Novagold Resources (NG) Interest Expenses (2013 - 2026)
Novagold Resources (NG) posted Interest Expenses of $3.6 million for Q1 2026, down 1.8% quarter-over-quarter from $3.7 million in Q4 2025, and up 1.18% year-on-year from $3.6 million in Q1 2025.
Novagold Resources (NG) Interest Expenses (2013 - 2026) Analysis & Trends
Novagold Resources (NG) has reported Interest Expenses for 13 consecutive years, with $3.6 million the latest figure, recorded in Q1 2026.
- Interest Expenses for Q1 2026 came in at $3.6 million, up 1.18% year-over-year; the trailing twelve-month figure through May 2026 was $11.1 million (down 24.67% YoY), and the FY2025 annual result was $14.8 million, changed 0.0% from the prior year.
- Interest Expenses was $3.6 million for Q1 2026 at Novagold Resources, down from $3.7 million in the prior quarter.
- Over five years, Interest Expenses peaked at $3.8 million in Q3 2024 and troughed at $1.5 million in Q1 2022.
- Average Interest Expenses over 5 years is $3.2 million, with a median of $3.6 million recorded in 2025.
- Year-over-year, Interest Expenses soared 94.71% in 2023 and decreased 0.86% in 2025.
- Over 5 years, Interest Expenses stood at $2.6 million in 2022, then surged by 35.28% to $3.5 million in 2023, then advanced by 4.84% to $3.6 million in 2024, then climbed by 0.88% to $3.7 million in 2025, then slipped by 1.8% to $3.6 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $3.6 million in Q1 2026, $3.7 million in Q4 2025, and $3.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -39.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -762,000.00 |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 1.41 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -2.22 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | -800,000.00 |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -19.00 Mn |
| 10 | Novagold Resources | 2.67 Bn | 2.67 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 3.61 Mn |
| Feb 28, 2026 | 3.61 Mn |
| Nov 30, 2025 | 3.67 Mn |
| Nov 30, 2025 | 3.67 Mn |
| Aug 31, 2025 | 3.83 Mn |
| Aug 31, 2025 | 3.83 Mn |
| May 31, 2025 | 3.71 Mn |
| May 31, 2025 | 3.71 Mn |
| Feb 28, 2025 | 3.57 Mn |
| Feb 28, 2025 | 3.57 Mn |
| Nov 30, 2024 | 3.64 Mn |
| Nov 30, 2024 | 3.64 Mn |
| Aug 31, 2024 | 3.83 Mn |
| Aug 31, 2024 | 3.83 Mn |
| May 31, 2024 | 3.70 Mn |
| May 31, 2024 | 3.70 Mn |
| Feb 29, 2024 | 3.60 Mn |
| Feb 29, 2024 | 3.60 Mn |
| Nov 30, 2023 | 3.47 Mn |
| Nov 30, 2023 | 3.47 Mn |