NG at a glance
NOVAGOLD RESOURCES INC (NG, SEC CIK 1173420) filed its latest 10-K annual report on January 22, 2026, a 10-Q quarterly report on June 24, 2026, an 8-K current report on October 5, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended November 30, 2025 (FY2025), NOVAGOLD RESOURCES INC (NG) reported revenue of $0 and a net loss of $94.7 million. Diluted EPS was -$0.25.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding NOVAGOLD RESOURCES INC (NG) shares worth $655.4 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $0
- 10-K XBRL
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 29 funds
- $655.4M · −1 vs prior quarter
- Latest 8-K
- Jul 22, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Nov 30, 2025
Business Overview
- Core business model: Advancing the Donlin Gold mining project in Alaska, no current gold production or operating earnings
- Ownership change: Paulson replaced Barrick as 50% owner of Donlin Gold LLC on June 3, 2025
- Employee count stable at 12 full-time, 54% women workforce reflecting strong diversity emphasis
- Amalgamation of Bermuda and Argentina subsidiaries into NOVAGOLD RESOURCES INC. as of December 1, 2024
- Zero recordable injuries or lost time incidents in 2025, underscoring strong health and safety performance
Risk Factors
- Regulatory/legal risk: Amendment to secured promissory note with Barrick requires repayment option by December 3, 2026, else $14.9M interest in FY 2026 at 8.75%
- Geopolitical/macroeconomic threat: Funding of Donlin Gold project $78.8M in FY 2026, 60% owned by NOVAGOLD, exposing company to project-specific capital and operational risks
- Operational/supply chain vulnerability: Increased site activity for Donlin Gold raised funding obligation 10% in Q3 2025, impacting cash use in operating/investing activities
- Competitive/market disruption risk: Significant market dilution risk from 37.7M potential common shares issuable from warrants, stock options, and PSUs outstanding
- Financial/structural risk: Large promissory note payable to Barrick at $166.3M principal plus semi-annual compounded interest exposes liquidity and leverage risk
Management Discussion & Analysis
- Revenue from equity investment in Donlin Gold reflecting 60% share of expenses; no direct revenue figures reported for 2025 vs 2024
- Operating loss increased due to 60% share of Donlin Gold expenses post $1B acquisition of additional 10% interest
- Best performing: Donlin Gold project advancement with $1B acquisition and $260.4M equity financings completed in 2025
- Worst performing segment: Operating loss from recording 60% share of Donlin Gold expenses, no profit reported
- Capital raised $260.4M via public offering ($195.2M) and private placement ($64.4M); $200M used to acquire additional Donlin Gold interest
- Management outlook: Advancing BFS with prime contractor selection in Q1 2026; project development contingent on permits, financing, market conditions, and regulatory risks
- Key emerging risk: Ongoing litigation over pipeline and water rights permits posing project development uncertainties
AI summary of the NG 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended May 31, 2026
Management Discussion & Analysis
- Net loss $25.5M, versus $54.3M YoY; loss per share $0.06 versus $0.15
- Operating loss increased $10.4M YoY from higher Donlin Gold BFS expenditures
- Donlin Gold funding $16.3M in Q2; fiscal 2026 guidance unchanged at $78.8M
- Cash resources $371.4M at May 31, 2026, including cash, term deposits, and marketable securities
- Private placement generated $310.2M gross proceeds; management expects additional capital for detailed engineering
Risk Factors
- Newly added risk: elevated energy prices tied to Iran-related geopolitics and Strait of Hormuz shipping disruptions
- Most materially updated risk: Donlin Gold cost estimates exposed to persistent inflation and higher energy prices
- Project economics risk: increased input costs could require additional financing or delay construction
- Operational risk: energy-cost inflation affecting transportation, equipment operation, labor, materials and contractors
- Market risk: prolonged global energy-supply disruptions could sustain higher oil and fuel prices
