Novagold Resources (NG) Equity Ratio (2014 - 2026)
Novagold Resources (NG) posted Equity Ratio of 0.7 for Q2 2026, down 1.95% quarter-over-quarter from 0.72 in Q1 2026, and up 40.1% year-on-year from 0.5 in Q2 2025.
Novagold Resources (NG) Equity Ratio (2014 - 2026) Analysis & Trends
Novagold Resources (NG) has reported Equity Ratio for 13 consecutive years, with 0.7 the latest figure, recorded in Q2 2026.
- Equity Ratio for Q2 2026 came in at 0.7, up 40.1% year-over-year; the trailing twelve-month figure through May 2026 was 0.7 (up 40.1% YoY), and the FY2025 annual result was 0.49, up 212.87% from the prior year.
- Equity Ratio was 0.7 for Q2 2026 at Novagold Resources, down from 0.72 in the prior quarter.
- Over five years, Equity Ratio peaked at 0.72 in Q1 2026 and troughed at 0.55 in Q1 2025.
- Average Equity Ratio over 5 years is 0.14, with a median of 0.16 recorded in 2023.
- Year-over-year, Equity Ratio slumped 111126.85% in 2024 and surged 322.12% in 2025.
- Over 5 years, Equity Ratio stood at 0.19 in 2022, then slumped by 132.84% to 0.06 in 2023, then plunged by 600.29% to 0.43 in 2024, then surged by 212.87% to 0.49 in 2025, then surged by 44.21% to 0.7 in 2026.
- Per Business Quant data, the three most recent Equity Ratio figures were 0.7 in Q2 2026, 0.72 in Q1 2026, and 0.49 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 0.70 |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 0.61 |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | - |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 0.94 |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | - |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 0.92 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 0.71 |
| 10 | Novagold Resources | 2.67 Bn | 2.67 Bn | - | 0.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 0.70 |
| Feb 28, 2026 | 0.72 |
| Nov 30, 2025 | 0.49 |
| Aug 31, 2025 | 0.51 |
| May 31, 2025 | 0.50 |
| Feb 28, 2025 | -0.55 |
| Nov 30, 2024 | -0.43 |
| Aug 31, 2024 | -0.33 |
| May 31, 2024 | -0.23 |
| Feb 29, 2024 | -0.13 |
| Nov 30, 2023 | -0.06 |
| Aug 31, 2023 | 0.00 |
| May 31, 2023 | 0.06 |
| Feb 28, 2023 | 0.14 |
| Nov 30, 2022 | 0.19 |
| Aug 31, 2022 | 0.25 |
| May 31, 2022 | 0.31 |
| Feb 28, 2022 | 0.36 |
| Nov 30, 2021 | 0.39 |
| Aug 31, 2021 | 0.43 |