Novagold Resources (NG) Equity Ratio (2014 - 2026)

Novagold Resources (NG) reported Equity Ratio of 0.72 for Q1 2026, up 230.37% on a YoY basis from 0.22 in Q1 2025, and up 47.08% quarter-over-quarter from 0.49 in Q4 2025.

Novagold Resources (NG) Equity Ratio (2014 - 2026) Analysis & Trends

Novagold Resources has reported Equity Ratio for 13 years, with the latest figure at 0.72 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 230.37% year-over-year to 0.72; the trailing twelve-month figure through Feb 2026 stood at 0.72 (up 230.37% YoY), and the FY2025 full-year result was 0.49, up 212.87% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.72, up from 0.49 in the prior quarter.
  • The five-year high for Equity Ratio was 0.72 in Q1 2026, with the low at 0.55 in Q1 2025.
  • Historically, Equity Ratio has averaged 0.11 across 5 years, with a median of 0.14 in 2023.
  • Annual changes were most pronounced in 2024 — Equity Ratio plunged 111126.85% — and 2025, when it soared 322.12%.
  • Novagold Resources' Equity Ratio stood at 0.19 in 2022, then tumbled by 132.84% to 0.06 in 2023, then sank by 600.29% to 0.43 in 2024, then surged by 212.87% to 0.49 in 2025, then jumped by 47.08% to 0.72 in 2026.
  • The last three Equity Ratio figures came in at 0.72 (Q1 2026), 0.49 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 0.67
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 0.70
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 0.94
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 0.71
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 0.61
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -
10 Novagold Resources 2.99 Bn 2.87 Bn - 0.72

Historic Data

Download Data
DateValue
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
May 31, 2021 0.46