NovaGold Resources Stock

NovaGold Resources Net Income 2024

NovaGold Resources Net Income

-44.8 M USD

Ticker

NG

ISIN

CA66987E2069

WKN

905542

In 2024, NovaGold Resources's profit amounted to -44.8 M USD, a -4.28% increase from the -46.8 M USD profit recorded in the previous year.

The NovaGold Resources Net Income history

YEARNET INCOME (undefined USD)
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NovaGold Resources Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
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Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into NovaGold Resources, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by NovaGold Resources from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects NovaGold Resources’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of NovaGold Resources. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into NovaGold Resources’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing NovaGold Resources’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on NovaGold Resources’s growth potential.

NovaGold Resources Revenue, EBIT and net profit per share

DateNovaGold Resources RevenueNovaGold Resources EBITNovaGold Resources Net Income
2026e0 undefined-16.48 M undefined-32.74 M undefined
2025e0 undefined-16.48 M undefined-29.29 M undefined
2024e0 undefined-27.81 M undefined-44.8 M undefined
20230 undefined-21.78 M undefined-46.8 M undefined
20220 undefined-20.11 M undefined-53.34 M undefined
20210 undefined-20.21 M undefined-40.54 M undefined
20200 undefined-18.74 M undefined-33.56 M undefined
20190 undefined-16.32 M undefined-27.76 M undefined
20180 undefined-18.49 M undefined-112.77 M undefined
20170 undefined-20.8 M undefined-39.02 M undefined
20160 undefined-20.18 M undefined-33.85 M undefined
20150 undefined-20.29 M undefined-31.95 M undefined

NovaGold Resources stock margins

The NovaGold Resources margin analysis displays the gross margin, EBIT margin, as well as the profit margin of NovaGold Resources. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for NovaGold Resources.
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Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the NovaGold Resources's sales revenue. A higher gross margin percentage indicates that the NovaGold Resources retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the NovaGold Resources's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the NovaGold Resources's total revenue generated. When comparing the revenue margin year over year, investors can gauge the NovaGold Resources's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the NovaGold Resources. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the NovaGold Resources's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

NovaGold Resources Margin History

NovaGold Resources Gross marginNovaGold Resources Profit marginNovaGold Resources EBIT marginNovaGold Resources Profit margin
2026e0 %0 %0 %
2025e0 %0 %0 %
2024e0 %0 %0 %
20230 %0 %0 %
20220 %0 %0 %
20210 %0 %0 %
20200 %0 %0 %
20190 %0 %0 %
20180 %0 %0 %
20170 %0 %0 %
20160 %0 %0 %
20150 %0 %0 %

NovaGold Resources Aktienanalyse

What does NovaGold Resources do?

NovaGold Resources Inc. is a Canadian mining company that specializes in the exploration and development of gold, silver, and copper deposits. The company's activities primarily focus on the regions of Alaska and British Columbia in Canada. History: NovaGold was founded in 1984 and has since had a long history of mineral exploration and development. The company has focused on the exploration of gold and copper deposits in various regions of North America and has also received several awards for its exploration successes. In 2001, NovaGold entered into an agreement with Teck Cominco Ltd. to jointly develop the Galore Creek copper-gold-silver project in British Columbia. In 2006, NovaGold acquired Yellowknife Gold Mines (YGM) and became the full owner and operator of high-grade gold mining operations in the Northwest Territories of Canada. Business Model: NovaGold is a mining-related company that focuses on the exploration, development, and production of gold and copper deposits. Typically, the company acquires concessions for exploration areas and conducts exploration activities to identify potential mineral deposits. Once a deposit is found, the company undertakes development and exploitation of the area to enable mineral extraction. NovaGold also operates joint ventures with other mining companies, sharing both exploratory and operational project risks. Divisions: Currently, NovaGold has three main projects in various stages of exploration and development: 1. Donlin Gold: The Donlin Gold project in Alaska is a gold deposit currently in advanced development. NovaGold owns 50% of the project and operates it as a joint venture with Barrick Gold Corporation. Estimated reserves amount to 39.3 million ounces of gold. 2. Galore Creek: NovaGold owns 50% of the Galore Creek project in British Columbia, the largest undeveloped copper-gold-silver project in the world. The project is in the early development stage, but has the potential to become one of the largest mines in the world. 3. Ambler: The Ambler Mining District project in Alaska consists of several copper and precious metal deposits in various stages of exploration. NovaGold owns 50% of the project and operates it as a joint venture with DEMCI, Inc., a subsidiary of the Alaska Industrial Development and Export Authority (AIDEA). Products: NovaGold currently does not produce a final product, as the company focuses on the exploration and development of minerals. The company focuses on the extraction of gold, silver, and copper. Overall, NovaGold Resources Inc. has positioned itself as a key player in the mining industry in North America, specializing in the exploration, development, and production of gold, silver, and copper deposits. With its three large projects in different stages of development, the company is well positioned to continue creating value for its investors in the future. NovaGold Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding NovaGold Resources's Profit Margins

The profit margins of NovaGold Resources represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of NovaGold Resources's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating NovaGold Resources's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

NovaGold Resources's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When NovaGold Resources’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about NovaGold Resources stock

How much profit has NovaGold Resources made this year?

NovaGold Resources has made -44.8 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -4.28% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does NovaGold Resources publish its earnings?

NovaGold Resources publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of NovaGold Resources?

The profits of NovaGold Resources are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of NovaGold Resources?

You can learn more about the earnings of NovaGold Resources by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does NovaGold Resources pay?

Over the past 12 months, NovaGold Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, NovaGold Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of NovaGold Resources?

The current dividend yield of NovaGold Resources is .

When does NovaGold Resources pay dividends?

NovaGold Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of NovaGold Resources?

NovaGold Resources paid dividends every year for the past 0 years.

What is the dividend of NovaGold Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is NovaGold Resources located?

NovaGold Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von NovaGold Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of NovaGold Resources from 12/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 12/4/2024.

When did NovaGold Resources pay the last dividend?

The last dividend was paid out on 12/4/2024.

What was the dividend of NovaGold Resources in the year 2023?

In the year 2023, NovaGold Resources distributed 0 USD as dividends.

In which currency does NovaGold Resources pay out the dividend?

The dividends of NovaGold Resources are distributed in USD.

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Andere Kennzahlen von NovaGold Resources

Our stock analysis for NovaGold Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NovaGold Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.