Novagold Resources (TSX:NG) Marketable Securities: C$402.20 Mil (As of May. 2026)

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TSX:NG Novagold Resources Inc TSX:NG
33 GF Score
Price C$8.36
! 1 Warning Sign
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What is Novagold Resources Marketable Securities?

Novagold Resources TSX:NG +0.36% 33 Marketable Securities is C$402.20 Mil as of May. 2026. GuruFocus rates TSX:NG with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Novagold Resources's Marketable Securities for the quarter that ended in May. 2026 was C$402.20 Mil.

Novagold Resources's annual Marketable Securities declined from Nov. 2023 (C$109.66 Mil) to Nov. 2024 (C$82.44 Mil) and declined from Nov. 2024 (C$82.44 Mil) to Nov. 2025 (C$7.03 Mil).

Novagold Resources  (TSX:NG) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Novagold Resources Marketable Securities Related Terms

Novagold Resources Marketable Securities Historical Data

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The historical data trend for Novagold Resources's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Novagold Resources Marketable Securities Chart

Novagold Resources Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.02 83.43 109.66 82.44 7.03

Novagold Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.67 92.44 7.03 377.62 402.20
TSX:NG
33GF Score
Novagold Resources Inc TSX:NG
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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Novagold Resources Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of C$402.20 Mil mean?
Novagold Resources (TSX:NG) has a Marketable Securities of C$402.20 Mil as of May. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Novagold Resources and its competitors.
Is Novagold Resources' Marketable Securities too high?
Novagold Resources' current Marketable Securities is C$402.20 Mil. Overall, Novagold Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Novagold Resources' Marketable Securities compare to NEM and AU?
Novagold Resources' Marketable Securities of C$402.20 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Metals & Mining company?
A good Marketable Securities depends on the Metals & Mining industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Novagold Resources and its competitors. Novagold Resources's current Marketable Securities is C$402.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novagold Resources stock overvalued right now?
Novagold Resources (TSX:NG) has a current Marketable Securities of C$402.20 Mil. The current Marketable Securities is C$402.20 Mil. Novagold Resources' overall GF Score™ is 33/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Novagold Resources (TSX:NG), the current Marketable Securities is C$402.20 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novagold Resources Business Description

Address 201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
Novagold Resources Inc operates in the gold mining industry, focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (Donlin Gold), a limited liability company owned equally by wholly owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (Barrick). The company includes exploration and development activities of gold and other precious metals.
33GF Score

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