BackNovagold Resources Overview

Novagold Resources EBIT

Latest ebit for NG: $-33M, below the Materials sector average of $15B.

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Quarterly EBIT

-$25.79M
49.01% YoY

As of May 31, 2026

Annual EBIT (TTM)

-$32.71M
56.22% YoY

Trailing 12 months ending May 31, 2026

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Novagold Resources (NG) FAQ

Novagold Resources (NG) currently reports a EBIT of $-33M as of May 2026. That compares with $-75M in the prior-year period — up 56.2% year over year. That is below the Materials sector average of $15B. Use the charts on this page to explore Novagold Resources's EBIT history and peer comparisons.

Novagold Resources's EBIT increased from $-75M to $-33M — a 56.2% year-over-year increase (period ending May 2026). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Novagold Resources's EBIT of $-33M is lower than the Materials sector average of $15B. That is roughly 100.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Novagold Resources reported $-33M in EBIT as of May 2026. That compares with $-75M in the prior-year period — up 56.2% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-33M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Materials average is $15B. From there, open related valuation or income-statement pages for Novagold Resources, and consider following NG for alerts when major investors trade the stock.