NYSE$NG
Novagold Resources Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Released its 2020 year-end financial results and provided an update on its Donlin Gold project.
NOVAGOLD released its 2020 year-end financial results, highlighting the successful completion of a comprehensive drill program at Donlin Gold despite challenges posed by the COVID-19 pandemic. The company also emphasized its commitment to supporting local communities and advancing the Donlin Gold project towards a construction decision.
- Donlin Gold successfully completed a comprehensive drill program, the largest in 12 years, despite COVID-19 challenges, with zero cases on site and no Lost-Time Incidents.
- The company provided much-needed support to the surrounding communities in the Y-K region in Alaska, including food, supplies, and partnerships on community engagement.
- NOVAGOLD secured the receipt of the Right of Way (ROW) authorization and other land leases and permits for the transportation and fiber optic line facilities for the Donlin Gold project.
- NOVAGOLD has a strong cash position with approximately $121.9 million in cash and term deposits as of November 30, 2020, and expects its cash position to improve in 2021.
Headline financials
Revenue & EPS history
Novagold · Revenue · Quarterly
$0
Forward guidance
NOVAGOLD anticipates spending approximately $31 to $35 million in 2021, with a focus on advancing the Donlin Gold project toward a construction decision, maintaining stakeholder support, promoting safety and sustainability, preserving a healthy balance sheet, and maintaining a favorable reputation.
Tailwinds
- Continue to advance the Donlin Gold project toward a construction decision
- Maintain support for Donlin Gold among the project’s stakeholders
- Promote a strong safety, sustainability, and environmental culture
- Maintain a favorable reputation of NOVAGOLD
- Preserve a healthy balance sheet
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2020
-1.0%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+1.9%
Avg return
30 days after
51%
28 / 55 earnings
Positive
+14.8%
Q3 2025
Best reaction
-17.0%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +12.5% | -3.2% | — | |
| Q4 2025 | +5.2% | +17.5% | +7.8% | |
| Q3 2025 | +14.8% | +9.8% | -5.8% | |
| Q2 2025 | +0.8% | +9.8% | +21.6% | |
| Q1 2025 | +2.1% | -10.6% | +43.2% | |
| Q4 2024 | -6.8% | -5.0% | -5.6% | |
| Q3 2024 | -12.3% | -19.3% | -16.9% | |
| Q2 2024 | +2.5% | -4.0% | +34.2% | |
| Q1 2024 | -5.6% | -0.6% | -5.9% | |
| Q4 2023 | -14.4% | -19.3% | -30.8% | |
| Q3 2023 | -3.1% | -0.8% | +0.6% | |
| Q2 2023 | -14.1% | -13.4% | -7.4% | |
| Q1 2023 | -5.0% | -4.9% | -10.6% | |
| Q4 2022 | -6.3% | -10.2% | -20.7% | |
| Q3 2022 | -3.7% | -7.5% | -10.8% | |
| Q2 2022 | -11.4% | -9.9% | -10.1% | |
| Q1 2022 | -3.5% | -1.1% | -26.0% | |
| Q4 2021 | -9.8% | -3.2% | +3.5% | |
| Q3 2021 | +2.4% | +5.7% | +8.8% | |
| Q2 2021 | -0.7% | +5.9% | -0.6% | |
| Q1 2021 | +8.9% | +7.6% | +5.1% | |
| Q4 2020 | +5.6% | +6.8% | -6.9% | |
| Q3 2020 | -2.6% | -5.7% | -12.3% | |
| Q2 2020 | -2.1% | +0.5% | +0.2% | |
| Q1 2020 | +11.1% | +19.6% | +54.5% | |
| Q4 2019 | +4.2% | +2.3% | +6.2% | |
| Q3 2019 | +4.4% | +7.1% | +19.9% | |
| Q2 2019 | +5.3% | +1.8% | +14.4% | |
| Q1 2019 | +4.7% | +5.7% | -3.9% | |
| Q4 2018 | -2.2% | +2.8% | +9.5% | |
| Q3 2018 | +6.2% | +8.4% | +13.3% | |
| Q2 2018 | -1.6% | +1.8% | -0.9% | |
| Q1 2018 | -1.5% | +1.8% | +9.8% | |
| Q4 2017 | -2.5% | -4.5% | +2.0% | |
| Q3 2017 | -1.9% | +1.7% | -1.4% | |
| Q2 2017 | +5.3% | -0.2% | +0.2% | |
| Q1 2017 | +0.2% | +0.4% | -17.7% | |
| Q4 2016 | +0.4% | -0.4% | +12.8% | |
| Q3 2016 | -17.0% | -26.2% | -2.7% | |
| Q2 2016 | -5.3% | +6.1% | +4.1% | |
| Q1 2016 | +2.7% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | -5.8% | — | — | |
| Q1 2014 | +7.2% | — | — | |
| Q4 2014 | -8.8% | — | — | |
| Q1 2013 | +2.7% | — | — | |
| Q4 2011 | +0.3% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q3 2013 | -6.7% | — | — | |
| Q2 2013 | +0.5% | — | — | |
| Q4 2013 | -9.9% | — | — |
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