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
DateValue
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