NYSE$NG
Novagold Resources Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Released its 2022 fiscal year financial results and an update on Donlin Gold.
NOVAGOLD released its 2022 fiscal year financial results, highlighting the successful 2022 drill program at Donlin Gold and a healthy treasury of $126 million in cash and term deposits.
- The 2022 drill program at Donlin Gold delivered excellent results, supporting next steps for the project.
- NOVAGOLD has a healthy treasury of $126 million in cash and term deposits, with $25 million of receivables expected in 2023.
- Donlin Gold achieved zero Lost-Time-Incidents in 2022, demonstrating a commitment to health and safety.
- Continued engagement with local communities and Alaska Native Corporation partners is a priority.
Headline financials
Revenue & EPS history
Novagold · Revenue · Quarterly
$0
Forward guidance
NOVAGOLD anticipates spending approximately $31 million in 2023, with a focus on advancing the Donlin Gold project toward a construction decision.
Tailwinds
- Continue to advance the Donlin Gold project toward a construction decision.
- Maintain or increase support for Donlin Gold among the project’s stakeholders.
- Promote a strong safety, sustainability, and environmental culture.
- Maintain a peer-leading reputation for NOVAGOLD, its governance practices and its project among shareholders.
- Manage the Company’s treasury effectively and efficiently.
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 2022
-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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