Novagold Resources (NG) Prepaid Assets (2015 - 2026)
Novagold Resources (NG) reported Prepaid Assets of $640,000 for fiscal Q2 2026 (quarter ended May 31, 2026), up 22.6% from $522,000 a year earlier but down 18.9% from the prior quarter.
Novagold Resources (NG) Prepaid Assets (2015 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Novagold Resources posted Prepaid Assets of $1.04 million, down 14.1% from FY2024.
- Prepaid Assets has a five-year compound annual growth rate of -4.3% (FY2020 to FY2025).
- By fiscal year, Prepaid Assets came in at $1.21 million in FY2024 (+7.3%), $1.13 million in FY2023 (-13.3%), $1.3 million in FY2022 and $25,000 in FY2021 (-98.1%).
- Five-year quarterly Prepaid Assets spans a low of $25,000 in fiscal Q4 2021 and a high of $1.3 million in fiscal Q4 2022.
- Year over year, Prepaid Assets gained in four of the last eight quarters, with an average decline of 2.5%.
- The high point for year-over-year Prepaid Assets in five years was fiscal Q3 2021 (growth of 216.3%); the low point was fiscal Q4 2021 (a decline of 98.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at $789,000 (Q1 2026), $1.04 million (Q4 2025) and $221,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Novagold Resources | 2.85 Bn | 2.85 Bn | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 640,000.00 |
| Feb 28, 2026 | 789,000.00 |
| Nov 30, 2025 | 1.04 Mn |
| Aug 31, 2025 | 221,000.00 |
| May 31, 2025 | 522,000.00 |
| Feb 28, 2025 | 928,000.00 |
| Nov 30, 2024 | 1.21 Mn |
| Aug 31, 2024 | 381,000.00 |
| May 31, 2024 | 831,000.00 |
| Feb 29, 2024 | 853,000.00 |
| Nov 30, 2023 | 1.13 Mn |
| Aug 31, 2023 | 255,000.00 |
| May 31, 2023 | 611,000.00 |
| Feb 28, 2023 | 969,000.00 |
| Nov 30, 2022 | 1.30 Mn |
| Aug 31, 2022 | 250,000.00 |
| May 31, 2022 | 611,000.00 |
| Feb 28, 2022 | 959,000.00 |
| Nov 30, 2021 | 25,000.00 |
| Aug 31, 2021 | 484,000.00 |
Novagold Resources Prepaid Assets 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=prepaid-assets&ticker=NG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();