Novagold Resources (NG) Enterprise Value (2012 - 2026)
Novagold Resources' Enterprise Value came in at $3.68 billion for fiscal Q2 2026 (quarter ended May 31, 2026), up 216.5% from $1.16 billion a year earlier but down 35.7% from the prior quarter.
Powered by 
Analysis
Novagold Resources (NG) Enterprise Value (2012 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Novagold Resources reported Enterprise Value of $3.39 billion, up 225.9% 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 four consecutive quarters, with growth averaging 131.4% 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 $5.73 billion (Q1 2026), $4.04 billion (Q4 2025) and $2.73 billion (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 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 |
| 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 | - |
| 10 | Novagold Resources | 2.92 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Aug 31, 2021 | 2.28 Bn |
API Access
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_KEYimport 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();