Igor Levental - NovaGold Resources Independent Director

NG Stock  USD 2.87  0.03  1.06%   

Director

Mr. Igor Levental serves as an Independent Director of NovaGold Resources Inc. Mr. Levental, a Director of the Company, is President of The Electrum Group, a privatelyheld global natural resources investment management company which manages the portfolio of Electrum. Electrum and its affiliates are collectively the largest Shareholder of the Company. Mr. Levental has more than 30 years of international experience in the mining industry and has held senior positions with major mining companies including Homestake Mining Company and International Corona Corporationrationration. Mr. Levental is a Professional Engineer with a BSc in Chemical Engineering and an MBA from the University of Alberta. The Board has determined that Mr. Levental should serve as a Director for the Company to benefit from his extensive experience as an executive of large mining companies. Mr. Leventals primary occupation during the last five years was President of The Electrum Group. During the most recent five years, Mr. Levental served as a director of Sunward Resources Ltd. until June 2015, as a director of Gabriel Resources Limited until June 2016, as a director of Trilogy Metals Inc. until June 2016, and as a director of Taung Gold International Limited until September 2017. since 2010.
Age 63
Tenure 14 years
Professional MarksMBA
Address 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6
Phone604 669 6227
Webhttps://www.novagold.com
Levental is a Professional Engineer with a BSc in Chemical Engineering and an MBA from the University of Alberta.

NovaGold Resources Management Efficiency

The company has Return on Asset (ROA) of (0.1008) % which means that for every 100 dollars spent on asset, it generated a loss of $0.1008. This is way below average. Likewise, it shows a return on total equity (ROE) of (17.9148) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Equity is estimated to increase to 6.84, while Return On Tangible Assets are forecasted to increase to (0.38). At this time, NovaGold Resources' Debt To Assets are most likely to increase slightly in the upcoming years.
The company reports 137.55 M of total liabilities with total debt to equity ratio (D/E) of 2.99, which may imply that the company relies heavily on debt financing. NovaGold Resources has a current ratio of 44.53, indicating that it is in good position to pay out its debt commitments in time. Debt can assist NovaGold Resources until it has trouble settling it off, either with new capital or with free cash flow. So, NovaGold Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NovaGold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NovaGold to invest in growth at high rates of return. When we think about NovaGold Resources' use of debt, we should always consider it together with cash and equity.

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NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada. Novagold Resources operates under Gold classification in the United States and is traded on AMEX Exchange. NovaGold Resources (NG) is traded on NYSE MKT Exchange in USA. It is located in 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6 and employs 13 people. NovaGold Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

NovaGold Resources Leadership Team

Elected by the shareholders, the NovaGold Resources' board of directors comprises two types of representatives: NovaGold Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NovaGold. The board's role is to monitor NovaGold Resources' management team and ensure that shareholders' interests are well served. NovaGold Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NovaGold Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Kaplan, Chairman of the Board
Ethan Schutt, Independent Director
Kalidas Madhavpeddi, Independent Director
Ronald Rimelman, Health, Environment
Gregory Lang, CEO and President Non-Independent Director, Member of Environment, Health, Safety, Sustainability and Technical Committee and Member of Corporate Communications Committee
Richard BSc, VP Devel
Tricia Pannier, Corporate Secretary
Clynton Nauman, Independent Director
Anthony Walsh, Lead Independent Director
Benjamin Machlis, VP Counsel
Sharon Dowdall, Independent Director
David Ottewell, CFO, Principal Accounting Officer and VP
Igor Levental, Independent Director
Melanie Hennessey, Vice Communications
David CA, VP CFO
Jason Mercier, Manager Relations
Elaine DorwardKing, Director
Diane Garrett, Independent Director

NovaGold Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NovaGold Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether NovaGold Resources is a strong investment it is important to analyze NovaGold Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NovaGold Resources' future performance. For an informed investment choice regarding NovaGold Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.
Note that the NovaGold Resources information on this page should be used as a complementary analysis to other NovaGold Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running NovaGold Resources' price analysis, check to measure NovaGold Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NovaGold Resources is operating at the current time. Most of NovaGold Resources' value examination focuses on studying past and present price action to predict the probability of NovaGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaGold Resources' price. Additionally, you may evaluate how the addition of NovaGold Resources to your portfolios can decrease your overall portfolio volatility.
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Is NovaGold Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.14)
Return On Assets
(0.10)
Return On Equity
(17.91)
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.