Novagold Resources (TSX:NG) Tax Rate %: 0.00% (As of May. 2026)

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TSX:NG Novagold Resources Inc TSX:NG
33 GF Score
Price C$8.46
! 1 Warning Sign
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What is Novagold Resources Tax Rate %?

Novagold Resources TSX:NG +4.19% 33 Tax Rate % is 0.00% as of May. 2026. GuruFocus rates TSX:NG with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novagold Resources's Tax Expense for the three months ended in May. 2026 was C$0.00 Mil. Novagold Resources's Pre-Tax Income for the three months ended in May. 2026 was C$-34.97 Mil. Therefore, Novagold Resources's Tax Rate % for the quarter that ended in May. 2026 was 0.00%.

Novagold Resources Tax Rate % Related Terms

Novagold Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for Novagold Resources's Tax Rate % 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 Tax Rate % Chart

Novagold Resources Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.34 0.06 -0.08 -1.61 0.00

Novagold Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Rate % 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 0.00 0.00 0.00 0.00 0.00
TSX:NG
33GF Score
Novagold Resources Inc TSX:NG
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Novagold Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Novagold Resources's Tax Rate % for the fiscal year that ended in Nov. 2025 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2025 )/Pre-Tax Income (A: Nov. 2025 )
=0/-133.053
=0.00 %

Novagold Resources's Tax Rate % for the quarter that ended in May. 2026 is calculated as

Tax Rate %=Tax Expense (Q: May. 2026 )/Pre-Tax Income (Q: May. 2026 )
=0/-34.969
=0.00 %

* 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 Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Novagold Resources (TSX:NG) has a Tax Rate % of 0.00% as of May. 2026.
Is Novagold Resources' Tax Rate % too high?
Novagold Resources' current Tax Rate % is 0.00%. Overall, Novagold Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Novagold Resources' Tax Rate % compare to NEM and AU?
Novagold Resources' Tax Rate % of 0.00% 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 Tax Rate % for a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Novagold Resources's current Tax Rate % is 0.00%. 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 Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Novagold Resources (TSX:NG), the current Tax Rate % is 0.00% 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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$8.46
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