Novagold Resources (NG) Depreciation and Depletion (2013 - 2025)
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.
Novagold Resources (NG) Depreciation and Depletion (2013 - 2025) 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 326.00 Mn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | - |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | - |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | -168.47 Mn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | - |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | - |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 567.00 Mn |
| 10 | Novagold Resources | 2.73 Bn | 2.28 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2025 | 1.26 Mn |
| Aug 31, 2025 | -137,000.00 |
| May 31, 2025 | -118,000.00 |
| Feb 28, 2025 | -119,000.00 |
| Nov 30, 2024 | 1.47 Mn |
| Aug 31, 2024 | -128,000.00 |
| May 31, 2024 | -140,000.00 |
| Feb 29, 2024 | -140,000.00 |
| Nov 30, 2023 | 1.57 Mn |
| Aug 31, 2023 | -141,000.00 |
| May 31, 2023 | -144,000.00 |
| Feb 28, 2023 | -139,000.00 |
| Nov 30, 2022 | 1.15 Mn |
| Aug 31, 2022 | -120,000.00 |
| May 31, 2022 | -86,000.00 |
| Feb 28, 2022 | -85,000.00 |
| Nov 30, 2021 | 834,000.00 |
| Aug 31, 2021 | -98,000.00 |
| May 31, 2021 | -69,000.00 |
| Feb 28, 2021 | -67,000.00 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();