Novagold Resources (NG) Tax Provisions (2014 - 2024)

Novagold Resources (NG) reported Tax Provisions of -$131000.0 for Q4 2024, down 263.89% on a YoY basis from $79932.2 in Q4 2023, and down 183.97% quarter-over-quarter from $156000.0 in Q3 2024.

Novagold Resources (NG) Tax Provisions (2014 - 2024) Analysis & Trends

Novagold Resources has reported Tax Provisions for 11 years, with the latest figure at -$131000.0 in Q4 2024.

  • For the quarter ending Q4 2024, Tax Provisions fell 263.89% year-over-year to -$131000.0; the trailing twelve-month figure through Aug 2025 stood at -$131000.0 (down 116.0% YoY), and the FY2024 full-year result was $724000.0, up 1756.41% from the prior year.
  • Tax Provisions for Q4 2024 stood at -$131000.0, down from $156000.0 in the prior quarter.
  • The five-year high for Tax Provisions was $599000.0 in Q2 2024, with the low at -$824000.0 in Q4 2020.
  • Historically, Tax Provisions has averaged $64384.6 across 5 years, with a median of $100000.0 in 2024.
  • Annual changes were most pronounced in 2021 — Tax Provisions soared 103.28% — and 2024, when it sank 263.89%.
  • Novagold Resources' Tax Provisions stood at -$824000.0 in 2020, then soared by 103.28% to $27000.0 in 2021, then slumped by 222.22% to -$33000.0 in 2022, then dropped by 9.09% to -$36000.0 in 2023, then slumped by 263.89% to -$131000.0 in 2024.
  • The last three Tax Provisions figures came in at -$131000.0 (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 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - 1.12 Mn
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 747.00 Mn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn -
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn -465.20 Mn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 1.40 Bn
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -
10 Novagold Resources 2.99 Bn 2.87 Bn - -

Historic Data

Download Data
DateValue
Nov 30, 2024 -131,000.00
Aug 31, 2024 156,000.00
May 31, 2024 599,000.00
Feb 29, 2024 100,000.00
Nov 30, 2023 -36,000.00
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 -824,000.00
Aug 31, 2020 266,000.00
May 31, 2020 264,000.00
Feb 29, 2020 264,000.00
Nov 30, 2019 -365,000.00
Aug 31, 2019 259,000.00
May 31, 2019 356,000.00
Feb 28, 2019 357,000.00
Nov 30, 2018 292,000.00
Aug 31, 2018 9,000.00
May 31, 2018 79,000.00