AI summary of the NG 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Proposed Transactions remain subject to regulatory, shareholder, court, and stock-exchange approvals
- NOVAGOLD expects to file a Schedule 14A proxy statement for shareholder approval
Item EX-99.1: Item EX-99.1
- NOVAGOLD to acquire Paulson’s 40% Donlin Gold interest, raising ownership to 100% through an all-share transaction
- New NG targets approximately US$4.2B equity value and expected NYSE listing, with closing targeted for Q4 2026
AI summaries of NG 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for NG
Don't miss the next NG filing
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| ADAMEK PETER | A | Sep 30, 2026 | 1,147 | $6.73 |
| WILLIAMS RICHARD ALAN | A | Sep 30, 2026 | 1,284 | $6.73 |
| Lang Gregory A. | A | Sep 30, 2026 | 2,467 | $6.73 |
| Whittaker Dawn Patricia | A | Sep 1, 2026 | 1,151 | - |
| KAPLAN THOMAS SCOTT | A | Sep 1, 2026 | 1,151.28 | - |
| MADHAVPEDDI KALIDAS V | A | Sep 1, 2026 | 576 | - |
| Schutt Ethan | A | Sep 1, 2026 | 576 | - |
| Erfan Ali | A | Sep 1, 2026 | 1,151 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $0 | $0 |
| Operating Income | -$40.3M | -$37.9M | -$47.3M |
| Net Income | -$46.8M | -$45.6M | -$94.7M |
| Balance Sheet | |||
| Total Assets | $133.3M | $109.8M | $335.9M |
| Equity | -$8.2M | -$47.4M | $163.8M |
| ROE | 569.2% | 96.2% | -57.8% |
| Per Share | |||
| EPS | $-0.14 | $-0.14 | $-0.25 |
| Cash Flow | |||
| Operating CF | -$7.8M | -$12.6M | -$14.0M |
Source: XBRL data in NOVAGOLD RESOURCES INC (NG)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate NG share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $655.4M |
| Q1 2026 | 30 | $978.0M |
| Q4 2025 | 27 | $1.04B |
| Q3 2025 | 27 | $950.7M |
| Q2 2025 | 28 | $371.1M |
| Q1 2025 | 23 | $186.7M |
| Q4 2024 | 19 | $202.0M |
| Q3 2024 | 14 | $149.6M |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 197 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
NG filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Oct 5, 2026 | - | - | - |
| 8-K | Oct 5, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 4 | Sep 3, 2026 | - | - | - |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 10-Q | Jun 24, 2026 | May 31, 2026 | Analysis | |
| 8-K | Jun 24, 2026 | - | Analysis | - |
| 4 | Jun 2, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - | |
| 4 | Jun 1, 2026 | - | - |
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NG SEC filings: frequently asked questions
Which institutions hold NG stock?
As of June 30, 2026, the largest NOVAGOLD RESOURCES INC (NG) holders among the 13F filers tracked by SignalX were Paulson & Co ($162.6 million), BlackRock ($130.0 million), FMR LLC (Fidelity) ($89.5 million), Vanguard Capital Management LLC ($59.3 million), D.E. Shaw & Co ($51.8 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was NG's revenue in fiscal year 2025?
For the fiscal year ended November 30, 2025 (FY2025), NOVAGOLD RESOURCES INC (NG) reported revenue of $0 and a net loss of $94.7 million. Diluted EPS was -$0.25. The figures come from the XBRL data in the 10-K.
What are the main risks in NG's latest 10-K?
In the 10-K filed January 22, 2026, NOVAGOLD RESOURCES INC (NG) flagged: Regulatory/legal risk: Amendment to secured promissory note with Barrick requires repayment option by December 3, 2026, else $14.9M interest in FY 2026 at 8.75%. Geopolitical/macroeconomic threat: Funding of Donlin Gold project $78.8M in FY 2026, 60% owned by NOVAGOLD, exposing company to project-specific capital and operational risks. (AI summary of the Risk Factors section.)
What did NG report in its latest 8-K?
NOVAGOLD RESOURCES INC (NG) filed an 8-K on July 22, 2026 reporting Item 7.01 (Regulation FD Disclosure). Proposed Transactions remain subject to regulatory, shareholder, court, and stock-exchange approvals.
What are the latest NG SEC filings?
NOVAGOLD RESOURCES INC (NG) filed its latest 10-K annual report on January 22, 2026, a 10-Q quarterly report on June 24, 2026, an 8-K current report on October 5, 2026 and a Form 4 insider filing on October 2, 2026.
What is NG's SEC CIK number?
NOVAGOLD RESOURCES INC (NG)'s SEC Central Index Key (CIK) is 1173420. EDGAR lists every NG filing under that number.
Ask anything about NG
The research agent reads NG's filings, financials, insider trades and 13F holders, then answers with sources.