NovaGold Resources Inc. (NG)
Chart Events
Performance Outlook
| Previous Close | 9.72 |
| Open | 9.58 |
| Bid | 9.32 x 1400 |
| Ask | 9.33 x 1100 |
| Day's Range | 9.30 - 9.64 |
| 52 Week Range | 7.93 - 12.10 |
| Volume | 900,967 |
| Avg. Volume | 875,601 |
| Market Cap | 3.108B |
| Beta (5Y Monthly) | 0.39 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.11 |
| Earnings Date | Jun 29, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 7.25 |
Fair Value
Related Research
- GlobeNewswire
NOVAGOLD Announces Voting Results from 2021 Annual and Special Meeting of Shareholders
A total of 237,189,817 or 71.58% of the Company’s issued and outstanding shares were represented at the Company’s Annual and Special MeetingAll four proposals presented to shareholders were approvedDuring the 2021 proxy season, NOVAGOLD placed outreach calls to shareholders holding more than 90% of the Company’s issued and outstanding common shares entitled to vote VANCOUVER, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the detailed voting results on the items of business considered at its Annual and Special Meeting of Shareholders held virtually on May 12, 2021 (the “Meeting”). All proposals were approved and all ten director nominees were elected. A total of 237,189,817 or 71.58% of the Company’s issued and outstanding shares entitled to vote were represented at the Meeting. Shareholder Engagement During this year’s proxy outreach, NOVAGOLD engaged with shareholders owning 40,000 shares or more; thus contacting holders of approximately 90% of the Company’s issued and outstanding common shares entitled to vote at the Meeting. Year-over-year the input received from shareholders has helped shape and improve the Company’s practices in the area of corporate governance. Shareholder Voting Results The Shareholders voted on the following matters at this year’s Meeting: Proposal 1 – Election of Directors The nominees listed in NOVAGOLD’s Management Information Circular were elected as Directors of the Company. Detailed results of the votes are set out below: Proposal 1Outcome of theVote Votes by BallotElection of Directors For WithheldDr. Elaine Dorward-KingCarried205,642,112(94.71%)11,471,114(5.28%)Sharon DowdallCarried215,042,413(99.04%)2,070,813(0.95%)Dr. Diane GarrettCarried215,636,682(99.31%)1,476,544(0.68%)Dr. Thomas KaplanCarried215,361,591(99.19%)1,751,635(0.80%)Gregory LangCarried216,325,254(99.63%)787,972(0.36%)Igor LeventalCarried213,776,468(98.46%)3,336,758(1.53%)Kalidas MadhavpeddiCarried212,681,016(97.95%)4,432,210(2.04%)Clynton NaumanCarried214,523,577(98.80%)2,589,649(1.19%)Ethan SchuttCarried215,639,976(99.32%)1,473,250(0.67%)Anthony WalshCarried216,098,688(99.53%)1,014,538(0.46%) Proposal 2 – Appointment of Auditors The vote was carried for the Appointment of the Auditors, PricewaterhouseCoopers LLP. The votes cast were as follows: For234,513,13198.87%Withheld2,676,6861.12% Proposal 3 – Approval of Amendments to the Company’s Articles. The vote was carried on the amendments to Articles. The votes cast were as follows: For214,920,46498.99%Against1,600,7120.73%Abstentions592,0500.27% Proposal 4: Advisory Approval of Executive Compensation (“Say-on-Pay”) The vote was carried on the Say-On-Pay Advisory Vote. The votes cast were as follows: For209,570,57096.52%Against6,849,7143.15%Abstentions692,9420.31% Full details of all proposals are fully described in the Company’s Management Information Circular dated March 25, 2021 available on the Company’s website at www.novagold.com/investors/mic/, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov, and the detailed results of voting on each proposal are included in the Report of Voting Results filed on SEDAR and in an 8-K filed on EDGAR. A recording of the Meeting will be available on NOVAGOLD’s website for one year under Presentations. NOVAGOLD Contacts:Mélanie HennesseyVice President, Corporate Communications Jason MercierManager, Investor Relations 604-669-6227 or 1-866-669-6227
- GlobeNewswire
NOVAGOLD Issues its 2020 Integrated Annual Report and Sustainability Summary with its Hallmark Questions and Answers Section
NOVAGOLD's 2020 Integrated Annual Report NOVAGOLD Issues its 2020 Integrated Annual Report and Sustainability Summary with its Hallmark Questions and Answers Section Highlights Significant Achievements in the Advancement of the Donlin Gold Project up the Value Chain and the Company’s Successful Implementation of the Very Best Practices in Environmental, Social, and Governance Policies A comprehensive letter to shareholders from our Chairman, Dr. Thomas S. Kaplan, entitled “Modern Monetary Theology for a World in Flux”, explores the dynamics of the current bull market in precious metals and the positive impact of cryptocurrencies for the gold narrative, assesses important geo-political shifts and the state of the gold industry as it relates to scarce Tier-One assets1 in Tier-One jurisdictions2 like Donlin Gold, jointly owned by NOVAGOLD and its 50% partner Barrick Gold Corporation, and provides in-depth answers to a broad range of questions frequently asked by our shareholders and other investors in the sector.Our President and CEO Greg Lang delivers a detailed account of the highly successful 2020 drill program undertaken by Donlin Gold, highlighting the most important achievements including superb safety performance with zero COVID-19 cases or Lost-Time Incidents on site, outstanding assay results from the 85-hole 23,361-meter drill program, in addition to strong and coordinated assistance to the native communities in the region, particularly at a time of need during the pandemic.An inaugural Sustainability Summary report which highlights NOVAGOLD’s and Donlin Gold’s steadfast commitment to the high standards of environmental, social, and governance (ESG) practices. VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) has published its 2020 Integrated Annual Report and Sustainability Summary (the “annual report”). This year’s annual report features two comprehensive messages to shareholders and NOVAGOLD’s hallmark Questions and Answers section. Dr. Thomas S. Kaplan’s Chairman’s Letter, entitled “Modern Monetary Theology for a World in Flux”, summarizes for fellow