What is NovaGold Resources's return on equity?

NovaGold Resources (NG) reported return on equity of -30.1% in Q1 2026.

What is the long-term trend for NovaGold Resources's return on equity?

Over 2 years (2020 to 2022), NovaGold Resources's return on equity has grown at a 91.1% compound annual growth rate (CAGR), from -27% to -98.6%.

What does return on equity mean?

Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

NovaGold Resources NG Return on equity

Return on equity at other companies

NewmontNEM

25.6%+8.7pp

Perpetua Resources Corp.PPTA

-30.7%+16.0pp

SSR MiningSSRM

6.8%+4.3pp

Coeur MiningCDE

12.1%+5.7pp

Hecla MiningHL

11.8%+8.3pp

Freeport-McMoRan Inc.FCX

25.5%+2.3pp

Other financials

Income statement

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Revenue-—

Operating income-$11.8M-24.9%

Net income-$25.5M-7.7%

EPS (diluted)-$0.03—

Balance sheet

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Cash & equivalents$78.2M-73.4%

Total debt$173.6M+9.4%

Total equity$421.0M+155%

Total assets$598.7M+81.8%

Cash flow

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Operating cash flow-$6.4M-293%

CapEx--100%

Free cash flow-$4.0M-181%

Valuation

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Market cap$3.17B+167%

Returns & leverage

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Debt / equity0.4×-0.5×

Current ratio112.8×+36.1×

Where this comes from

Calculated from NovaGold Resources’s reported figures.

net income/total stockholders equity=-30.1%

Based on trailing twelve months.

The official record: NovaGold Resources’s 10-Q, filed June 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NovaGold Resources's return on equity?: NovaGold Resources (NG) reported return on equity of -30.1% in Q1 2026.
What is the long-term trend for NovaGold Resources's return on equity?: Over 2 years (2020 to 2022), NovaGold Resources's return on equity has grown at a 91.1% compound annual growth rate (CAGR), from -27% to -98.6%.
What does return on equity mean?: Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.