Novagold Resources (NG) Enterprise Value (2012 - 2026)
Novagold Resources' Enterprise Value came in at $3.63 billion for fiscal Q3 2026 (quarter ended Aug 31, 2026), up 33.1% from $2.73 billion a year earlier but down 1.5% from the prior quarter.
Novagold Resources (NG) Enterprise Value (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Novagold Resources reported Enterprise Value of $3.32 billion, up 40.9% year-over-year; for FY2025 (ended Nov 30, 2025), it was $4.04 billion, up 241.4% from FY2024.
- Enterprise Value carries a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- Going back by fiscal year, Enterprise Value was $1.18 billion in FY2024 (-12.9%), $1.36 billion in FY2023 (-27.1%), $1.86 billion in FY2022 (-13.5%) and $2.15 billion in FY2021 (-33.4%).
- The five-year range for quarterly Enterprise Value is $791.74 million (fiscal Q1 2024) to $5.73 billion (fiscal Q1 2026).
- Year-over-year, Enterprise Value has increased for five consecutive quarters, with growth averaging 135.1% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in fiscal Q1 2026 (growth of 490.3%), and the weakest in fiscal Q1 2024 (a decline of 56.3%).
- Business Quant data shows NG's Enterprise Value at $3.68 billion (Q2 2026), $5.73 billion (Q1 2026) and $4.04 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - |
| 10 | Novagold Resources | 2.86 Bn | 2.40 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 3.63 Bn |
| May 31, 2026 | 3.68 Bn |
| Feb 28, 2026 | 5.73 Bn |
| Nov 30, 2025 | 4.04 Bn |
| Aug 31, 2025 | 2.73 Bn |
| May 31, 2025 | 1.16 Bn |
| Feb 28, 2025 | 969.97 Mn |
| Nov 30, 2024 | 1.18 Bn |
| Aug 31, 2024 | 1.38 Bn |
| May 31, 2024 | 1.26 Bn |
| Feb 29, 2024 | 791.74 Mn |
| Nov 30, 2023 | 1.36 Bn |
| Aug 31, 2023 | 1.33 Bn |
| May 31, 2023 | 1.67 Bn |
| Feb 28, 2023 | 1.81 Bn |
| Nov 30, 2022 | 1.86 Bn |
| Aug 31, 2022 | 1.41 Bn |
| May 31, 2022 | 1.79 Bn |
| Feb 28, 2022 | 2.25 Bn |
| Nov 30, 2021 | 2.15 Bn |
Novagold Resources Enterprise Value 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=enterprise-value&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();