shareholders his thoughts on the current state of the gold industry and the emergence of cryptocurrencies; elaborates on his history with the Company as well as its strategy; speaks about NOVAGOLD’s strong alliances with Barrick Gold Corporation and our Native Corporation partners in Alaska; highlights the unique attributes of the Donlin Gold project; and presents the importance of the Company’s singular focus on sustainability and ESG as we bring Donlin Gold up the value chain. In NOVAGOLD’s President and CEO Message to Shareholders, Greg Lang summarizes the remarkable outcome of the highly successful 2020 Donlin Gold drill program. Despite being overshadowed by the COVID-19 pandemic, with zero COVID-19 cases or Lost-Time Incidents on site, the largest program of its kind in 12 years was completed on time and yielded outstanding results, with higher grade-thickness than had been predicted by previous modelling. Mr. Lang reinforces the Company’s ESG principles and its strong time-tested relationships with the project’s Native Corporation partners, Calista Corporation and The Kuskokwim Corporation, with whom NOVAGOLD and Donlin Gold are working to bring long-lasting benefits for future generations of residents in the Yukon-Kuskokwim region. In addition, he reviews the Company’s excellent financial position and outlines its 2021 goals and budget. The annual report is available on NOVAGOLD’s website www.novagold.com. If you would like to receive a hard copy by mail, please send an email request to info@novagold.com. NOVAGOLD welcomes comments, questions, or suggestions about the annual report and related information. Please send your feedback to info@novagold.com. NOVAGOLD Contacts: Mélanie Hennessey Vice President, Corporate Communications Jason Mercier Manager, Investor Relations 604-669-6227 or 1-866-669-6227 Cautionary Note Regarding Forward-Looking Statements This press release includes certain "forward-looking information” and "forward-looking statements” (collectively "forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included herein, including, without limitation, benefits to NOVAGOLD shareholders and the perceived merit of properties are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects”, "anticipates”, "believes”, "intends”, "estimates”, "potential”, "possible”, and similar expressions, or statements that events, conditions, or results "will”, "may”, "could”, or "should” occur or be achieved. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include those factors listed in the report and other risks and uncertainties disclosed in the Company’s Annual Report on Form 10-K for the year ended November 30, 2020 and subsequent Form 10-Q filed with Canadian securities regulatory authorities and with the United States Securities and Exchange Commission and in other Company reports and documents filed with applicable securities regulatory authorities from time to time. The Company's forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made. The Company assumes no obligation to update the forward-looking statements or beliefs, opinions, projections, or other factors, should they change, except as required by law. ____________________ 1 NOVAGOLD defines a Tier-One gold development project as one with a projected production life of at least 10 years, annual projected production of at least 500,000 ounces of gold, and average projected cash costs over the production life that are in the lower half of the industry cost curve.2 NOVAGOLD considers Tier-One jurisdictions to be any in the top 10 rank by the Investment Attractiveness Index in the Fraser Institute Annual Survey of Mining Companies, 2020. Alaska is ranked number 5. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e13bd80c-fac5-4596-a160-f3de3bca5a5a
- GlobeNewswire
SAVE THE DATE: NOVAGOLD 2021 Virtual Annual and Special Meeting of Shareholders
Annual and Special Meeting of Shareholders (the “Meeting”) on May 12, 2021 will be held in a virtual format at 1:00 p.m. PTShareholders may vote on matters before the Meeting by proxy, join the virtual Meeting, and submit questions either during the webcast or in advance by emailFollowing the Meeting, Chairman Dr. Thomas Kaplan and President and CEO Greg Lang will host a virtual presentation and webinar VANCOUVER, British Columbia, April 13, 2021 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) will hold the Company’s 2021 Meeting in a virtual format on Wednesday, May 12, 2021 at 1:00 p.m. PT (4:00 p.m. ET). Following the official Meeting, Chairman Thomas Kaplan and President and CEO Greg Lang will provide an overview of NOVAGOLD’s 2020 achievements and the outlook for this year. NOVAGOLD VIRTUAL MEETING AND SHAREHOLDER PARTICIPATION In light of COVID-19 and for the safety of our shareholders, employees, and other members of the community, our 2021 Meeting will be held in a virtual format only. Shareholders may cast their vote in advance by proxy and participate from any geographic location with internet connectivity. We believe this is an important step to enhancing accessibility to our annual Meeting for all of our shareholders, reducing the carbon footprint of our activities, and is particularly important this year taking into account public health and safety considerations posed by COVID-19. Shareholders may view a live webcast of the Meeting and registered shareholders as well as duly appointed proxyholders may submit questions digitally during the Meeting at www.virtualshareholdermeeting.com/NG2021. Questions may also be submitted to management and the Board prior to the Meeting via email at info@novagold.com. Shareholders are encouraged to log in to the Meeting 15 minutes prior to the scheduled start time. Have the 16-digit control number from your voting materials available when logging in to the Meeting. NOVAGOLD’s 2021 Management Information Circular and Annual Report to Accompany the Management Information Circular are available on the Company’s website, www.novagold.com/investors/mic/, on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov. NOVAGOLD Contacts:Mélanie HennesseyVice President, Corporate Communications Jason MercierManager, Investor Relations 604-669-6227 or 1-866-669-6227
