NovaGold Resources
NG

$4.52

2.96%

Market Cap: $1.51B

About: Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.

Employees: 13

Materials Gold & Silver Mining

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

29% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 49

17% more capital invested

Capital invested by funds: $560M [Q1] → $657M (+$97.2M) [Q2]

0.9% more ownership

Funds ownership: 55.72% [Q1] → 56.62% (+0.9%) [Q2]

5% less funds holding

Funds holding: 185 [Q1] → 175 (-10) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

32% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 31

51% less call options, than puts

Call options by funds: $775K | Put options by funds: $1.6M

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Research analyst outlook

We haven’t received any recent analyst ratings for NG.

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Financial journalist opinion

NovaGold Resources Inc. (NG) Q2 2024 Earnings Call Transcript

NovaGold Resources Inc. (NYSE:NG ) Q2 2024 Earnings Conference Call June 27, 2024 11:00 AM ET Company Participants Melanie Hennessey - Vice President, Corporate Communications Greg Lang - President & Chief Executive Officer David Ottewell - Vice President & Chief Financial Officer Conference Call Participants Fedor Shabalin - B. Riley Securities Operator Thank you for standing by.

NovaGold Resources Inc. (NG) Q2 2024 Earnings Call Transcript

NOVAGOLD Reports Second Quarter 2024 Financial Results

Determined to Advance Donlin Gold to an Updated Feasibility Decision Unlocking Value Through Ongoing Technical Work, Comprehensive Engagement and Proactive Social Outreach Efforts Robust Treasury of $113 Million in Cash and Term Deposits VANCOUVER, British Columbia, June 26, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) today released its 2024 second quarter financial results and an update on its Tier One1 gold development project, Donlin Gold, which NOVAGOLD owns equally with Barrick Gold Corporation (“Barrick”).

NOVAGOLD Reports Second Quarter 2024 Financial Results

NOVAGOLD Welcomes Peter Adamek as New Chief Financial Officer

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the appointment of Peter Adamek as Vice President and Chief Financial Officer (CFO) of the Company effective July 15, 2024. The appointment of Mr. Adamek comes following the retirement of NOVAGOLD's long-serving CFO, David Ottewell, capping off a successful career in the mining sector. Mr. Ottewell will stay on until July 15, 2024 to ensure a seamless transition.

NOVAGOLD Welcomes Peter Adamek as New Chief Financial Officer

SAVE THE DATE: NOVAGOLD 2024 Second Quarter Financial Results Release, Conference Call and Video Webcast

VANCOUVER, British Columbia, June 13, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2024 second quarter financial results after market close on June 26, 2024. A conference call and video webcast to discuss these results will take place June 27, 2024, at 8:00 am PT (11:00 am ET).

SAVE THE DATE: NOVAGOLD 2024 Second Quarter Financial Results Release, Conference Call and Video Webcast

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NOVAGOLD Announces Election of Directors and Voting Results from 2024 Virtual Annual General Meeting of Shareholders

VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on May 16, 2024 (the “Meeting”). All proposals were approved and all ten director nominees were elected. A total of 270,432,207or 80.87% of the Company's issued and outstanding shares were represented at the Meeting.

NOVAGOLD Announces Election of Directors and Voting Results from 2024 Virtual Annual General Meeting of Shareholders

NOVAGOLD Announces Date of its 2024 Virtual Annual General Meeting of Shareholders

VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) will hold the Company's 2024 Annual General Meeting of Shareholders virtually on May 16, 2024 at 1:00 p.m. PST (4:00 p.m. EST). On this occasion, Shareholders will set the number of Directors at ten, elect Directors for the ensuing year, appoint external auditors, and cast a non-binding advisory vote on the Company's executive compensation program. Following the official Meeting, Chairman Dr. Thomas S. Kaplan and President and CEO Greg Lang will provide an overview of NOVAGOLD's 2023 achievements and provide their outlook for the remainder of 2024.

NOVAGOLD Announces Date of its 2024 Virtual Annual General Meeting of Shareholders

NOVAGOLD Releases 2023 Sustainability Report

VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) is pleased to publish its 2023 Sustainability Report (“Sustainability Report”) with a focus on our 2023 performance in the areas of environmental stewardship, health and safety, social responsibility and engagement, and corporate governance.

NOVAGOLD Releases 2023 Sustainability Report

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