Novagold Resources (NG) Tax Provisions (2014 - 2024)
Novagold Resources' (NG) quarterly Tax Provisions came in at -$815000.0 in Q4 2024, up 93.58% YoY from -$421007.6 in Q4 2023, and down 622.44% on a QoQ basis from $156000.0 in Q3 2024.
Novagold Resources (NG) Tax Provisions (2014 - 2024) Analysis & Trends
Novagold Resources (NG) has 11 years of Tax Provisions data on file, last reported at -$815000.0 in Q4 2024.
- Quarterly Tax Provisions rose 93.58% year-over-year to -$815000.0 in Q4 2024, while the trailing twelve-month figure through Aug 2025 was -$815000.0 (up 93.12% YoY) and the FY2024 annual result came in at $40000.0, up 100.32% from the prior year.
- Tax Provisions declined to -$815000.0 in Q4 2024, from $156000.0 in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $599000.0 in Q2 2024 to a low of -$12.7 million in Q4 2023.
- A 5-year average of -$1.0 million and a median of $100000.0 in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2021 — Tax Provisions surged 101.71% — and 2023, when it sank 38387.88%.
- Tracing NG's Tax Provisions over 5 years: stood at -$1.6 million in 2020, then soared by 101.71% to $27000.0 in 2021, then slumped by 222.22% to -$33000.0 in 2022, then slumped by 38387.88% to -$12.7 million in 2023, then surged by 93.58% to -$815000.0 in 2024.
- The last three Tax Provisions figures came in at -$815000.0 (Q4 2024), $156000.0 (Q3 2024), and $599000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 952.00 Mn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 722.40 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 732.00 Mn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 101.80 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | -468.00 Mn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | -179,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 58.24 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 93.24 Mn |
| 10 | Novagold Resources | 3.83 Bn | 3.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Nov 30, 2024 | -815,000.00 |
| Aug 31, 2024 | 156,000.00 |
| May 31, 2024 | 599,000.00 |
| Feb 29, 2024 | 100,000.00 |
| Nov 30, 2023 | -12.70 Mn |
| Feb 28, 2023 | 75,000.00 |
| Nov 30, 2022 | -33,000.00 |
| Nov 30, 2021 | 27,000.00 |
| Aug 31, 2021 | 110,000.00 |
| Nov 30, 2020 | -1.58 Mn |
| Aug 31, 2020 | 266,000.00 |
| May 31, 2020 | 264,000.00 |
| Feb 29, 2020 | 264,000.00 |
| Nov 30, 2019 | -975,000.00 |
| Aug 31, 2019 | 259,000.00 |
| May 31, 2019 | 356,000.00 |
| Feb 28, 2019 | 357,000.00 |
| Nov 30, 2018 | -8.48 Mn |
| Aug 31, 2018 | 9,000.00 |
| May 31, 2018 | 79,000.00 |