Novagold Resources NG
NYSE NG
$8.73 +0.07 (+0.75%)
As of: Aug 21, 2026 · 3:59 PM EDT

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
DateValue
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