NG (Novagold Resources) Shares Buyback Ratio %: -9.77 (As of Aug. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NG Novagold Resources Inc NG
29 GF Score
Price $7.94
! 1 Warning Sign
View Full Analysis

What is Novagold Resources Shares Buyback Ratio %?

Novagold Resources NG +2.32% 29 Shares Buyback Ratio % is -9.77 as of Aug. 16, 2026. GuruFocus rates NG with a GF Score™ of 29/100. The stock has 1 warning sign investors should review.

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

GuruFocus calculates shares buyback ratio using previous shares outstanding minus the current shares outstanding, and then divides by previous shares outstanding. Novagold Resources's current shares buyback ratio was -9.77%.

Novagold Resources Shares Buyback Ratio % Related Terms

Novagold Resources Shares Buyback Ratio % Historical Data

* Premium members only.

The historical data trend for Novagold Resources's Shares Buyback Ratio % 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 Shares Buyback Ratio % Chart

Novagold Resources Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Shares Buyback Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 -0.42 -0.13 -0.10 -21.63

Novagold Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Shares Buyback Ratio % 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 -19.45 -1.80 -0.01 -7.82 -0.01
NG
29GF Score
Novagold Resources Inc NG
Shares Buyback Ratio % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novagold Resources Shares Buyback Ratio % Calculation

Novagold Resources's Shares Buyback Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Nov. 2024 ) - Shares Outstanding (EOP) (A: Nov. 2025 )) / Shares Outstanding (EOP) (A: Nov. 2024 )
=(334.567 - 406.932) / 334.567
=-21.63%

Novagold Resources's Shares Buyback Ratio for the quarter that ended in May. 2026 is calculated as

Shares Buyback Ratio=(Shares Outstanding (EOP) (A: Feb. 2026 ) - Shares Outstanding (EOP) (A: May. 2026 )) / Shares Outstanding (EOP) (A: Feb. 2026 )
=(438.738 - 438.781) / 438.738
=-0.01%

* 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.

Frequently Asked Questions Learn more about Shares Buyback Ratio % →
What does a Shares Buyback Ratio % of -9.77 mean?
Novagold Resources (NG) has a Shares Buyback Ratio % of -9.77 as of Aug. 16, 2026. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Novagold Resources and its competitors.
Is Novagold Resources' Shares Buyback Ratio % too high?
Novagold Resources' current Shares Buyback Ratio % is -9.77. Overall, Novagold Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Novagold Resources' Shares Buyback Ratio % compare to NEM and AU?
Novagold Resources' Shares Buyback Ratio % of -9.77 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 Shares Buyback Ratio % for a Metals & Mining company?
A good Shares Buyback Ratio % depends on the Metals & Mining industry context. However, Shares Buyback Ratio % 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 Shares Buyback Ratio % mean?
A high Shares Buyback Ratio % can signal that a stock is expensive relative to its fundamentals. Share buyback ratio is the percent change of a company's shares outstanding from two periods. View historical data on Novagold Resources and its competitors. Novagold Resources's current Shares Buyback Ratio % is -9.77. 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 (NG) has a current Shares Buyback Ratio % of -9.77. The current Shares Buyback Ratio % is -9.77. Novagold Resources' overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Buyback Ratio % calculated?
Shares Buyback Ratio % is calculated from a company's financial statements. For Novagold Resources (NG), the current Shares Buyback Ratio % is -9.77 as of Aug. 16, 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.
29GF Score

Get the complete analysis for NG

Shares Buyback Ratio % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.94
Price