Novagold Resources (NG) Invested Capital (2014 - 2026)
Novagold Resources (NG) reported Invested Capital of $594.67 million for fiscal Q2 2026 (quarter ended May 31, 2026), up 83.5% from $324.07 million a year earlier but down 3.2% from the prior quarter.
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Analysis
Novagold Resources (NG) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025 (ended Nov 30, 2025), Novagold Resources posted Invested Capital of $330.09 million, up 217.1% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- By fiscal year, Invested Capital came in at $104.11 million in FY2024 (-19.0%), $128.53 million in FY2023 (-16.3%), $153.59 million in FY2022 (-20.8%) and $194.01 million in FY2021 (-12.0%).
- Five-year quarterly Invested Capital spans a low of $98.96 million in fiscal Q1 2025 and a high of $614.15 million in fiscal Q1 2026.
- Year over year, Invested Capital has now increased in each of the last five quarters, with growth averaging 143.9% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was fiscal Q1 2026 (growth of 520.6%); the low point was fiscal Q4 2022 (a decline of 20.8%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $614.15 million (Q1 2026), $330.09 million (Q4 2025) and $339.73 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | 71.30 Bn |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 20.70 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 40.50 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 24.55 Bn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 41.61 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 28.80 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 36.87 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 30.37 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 80.28 Bn |
| 10 | Novagold Resources | 2.85 Bn | 2.85 Bn | - | 594.67 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 594.67 Mn |
| Feb 28, 2026 | 614.15 Mn |
| Nov 30, 2025 | 330.09 Mn |
| Aug 31, 2025 | 339.73 Mn |
| May 31, 2025 | 324.07 Mn |
| Feb 28, 2025 | 98.96 Mn |
| Nov 30, 2024 | 104.11 Mn |
| Aug 31, 2024 | 110.07 Mn |
| May 31, 2024 | 116.58 Mn |
| Feb 29, 2024 | 124.23 Mn |
| Nov 30, 2023 | 128.53 Mn |
| Aug 31, 2023 | 133.32 Mn |
| May 31, 2023 | 138.65 Mn |
| Feb 28, 2023 | 147.93 Mn |
| Nov 30, 2022 | 153.59 Mn |
| Aug 31, 2022 | 161.99 Mn |
| May 31, 2022 | 174.57 Mn |
| Feb 28, 2022 | 185.67 Mn |
| Nov 30, 2021 | 194.01 Mn |
| Aug 31, 2021 | 201.15 Mn |
API Access
Novagold Resources Invested Capital 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=invested-capital&ticker=NG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();