Novagold Resources (STU:NGR) 1-Year Share Buyback Ratio : -0.10% (As of Feb. 2025 )

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What is Novagold Resources 1-Year Share Buyback Ratio?

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

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Novagold Resources's current 1-Year Share Buyback Ratio was -0.10%.

STU:NGR's 1-Year Share Buyback Ratio is ranked better than
95.15% of 1916 companies
in the Metals & Mining industry
Industry Median: -18.7 vs STU:NGR: -0.10

Competitive Comparison of Novagold Resources's 1-Year Share Buyback Ratio

For the Gold subindustry, Novagold Resources's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Novagold Resources's 1-Year Share Buyback Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Novagold Resources's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Novagold Resources's 1-Year Share Buyback Ratio falls into.

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Novagold Resources 1-Year Share Buyback Ratio Calculation

Novagold Resources's 1-Year Share Buyback Ratio for the quarter that ended in Feb. 2025 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Feb. 2024 )	-	Shares Outstanding (EOP) (Feb. 2025 ))	/	Shares Outstanding (EOP) (Feb. 2024 )
	=	(334.371	-	334.647)	/	334.371
	=	-0.1%

* 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 (STU:NGR) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Novagold Resources 1-Year Share Buyback Ratio Related Terms

Novagold Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novagold Resources Inc (STU:NGR) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

NG:USA NGR:Germany NG:Canada NG:Argentina

Address

201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111

Website

https://www.novagold.com

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 presious metals.

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