NOVAGOLD RESOURCES INC (NG) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
NG currently has 415M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 32.46% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Apr 01, 2026 |
10-Q filing | 415.1M shares outstanding |
420M | 0 |
| Jan 22, 2026 |
10-K filing | 374.7M shares outstanding |
370M | 32M |
| Oct 01, 2025 |
10-Q filing | 406.5M shares outstanding |
410M | 390K |
| Aug 12, 2025 |
RW filing: The Company is requesting the withdrawal of the Registration Statement because the Company became aware of the fact that it did not satisfy the registrant requirements under general instruction I.A.3(b) of Form S-3 due to a late Current Report on Form 8-K, filed July 22, 2025. No securities were sold in connection with the offering contemplated in the Registration Statement. |
410M | 0 |
| Jun 25, 2025 |
10-Q filing | 406.9M shares outstanding |
410M | 0 |
| Jun 05, 2025 |
8-K filing: The underwriters fully exercised their option to purchase an additional 7,177,500 common shares at the same price as the initial offering, resulting in net proceeds of approximately $25.6 million for the company. ($25.6M proceeds) |
330M | 0 |
| May 12, 2025 |
8-K filing: NOVAGOLD Resources Inc. completed a non-brokered private placement of 17,173,853 common shares at $3.75 per share, for gross proceeds of approximately $64.4 million, and closed a public offering of 47,850,000 common shares at $3.75 per share, for gross proceeds of approximately $179.4 million. ($243.8M proceeds) |
330M | 0 |
| May 09, 2025 |
8-K filing: NovaGold Resources Inc. entered into an Underwriting Agreement for a public offering of 47,850,000 common shares and a concurrent private placement of 17,173,853 common shares with Electrum Strategic Resources L.P. and Kopernick Global Investors, LLC. ($64.4M proceeds) |
330M | 0 |
| Apr 22, 2025 |
8-K filing: NOVAGOLD has entered into a backstop agreement with investors to purchase up to $170 million in common shares at $3.00 per share to finance part of the acquisition of Barrick's interest in Donlin Gold LLC, and will issue warrants to purchase 25.5 million common shares at $3.00 per share. ($170.0M proceeds) |
330M | 0 |
| Apr 01, 2025 |
10-Q filing | 334.6M shares outstanding |
330M | 0 |
| Jan 23, 2025 |
10-K filing | 334.6M shares outstanding |
330M | 0 |
| Oct 02, 2024 |
10-Q filing | 334.5M shares outstanding |
330M | 0 |
| Jun 26, 2024 |
10-Q filing | 334.4M shares outstanding |
330M | 0 |
| Apr 03, 2024 |
10-Q filing | 334.4M shares outstanding |
330M | 0 |
| Jan 24, 2024 |
10-K filing | 334.4M shares outstanding |
330M | 0 |
| Oct 03, 2023 |
10-Q filing | 334.2M shares outstanding |
330M | 0 |
| Jun 27, 2023 |
10-Q filing | 334.1M shares outstanding |
330M | 0 |
| Apr 04, 2023 |
10-Q filing | 334.0M shares outstanding |
330M | 0 |
| Jan 25, 2023 |
10-K filing | 334.0M shares outstanding |
330M | 0 |
| Oct 04, 2022 |
10-Q filing | 333.3M shares outstanding |
330M | 0 |
| Jun 29, 2022 |
10-Q filing | 333.2M shares outstanding |
330M | 0 |
| Apr 05, 2022 |
10-Q filing | 333.2M shares outstanding |
330M | 0 |
| Jan 26, 2022 |
10-K filing | 332.4M shares outstanding |
330M | 0 |
| Sep 29, 2021 |
10-Q filing | 331.7M shares outstanding |
330M | 0 |
| Jun 29, 2021 |
10-Q filing | 331.7M shares outstanding |
330M | 0 |
| Mar 31, 2021 |
10-Q filing | 331.3M shares outstanding |
330M | 0 |
| Jan 27, 2021 |
10-K filing | 330.4M shares outstanding |
330M | 0 |
| Sep 30, 2020 |
10-Q filing | 329.9M shares outstanding |
330M | 0 |
| Jun 24, 2020 |
10-Q filing | 329.6M shares outstanding |
330M | 0 |
| Apr 01, 2020 |
10-Q filing | 328.7M shares outstanding |
330M | 0 |
| Jan 22, 2020 |
10-K filing | 327.6M shares outstanding |
330M | 0 |