016 (quarter ended Aug 31, 2016), unchanged from $8,000 a year earlier and unchanged from the prior quarter.

Analysis

Novagold Resources (NG) Depreciation and Depletion (2013 - 2016) Analysis & Trends

On a trailing twelve-month basis, Novagold Resources' Depreciation and Depletion was $34,000 through Aug 31, 2016, down 2.9% year-over-year; for FY2015 (ended Nov 30, 2015), it was $35,000, down 2.8% from FY2014.

  • Depreciation and Depletion has now declined for four consecutive fiscal years, with a four-year compound annual growth rate of -57.8% (FY2011 to FY2015).
  • In earlier fiscal years, Depreciation and Depletion was $36,000 in FY2014 (-2.7%), $37,000 in FY2013 (-64.4%), $104,000 in FY2012 (-90.6%) and $1.11 million in FY2011.
  • Quarterly Depreciation and Depletion has moved between $8,000 (fiscal Q4 2013) and $10,000 (fiscal Q1 2014) over five years.
  • Compared with a year earlier, Depreciation and Depletion was higher in two of the last eight quarters, with an average decline of 0.9%.
  • The best year-over-year quarter for Depreciation and Depletion over five years was fiscal Q2 2015 (growth of 12.5%); the worst was fiscal Q2 2014 (a decline of 11.1%).
  • Per Business Quant data, NG's Depreciation and Depletion in the three fiscal quarters before Q3 2016 was $8,000 (Q2 2016), $9,000 (Q1 2016) and $9,000 (Q4 2015).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Depletion (Qtr)
1 Rio Tinto 193.68 Bn 159.81 Bn - -
2 Southern Copper 166.32 Bn 145.19 Bn 2.90 Bn -
3 Newmont 120.84 Bn 89.01 Bn 4.03 Bn -
4 Ternium 110.94 Bn 75.99 Bn 941.02 Mn -
5 Freeport-Mcmoran 99.52 Bn 95.67 Bn 2.19 Bn -
6 Agnico Eagle Mines 90.25 Bn 90.25 Bn 2.43 Bn -
7 Barrick Mining 67.10 Bn 51.84 Bn 2.90 Bn 555.00 Mn
8 Nucor 53.52 Bn 44.06 Bn 2.03 Bn 320.00 Mn
9 ArcelorMittal 49.13 Bn 30.16 Bn - -
10 Novagold Resources 2.82 Bn 2.82 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Aug 31, 2016 8,000.00
May 31, 2016 8,000.00
Feb 29, 2016 9,000.00
Nov 30, 2015 9,000.00
Aug 31, 2015 8,000.00
May 31, 2015 9,000.00
Feb 28, 2015 9,000.00
Nov 30, 2014 9,000.00
Aug 31, 2014 9,000.00
May 31, 2014 8,000.00
Feb 28, 2014 10,000.00
Nov 30, 2013 8,000.00
Aug 31, 2013 10,000.00
May 31, 2013 9,000.00
Feb 28, 2013 10,000.00
API Access

Novagold Resources Depreciation and Depletion 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=depreciation-and-depletion&ticker=NG&period=max&api_key=YOUR_API_KEY