Novagold Resources (NG) Purchase of Investments (2013 - 2026)
Novagold Resources (NG) reported Purchase of Investments of $30 million for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 85.7% from $210.05 million a year earlier but up 76.5% from the prior quarter.
Novagold Resources (NG) Purchase of Investments (2013 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Novagold Resources' Purchase of Investments came in at $322 million, up 9.5% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $210.05 million, up 76.5% from FY2024.
- Purchase of Investments has a five-year compound annual growth rate of 28.1% (FY2020 to FY2025).
- By fiscal year, Purchase of Investments came in at $119 million in FY2024 (-28.3%), $166 million in FY2023 (+25.8%), $132 million in FY2022 (-16.9%) and $158.8 million in FY2021 (+160.3%).
- Five-year quarterly Purchase of Investments spans a low of $8 million in fiscal Q2 2022 and a high of $275 million in fiscal Q1 2026.
- The high point for year-over-year Purchase of Investments in five years was fiscal Q2 2023 (growth of 675.0%); the low point was fiscal Q3 2026 (a decline of 85.7%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Investments Purchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 164.02 Bn | 133.06 Bn | - | - |
| 2 | Southern Copper | 154.30 Bn | 133.16 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 135.37 Bn | 95.87 Bn | - | - |
| 4 | Newmont | 113.13 Bn | 78.45 Bn | 4.22 Bn | 31.00 Mn |
| 5 | Freeport-Mcmoran | 93.66 Bn | 89.81 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 86.95 Bn | 76.58 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 63.88 Bn | 48.62 Bn | 2.90 Bn | - |
| 8 | Nucor | 58.56 Bn | 49.10 Bn | 2.03 Bn | 16.00 Mn |
| 9 | ArcelorMittal | 45.28 Bn | 26.31 Bn | - | -229.00 Mn |
| 10 | Novagold Resources | 2.63 Bn | 2.17 Bn | - | 30.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 30.00 Mn |
| May 31, 2026 | 17.00 Mn |
| Feb 28, 2026 | 275.00 Mn |
| Nov 30, 2025 | -188.00 Mn |
| Aug 31, 2025 | 344.05 Mn |
| May 31, 2025 | 25.00 Mn |
| Nov 30, 2024 | 59.00 Mn |
| May 31, 2024 | 60.00 Mn |
| Nov 30, 2023 | 80.00 Mn |
| Aug 31, 2023 | 24.00 Mn |
| May 31, 2023 | 62.00 Mn |
| Nov 30, 2022 | 62.00 Mn |
| Aug 31, 2022 | 62.00 Mn |
| May 31, 2022 | 8.00 Mn |
| Nov 30, 2021 | 78.00 Mn |
| Aug 31, 2021 | 25.00 Mn |
| May 31, 2021 | 30.80 Mn |
| Feb 28, 2021 | 25.00 Mn |
| Nov 30, 2020 | 15.00 Mn |
| May 31, 2020 | 11.00 Mn |
Novagold Resources Purchase of Investments 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=purchase-of-investments&ticker=NG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "purchase-of-investments", "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=purchase-of-investments&ticker=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();