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Novagold Resources (TSX:NG) Reserves - Proven (K) : 0.00 (As of . 20)


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What is Novagold Resources Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for Novagold Resources's Reserves - Proven (K) or its related term are showing as below:

TSX:NG's Reserves - Proven (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

Novagold Resources Reserves - Proven (K) Historical Data

The historical data trend for Novagold Resources's Reserves - Proven (K) 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.

* Premium members only.

Novagold Resources Reserves - Proven (K) Chart


Novagold Resources  (TSX:NG) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

Novagold Resources Reserves - Proven (K) Related Terms

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Novagold Resources (TSX:NG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novagold Resources Inc (TSX:NG) » Definitions » Reserves - Proven (K)
Comparable Companies
TSX:CXB TSX:OSK TSX:SSRM TSX:WDO TSX:AAUC TSX:KRR TSX:NGD TSX:TXG TSXV:NFG TSX:OLA SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
NG:USA NGR:Germany NG:Argentina
Address
201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
Website
https://www.novagold.com
Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
Executives
Anthony P. Walsh Director